REGISTERED NUMBER: 04501174 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PENPERGWM HOUSE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H W J Llewelyn

Mr B W T Llewelyn

Mrs C G B Llewelyn

REGISTERED OFFICE:

Penpergwm House

Penpergwm

Abergavenny

Monmouthshire

NP7 9AH

REGISTERED NUMBER:

04501174 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Tangible assets

4

2,761,569

2,722,797

CURRENT ASSETS

Stocks

8,866

8,947

Debtors

5

777,492

723,320

Cash at bank and in hand

651,152

114,913

1,437,510

847,180

CREDITORS

Amounts falling due within one year

6

351,001

325,847

NET CURRENT ASSETS

1,086,509

521,333

TOTAL ASSETS LESS CURRENT LIABILITIES

3,848,078

3,244,130

CREDITORS

Amounts falling due after more than one year

7

(1,385,122

)

(917,933

)

PROVISIONS FOR LIABILITIES

(120,008

)

(124,458

)

NET ASSETS

2,342,948

2,201,739

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,341,948

2,200,739

2,342,948

2,201,739

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 16 October 2026 and were signed on its behalf by:

Mr B W T Llewelyn - Director

Mr H W J Llewelyn - Director

1.	STATUTORY INFORMATION

Penpergwm House 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.

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 recognised in accordance with FRS 102 Section 23, representing the fair value of consideration received or receivable for care, accommodation, and catering services, net of discounts and VAT.

Revenue from both private residents and local authorities is recognised over time on a monthly basis as the performance obligations are satisfied. This reflects the stage of completion and the transfer of control of the services to the resident.

Tangible fixed assets

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

Freehold property

-

not provided

Improvements to property

-

5% on Cost

Plant and machinery

-

25% on reducing balance and 5% on Cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Freehold property

The directors carry out a review of the residual value and useful economic life of the freehold buildings at each reporting date. Residual value is estimated based on current market prices prevailing at the balance sheet date for a similar asset that has already reached the end of its useful life. The directors consider that the current estimated residual value of the buildings exceeds their historical cost carrying amount, the depreciable amount is currently considered to be £nil.

Accordingly, no depreciation has been charged in the current financial year. Depreciation will resume if the residual value subsequently falls below the carrying value.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 56 (2025 - 68 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

2,625,737

479,520

3,105,257

Additions

50,000

6,995

56,995

Disposals

-

(5,000

)

(5,000

)

At 31 March 2026

2,675,737

481,515

3,157,252

DEPRECIATION

At 1 April 2025

-

382,460

382,460

Charge for year

-

18,148

18,148

Eliminated on disposal

-

(4,925

)

(4,925

)

At 31 March 2026

-

395,683

395,683

NET BOOK VALUE

At 31 March 2026

2,675,737

85,832

2,761,569

At 31 March 2025

2,625,737

97,060

2,722,797

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

17,140

40,212

Amounts owed by group undertakings

751,804

669,662

Other debtors

8,548

13,446

777,492

723,320

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

64,878

98,526

Trade creditors

17,592

17,605

Taxation and social security

131,376

117,085

Other creditors

137,155

92,631

351,001

325,847

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

1,385,122

917,933

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,100,731

577,836

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Bank loans

1,450,000

1,016,459

The bank loans and facilities are secured by a fixed and floating charge over the assets of the company.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is PH Care Holdings Limited.