SOUTH COAST CARE HOMES LIMITED

REVISED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Revised Financial Statements

4

DIRECTORS:

N Patel

K H Patel

H Patel

K H Patel

REGISTERED OFFICE:

99 St Andrews Drive

Stanmore

Middlesex

HA7 2LZ

REGISTERED NUMBER:

09626745 (England and Wales)

ACCOUNTANTS:

Akshar & Company

Chartered Accountants

221 Kenton Lane

Harrow

Middlesex

HA3 8RP

FIXED ASSETS

Intangible assets

5

60,551

84,824

Tangible assets

6

1,499,732

1,528,932

1,560,283

1,613,756

CURRENT ASSETS

Debtors

7

964,420

1,021,088

Cash at bank and in hand

1,139,379

405,867

2,103,799

1,426,955

CREDITORS

Amounts falling due within one year

8

870,721

707,638

NET CURRENT ASSETS

1,233,078

719,317

TOTAL ASSETS LESS CURRENT LIABILITIES

2,793,361

2,333,073

CREDITORS

Amounts falling due after more than one year

9

721,499

762,540

NET ASSETS

2,071,862

1,570,533

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,071,762

1,570,433

SHAREHOLDERS' FUNDS

2,071,862

1,570,533

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 28 October 2026 and were signed on its behalf by:

N Patel - Director

1.	REVISED FINANCIAL STATEMENTS

The financial statements for the year ended 31 March 2025 have been revised.

They

-

replace the original financial statements;

-

are now the statutory financial statements;

-

are prepared as they were at the date of the original financial statements and not as at the date of revision and accordingly do not deal with events between those dates.

The original financial statements did not fully comply with the requirements of the Companies Act 2006 due to the incorrect classification of certain income.

The financial statements have been revised to correct the classification of these incomes and to reflect the appropriate accounting treatment. No other amendments have been made.

2.	STATUTORY INFORMATION

South Coast Care Homes 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.

3.	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.

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

Goodwill, being the amount paid in connection with the acquisition of new businesses, is being amortised evenly over its estimated useful life of 10 years

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the year 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 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 132 (2024 - 115 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

242,731

5

242,736

AMORTISATION

At 1 April 2024

157,912

-

157,912

Charge for year

24,273

-

24,273

At 31 March 2025

182,185

-

182,185

NET BOOK VALUE

At 31 March 2025

60,546

5

60,551

At 31 March 2024

84,819

5

84,824

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,386,805

453,816

1,840,621

DEPRECIATION

At 1 April 2024

-

311,689

311,689

Charge for year

-

29,200

29,200

At 31 March 2025

-

340,889

340,889

NET BOOK VALUE

At 31 March 2025

1,386,805

112,927

1,499,732

At 31 March 2024

1,386,805

142,127

1,528,932

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,273

64,241

Other debtors

957,147

956,847

964,420

1,021,088

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

166,800

221,950

Amounts owed to group undertakings

5,500

5,000

Taxation and social security

212,077

89,591

Other creditors

486,344

391,097

870,721

707,638

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

721,499

762,540

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

54,299

149,340