Ivybank Health Care Limited - Filleted accounts

Registered number

07133229

Ivybank Health Care Limited

Unaudited Filleted Accounts

31 January 2026

Ivybank Health Care Limited
Registered number:		07133229
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,200,976			1,221,540

Current assets
Debtors	4	55,814			65,578
Cash at bank and in hand		21,638			21,461
		77,452			87,039

Creditors: amounts falling due within one year	5	(119,133)			(146,636)

Net current liabilities			(41,681)			(59,597)

Total assets less current liabilities			1,159,295			1,161,943

Creditors: amounts falling due after more than one year	6		(823,697)			(842,195)



Net assets			335,598			319,748

Capital and reserves
Called up share capital			1,000			100
Profit and loss account			334,598			319,648

Shareholders' funds			335,598			319,748

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Vinay Thakkar
Director
Approved by the board on 23 October 2026

Ivybank Health Care Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Fixtures, fittings & equipment			20% reducing balance
	Motor vehicles			20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					35		29


3	Tangible fixed assets
		Land and buildings		Fixtures, fittings & equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	1,313,374		328,815		72,340		1,714,529
	Additions	-		25,213		-		25,213
	At 31 January 2026	1,313,374		354,028		72,340		1,739,742

	Depreciation
	At 1 February 2025	246,104		231,211		15,674		492,989
	Charge for the year	18,387		16,539		10,851		45,777
	At 31 January 2026	264,491		247,750		26,525		538,766

	Net book value
	At 31 January 2026	1,048,883		106,278		45,815		1,200,976
	At 31 January 2025	1,067,270		97,604		56,666		1,221,540


4	Debtors					2026		2025
£							£

	Trade debtors					55,814		65,578


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					40,873		48,334
	Obligations under finance lease and hire purchase contracts					7,538		7,538
	Trade creditors					9,297		13,335
	Taxation and social security costs					37,552		24,044
	Other creditors					23,873		53,385
						119,133		146,636


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					785,228		796,188
	Obligations under finance lease and hire purchase contracts					38,469		46,007
						823,697		842,195


7	Controlling party

	The controlling party is V Thakker, the company director.


8	Other information

	Ivybank Health Care Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Wellington Road
	Temple Ewell
	Dover
	Kent
	CT16 3BD