REGISTERED NUMBER: 05941558 (England and Wales)

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

FOR

THE GLADES 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:

05941558 (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

48,683

37,987

CURRENT ASSETS

Debtors

5

913,745

805,218

Cash at bank and in hand

125,672

221,446

1,039,417

1,026,664

CREDITORS

Amounts falling due within one year

6

239,821

217,147

NET CURRENT ASSETS

799,596

809,517

TOTAL ASSETS LESS CURRENT LIABILITIES

848,279

847,504

PROVISIONS FOR LIABILITIES

6,698

5,597

NET ASSETS

841,581

841,907

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

462,630

462,630

Retained earnings

378,851

379,177

SHAREHOLDERS' FUNDS

841,581

841,907

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

The Glades 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

Motor vehicles

-

20% on cost

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.

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 period was 40 (2025 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

124,240

261,249

26,866

412,355

Additions

-

-

19,000

19,000

At 5 November 2025

124,240

261,249

45,866

431,355

DEPRECIATION

At 1 April 2025

111,011

236,491

26,866

374,368

Charge for period

3,915

4,072

317

8,304

At 5 November 2025

114,926

240,563

27,183

382,672

NET BOOK VALUE

At 5 November 2025

9,314

20,686

18,683

48,683

At 31 March 2025

13,229

24,758

-

37,987

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

195,377

105,160

Amounts owed by group undertakings

702,241

634,624

Other debtors

-

13,708

Amounts due from companies under common control

-

23,000

Prepayments and accrued income

16,127

28,726

913,745

805,218

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade creditors

24,001

11,491

Amounts owed to group undertakings

-

6,000

Tax

37,265

37,265

Social security and other taxes

18,212

10,661

Other creditors

38,740

12,685

Accruals and deferred income

121,603

139,045

239,821

217,147

7.	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

8.	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.

9.	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.

10.	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.

11.	CROSS CORPORATE GUARANTEE

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