Memento Care Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08793277 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Memento Care Limited

T/A

Glenesk Care Home

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V S Sandhu

P S Sandhu

Mrs B K Sandhu

REGISTERED OFFICE:

Glenesk Care Home, The Crescent, Retford

The Crescent

Retford

Nottinghamshire

DN22 7BX

REGISTERED NUMBER:

08793277 (England and Wales)

ACCOUNTANTS:

Business Ledger Limited

Chartered Certified Accountants

3 Waterside Drive

Langley

Berkshire

SL3 6EZ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

432,940

450,250

432,940

450,250

CURRENT ASSETS

Debtors

6

95,826

60,734

Cash at bank and in hand

160,786

128,888

256,612

189,622

CREDITORS

Amounts falling due within one year

7

90,924

54,416

NET CURRENT ASSETS

165,688

135,206

TOTAL ASSETS LESS CURRENT
LIABILITIES

598,628

585,456

CREDITORS

Amounts falling due after more than one year

8

539,199

587,056

NET ASSETS/(LIABILITIES)

59,429

(1,600

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

59,329

(1,700

)

SHAREHOLDERS' FUNDS

59,429

(1,600

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 30 October 2026 and were signed on its behalf by:

P S Sandhu - Director

1.	STATUTORY INFORMATION

Memento 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.

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 a business in 2015, is being amortised evenly over its estimated useful life of five years.

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.

Land and buildings

-

straight line over 30 years

Plant and machinery etc

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2025 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

290,000

AMORTISATION

At 1 February 2025

and 31 January 2026

290,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 February 2025

637,708

54,731

692,439

Additions

-

7,213

At 31 January 2026

637,708

61,944

699,652

DEPRECIATION

At 1 February 2025

198,333

43,856

242,189

Charge for year

20,000

4,523

24,523

At 31 January 2026

218,333

48,379

266,712

NET BOOK VALUE

At 31 January 2026

419,375

13,565

432,940

At 31 January 2025

439,375

10,875

450,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

95,826

60,734

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

37,650

Trade creditors

112

114

Taxation and social security

36,972

12,168

Other creditors

16,190

4,484

90,924

54,416

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.26

31.1.25

£

Bank loans

148,601

196,458

Other creditors

390,598

539,199

587,056

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,102

51,691

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

Bank loans

186,251

234,108

Bank loans are secured on the freehold property owned by the company.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 were paid to the directors .

The directors have provided an interest free loan of £400,598 (2025 - £390,598) to the company with no fixed date for repayment.