| Kingsway Mezz Hold Co Limited |
| Registered number: |
09211115 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
100 |
|
|
100 |
|
|
|
|
100 |
|
|
100 |
|
| Current assets |
| Debtors |
4 |
|
- |
|
|
- |
| Cash at bank and in hand |
|
|
- |
|
|
- |
|
|
|
- |
|
|
- |
|
| Creditors: amounts falling due within one year |
5 |
|
(68,989,088) |
|
|
(65,301,110) |
|
| Net current liabilities |
|
|
|
(68,989,088) |
|
|
(65,301,110) |
|
| Total assets less current liabilities |
|
|
|
(68,988,988) |
|
|
(65,301,010) |
|
|
| Net liabilities |
|
|
|
(68,988,988) |
|
|
(65,301,010) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
18,577,970 |
|
|
18,577,970 |
| Profit and loss account |
|
|
|
(87,566,958) |
|
|
(83,878,980) |
|
| Shareholder's funds |
|
|
|
(68,988,988) |
|
|
(65,301,010) |
|
|
|
|
|
|
|
|
| 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 member has 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. |
|
|
|
|
| Rishi Ramesh Sachdev |
| Director |
| Approved by the board on 27 October 2026 |
|
| Kingsway Mezz Hold Co 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 and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, 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. |
|
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
Other |
| undertakings |
investments |
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
100 |
|
- |
|
100 |
|
Additions |
- |
|
- |
|
- |
|
Revaluation |
- |
|
- |
|
- |
|
Disposals |
- |
|
- |
|
- |
|
|
At 31 March 2026 |
100 |
|
- |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
- |
|
|
|
|
|
|
- |
|
- |
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
52,059,712 |
|
50,603,826 |
|
Taxation and social security costs |
- |
|
- |
|
Other creditors |
16,929,376 |
|
14,697,284 |
|
|
|
|
|
|
68,989,088 |
|
65,301,110 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
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" section 33.1A, not to disclose related party transactions with wholly owned subsidiaries within the group. |
|
|
| 7 |
Controlling party |
|
|
The immediate parent company is KW Holdings Co Limited and the ultimate holding company is Abbey Care Homes Limited. Both companies are registered in Jersey. The directors of Abbey Care Homes Limited are the ultimate controlling party. |
|
|
| 8 |
Other information |
|
|
Kingsway Mezz Hold Co Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Regent House |
|
Theobald Street |
|
Borehamwood |
|
Hertfordshire |
|
WD6 4RS |