REGISTERED NUMBER: 05332576 (England and Wales)

BEDALE GRANGE (T F P) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

7

DIRECTORS:

J Fisher

R J D Inman

C N Spencer

E D J R Turnbull

R J D Inman

SECRETARY:

R J D Inman

REGISTERED OFFICE:

Oak Trees Care Home

Main Street

Alne

York

YO61 1TB

REGISTERED NUMBER:

05332576 (England and Wales)

AUDITORS:

Thomas Coombs Limited

Statutory Auditor

Chartered Accountants

3365 The Pentagon

Century Way

Thorpe Park

Leeds

West Yorkshire

LS15 8ZB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

822,966

830,981

822,966

830,981

CURRENT ASSETS

Stocks

500

500

Debtors

6

156,829

50,624

Cash at bank

1,761

4,260

159,090

55,384

CREDITORS

Amounts falling due within one year

7

173,167

119,691

NET CURRENT LIABILITIES

(14,077

)

(64,307

)

TOTAL ASSETS LESS CURRENT LIABILITIES

808,889

766,674

PROVISIONS FOR LIABILITIES

8

133,733

135,737

NET ASSETS

675,156

630,937

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

675,056

630,837

675,156

630,937

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th September 2026 and were signed on its behalf by:

J Fisher - Director

1.	STATUTORY INFORMATION

Bedale Grange (T F P) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The principal activity of the company during the year was the operation of a care home.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

The Directors continue to monitor and assess the company's operations, financial position and risk profile to ensure the business is well placed to respond to external factors that may impact performance. Processes and controls are reviewed regularly, with decisions informed by sector guidance and examples of best practice.

Occupancy levels fluctuated across individual homes during the year but averaged over 90%, with demand for residential placements remaining consistently strong. Since the year end, the company has continued to trade profitably and forecasts sustained profitability into the 2026/27 financial year.

The company remained cash generative throughout the year and has continued to generate positive cash flows since the year end.

Short term funding facilities are maintained with the company's bankers, with monthly reporting provided in line with agreed terms. In addition the company utilizes short term funding from fellow group companies from whom they directly received confirmation that the debt will not be recalled until the company has the ability to repay them.

The Directors have undertaken a full review of the company's estate and initiated a structured repairs and capital investment programme. This includes targeted refurbishment across all homes and a major renovation at the Bedale service. These investments are designed to maintain high standards of accommodation, ensure resident comfort, and support long term operational quality.

The company continues to operate in a challenging economic environment, with rising taxation, statutory wage uplifts and inflationary pressures affecting margins. Forward planning has therefore focused on cost control, operational efficiency, and phased capital investment to ensure the company can maintain high quality care while navigating uncertain economic conditions.

Having considered current trading performance, cash generation, funding arrangements, occupancy levels, and the company's forward plans, the Directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on a going concern basis.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The directors have exercised judgement in determining appropriate depreciation rates and whether there are indications of impairment of the company's fixed assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Acquired goodwill is written off in equal instalments over its estimated useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

- 1% on cost

Plant and machinery

- 20% on cost

Fixtures and fittings

- 10% -33% on cost

Tangible fixed assets are initially recognised at historic cost or deemed historic cost, which includes expenditure incurred in bringing the asset to its present location and condition.

They are assessed at each reporting date for evidence of impairment. Impairment losses are recognised for the amount by which the carrying amount exceeds recoverable amount. Assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that previously recognised impairment losses may no longer exist or be reduced, and any reversal recognised in the accounts.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into transactions in ‘basic’ financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company’s balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2025 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

90,000

AMORTISATION

At 1st April 2025

and 31st March 2026

90,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1st April 2025

900,000

54,769

954,769

Additions

-

8,744

8,744

Disposals

-

(7,827

)

(7,827

)

At 31st March 2026

900,000

55,686

955,686

DEPRECIATION

At 1st April 2025

81,000

42,788

123,788

Charge for year

9,000

5,051

14,051

Eliminated on disposal

-

(5,119

)

(5,119

)

At 31st March 2026

90,000

42,720

132,720

NET BOOK VALUE

At 31st March 2026

810,000

12,966

822,966

At 31st March 2025

819,000

11,981

830,981

Cost or valuation at 31st March 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2009

699,001

55,686

754,687

Cost

200,999

-

200,999

900,000

55,686

955,686

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

51,715

40,475

Amounts owed by group undertakings

102,863

-

Other debtors

2,251

10,149

156,829

50,624

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

17,270

19,451

Amounts owed to group undertakings

55,068

32,586

Taxation and social security

27,452

10,237

Other creditors

73,377

57,417

173,167

119,691

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

133,733

135,737

Deferred

tax

£

Balance at 1st April 2025

135,737

Credit to Statement of Income and Retained Earnings during year

(2,004

)

Balance at 31st March 2026

133,733

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stuart Adam (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited

10.

RESERVES

Included within retained earnings at 31 March 2026 is a non-distributable amount in the sum of £498,609 (2025: £503,349) in relation to unrealised gains net of taxation on revaluation of the company's property.

11.	RELATED PARTY DISCLOSURES

Included in debtors is an amount due from The TFP Group Limited, the immediate parent company, of £102,863 (2025: £6,550 due to). No interest is chargeable on this balance.

Included in creditors is an amount due to The Fisher Partnership Limited, a fellow group company, of £55,068 (2025: £26,036). No interest is chargeable on this balance.