REGISTERED NUMBER: 05582027 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Simicare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Baljit Gill Thind

SECRETARY:

Jashpal Singh Thind

REGISTERED OFFICE:

Office 1

21 Hatherton Street

Walsall

England

WS4 2LA

REGISTERED NUMBER:

05582027 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Intangible assets

4

203,292

237,663

Tangible assets

5

2,003,955

947,079

Investments

6

152

406,067

2,207,399

1,590,809

CURRENT ASSETS

Debtors

7

2,060,398

876,286

Cash at bank

302,021

276,857

2,362,419

1,153,143

CREDITORS

Amounts falling due within one year

8

(2,518,764

)

(897,663

)

NET CURRENT (LIABILITIES)/ASSETS

(156,345

)

255,480

TOTAL ASSETS LESS CURRENT LIABILITIES

2,051,054

1,846,289

CREDITORS

Amounts falling due after more than one year

9

-

(648,562

)

NET ASSETS

2,051,054

1,197,727

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,051,053

1,197,726

SHAREHOLDERS' FUNDS

2,051,054

1,197,727

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 14 November 2025 and were signed by:

Baljit Gill Thind - Director

1.	STATUTORY INFORMATION

Simicare 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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises the invoiced value of services supplied by the company.

Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

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

-

1% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 69 (2024 - 45 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

695,600

Additions

205,000

Disposals

(695,600

)

At 30 April 2025

205,000

AMORTISATION

At 1 May 2024

457,937

Charge for year

36,488

Eliminated on disposal

(492,717

)

At 30 April 2025

1,708

NET BOOK VALUE

At 30 April 2025

203,292

At 30 April 2024

237,663

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

1,027,149

199,418

1,226,567

Additions

1,898,175

122,109

2,020,284

Disposals

(1,021,245

)

(214,174

)

(1,235,419

)

At 30 April 2025

1,904,079

107,353

2,011,432

DEPRECIATION

At 1 May 2024

101,898

177,590

279,488

Charge for year

11,699

10,133

21,832

Eliminated on disposal

(110,408

)

(183,435

)

(293,843

)

At 30 April 2025

3,189

4,288

7,477

NET BOOK VALUE

At 30 April 2025

1,900,890

103,065

2,003,955

At 30 April 2024

925,251

21,828

947,079

6.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 1 May 2024

406,067

Disposals

(405,081

)

Revaluations

(834

)

At 30 April 2025

152

NET BOOK VALUE

At 30 April 2025

152

At 30 April 2024

406,067

Cost or valuation at 30 April 2025 is represented by:

Other

investment

£

Valuation in 2025

152

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

210,101

(5,793

)

Other debtors

1,850,297

882,079

2,060,398

876,286

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

-

91,698

Trade creditors

65,421

50,396

Taxation and social security

316,037

254,649

Other creditors

2,137,306

500,920

2,518,764

897,663

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

-

648,562

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

648,562

10.	RELATED PARTY DISCLOSURES

As of 30 April 2025, the company was owed by the following companies:

1. £380,000 by Mentmore Estates Limited ('Mentmore')

2. £130,000 by Assura Hospitality Limited ('Assura')

As of 30 April 2025, the company was owed to the following companies:

1. £332,299 to The Laurels Nursing Home (Hastings) Limited ('The Laurels')

2. £592,140 to Watts Healthcare Limited ('Watts')

3. £489,255 by Aclara Estates Limited ('Aclara')

The company also owed £384,942 to Jeeves Estates Ltd ('Jeeves').

Interest is charged at 2% and the loan is repayable on demand.

Mr JS Thind (Mrs BG Thind's husband) was a director of Mentmore, Watts and Jeeves as of 30 April 2025.

Mrs BG Thind was a director of The Laurels as of 30 April 2025.

Mrs BG Thind and Mr JS Thind were directors of Assura and Aclara as of 30 April 2025.

11.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Mrs BG Thind.