REGISTERED NUMBER: 04216853 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2025 TO 5 NOVEMBER 2025

FOR

ATHORPE HEALTH CARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Markovic

REGISTERED OFFICE:

New Burlington House

1075 Finchley Road

London

NW11 0PU

REGISTERED NUMBER:

04216853 (England and Wales)

AUDITORS:

Beeley Hawley & Co. Ltd

Chartered Accountants

Statutory Auditors

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

FIXED ASSETS

Tangible assets

4

160,912

202,966

CURRENT ASSETS

Stocks

4,442

-

Debtors

5

1,314,041

693,837

Cash at bank and in hand

63,542

360,538

1,382,025

1,054,375

CREDITORS

Amounts falling due within one year

6

927,591

880,535

NET CURRENT ASSETS

454,434

173,840

TOTAL ASSETS LESS CURRENT LIABILITIES

615,346

376,806

CREDITORS

Amounts falling due after more than one year

7

(2,383,957

)

(2,415,781

)

PROVISIONS FOR LIABILITIES

(1,666

)

(9,341

)

NET LIABILITIES

(1,770,277

)

(2,048,316

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,770,377

)

(2,048,416

)

SHAREHOLDERS' FUNDS

(1,770,277

)

(2,048,316

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

D Markovic - Director

1.	STATUTORY INFORMATION

Athorpe Health Care 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

The turnover shown in the profit and loss account represents the value of care services provided, based on the level of care required. Turnover is recognised at the point these care services are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Fixtures and fittings

-

20% on cost

Stocks

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

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

At the balance sheet date, the company record net liabilities of £1,732,158. The company meets its day to day working capital demands via trading and funding from fellow subsidiaries. As such, the company is reliant upon the support of its creditors.

In determining the appropriate basis of preparation of this Report and Financial Statements, the directors are required to consider whether the company can continue its operational existence for the foreseeable future; that is for at least the 12 months following the signing of this report. The directors understand that the company will receive the full support of its creditors throughout this period and it is appropriate for the financial statements to be prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 53 (2025 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 April 2025

and 5 November 2025

562,123

1,280,741

1,842,864

DEPRECIATION

At 1 April 2025

562,123

1,077,775

1,639,898

Charge for period

-

42,054

42,054

At 5 November 2025

562,123

1,119,829

1,681,952

NET BOOK VALUE

At 5 November 2025

-

160,912

160,912

At 31 March 2025

-

202,966

202,966

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

115,904

109,676

Amounts owed by group undertakings

999,221

281,842

Other debtors

-

2,500

Other loans

-

84,000

Prepayments & accrued income

198,916

215,819

1,314,041

693,837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade creditors

59,674

61,112

Amounts owed to group undertakings

352,241

425,038

Tax

138,195

78,256

Social security and other taxes

47,147

22,804

Other creditors

20,832

20,133

Accruals

309,502

273,192

927,591

880,535

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2025

£

£

Premises Lease

2,383,957

2,415,781

Creditors due after more than one year includes £1,732,694 (2025: £1,849,324) due to release after more than five years.

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2025

£

£

Within one year

599,325

587,147

Between one and five years

2,575,641

2,530,100

In more than five years

4,807,174

5,215,573

7,982,140

8,332,820

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

The Report of the Auditors was unqualified.

Mr G M Beeley (Senior Statutory Auditor)

for and on behalf of Beeley Hawley & Co. Ltd

10.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11.	POST BALANCE SHEET EVENTS

On 5 November 2025, the entire share capital of the company's immediate holding company was acquired by Pearlcare Dinnington Ltd.

12.	ULTIMATE CONTROLLING PARTY

Until 5 November 2025, the ultimate parent company is Dinnington Care Holdings Ltd , a company registered in England with its registered office at The Dairy, Criftin Enterprise Centre, Oxton Road, Epperstone, Notts. NG14 6AT. Consolidated accounts are available from Companies House, Cardiff, CF4 3UZ.There is no one individual who owns more than 50% of the ordinary share capital of the ultimate parent company. Please see the post balance sheet events note for details changes of control since the year end.

13.	CROSS CORPORATE GUARANTEE

The company's assets are secured by debenture covering the obligations of group companies.