Northcourt Lodge Residential Care Home Limited

Registered number

07336655

Filleted Accounts

31 March 2026

Northcourt Lodge Residential Care Home Limited
Registered number:		07336655
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		30,000			37,500
Tangible assets	4		1,409,962			1,006,669
			1,439,962			1,044,169

Current assets
Debtors	5	29,400			61,997
Cash at bank and in hand		107,668			150,818
		137,068			212,815

Creditors: amounts falling due within one year	6	(348,187)			(59,149)

Net current (liabilities)/assets			(211,119)			153,666

Total assets less current liabilities			1,228,843			1,197,835

Creditors: amounts falling due after more than one year	7		(307,630)			(397,020)



Net assets			921,213			800,815

Capital and reserves
Called up share capital			2,000			2,000
Profit and loss account			919,213			798,815

Shareholders' funds			921,213			800,815

The directors are 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 directors acknowledge their 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.




Mr H S Surdhar Mrs R.K.Surdhar
Director
Approved by the board on 23 October 2026

Northcourt Lodge Residential Care Home Limited
Notes to the Accounts
for the year ended 31 March 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. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised when received.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Premises and Improvements			2% reducing balance basis
	Equipment, fixtures and fittings			15% reducing balance basis
	Computer Equpment			10% Straight Line
	Motor Vehicle			25% reducing balance basis


	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.


	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							33	30


3	Intangible fixed assets								£
	Goodwill:

	Cost
	At 1 April 2025								150,000
	At 31 March 2026								150,000

	Amortisation
	At 1 April 2025								112,500
	Provided during the year								7,500
	At 31 March 2026								120,000

	Net book value
	At 31 March 2026								30,000
	At 31 March 2025								37,500

	Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.

4	Tangible fixed assets
		Premises and Improvement costs		Equipment, Fixtures and Fittings		Computer Equipment		Motor Vehicle	Total
£			£		£		£		£
	Cost
	At 1 April 2025	1,042,577		130,671		3,722		58,890	1,235,860
	Additions	336,302		125,140		-		-	461,442
	At 31 March 2026	1,378,879		255,811		3,722		58,890	1,697,302

	Depreciation
	At 1 April 2025	112,427		80,894		1,823		34,047	229,191
	Charge for the year	25,329		26,238		372		6,210	58,149
	At 31 March 2026	137,756		107,132		2,195		40,257	287,340

	Net book value
	At 31 March 2026	1,241,123		148,679		1,527		18,633	1,409,962
	At 31 March 2025	930,150		49,777		1,899		24,843	1,006,669







5	Debtors							2026	2025
£									£

	Trade debtors							24,700	43,150
	Accrued Income and Prepayments							-	5,747
	Directors Treasury Deposit							200	200
	Other debtors							4,500	12,900
								29,400	61,997


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

	Bank loans and overdrafts							88,244	88,244
	Trade creditors							37,167	60,672
	Taxation and social security costs							49,727	59,071
	Director's Loan							167,126	113,503
	Interactive Brokers Account							5,923	(1,399,900)
	Related Party Balance - Applegarth Care Home Limited							-	570,000
	Related Party Balance - Wild Acres Rest Home Limited							-	570,000
	Accruals							-	(2,441)
								348,187	59,149

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

	Bank loans							304,130	394,020
	Other creditors							3,500	3,000
								307,630	397,020


8	Related Party Balance							2026	2025
£									£

	Applegarth Care Home Limited
	Mr and Mrs Surdhar, directors and shareholders of this company are also directors and shareholders of Applegarth Care Home Limited.
	An interest free and unsecured loan to Applegarth Care Home Limited yet to be reimbursed to the company.
	Amount due to the related party.							-	570,000


	Wild Acres Rest Home Limited
	Mr and Mrs Surdhar, directors and shareholders of this company are also directors and shareholders of Wild Acres Rest Home Limited.
	An interest free and unsecured loan to Wild Acres Rest Home Limited yet to be reimbursed to the company.
	Amount due to the related party.							-	570,000



10	Controlling party

	The directors control the company.

11	Other information

	Northcourt Lodge Residential Care Home Limited is a private company limited by shares and incorporated in England. Its registered office is:
	65 Northcourt Avenue
	Reading
	Berkshire
	RG2 7HF