EAST AND WEST HEALTHCARE LIMITED

Company number

04209709

Status

Active

Incorporation

2001-05-02

Last accounts made up

2024-05-31

Account category

FULL

Primary SIC

87100

Hubs

UK Healthcare

Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Auditor

Rogers Spencer

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The business profitability has seen an increase from the previous year, however two homes still continue to show a loss, Braeside is showing a small loss of approx. £12,000 due to the fact that the homes occupancy went into recovery part way through the year.”
• “Roche Abbey is making a higher loss, this has been due to a number of factors including lack of staffing, high cost of living and low occupancy.”
• “The company employed an area manager in August 2023, this has provided greater support to managers and she is driving the occupancy of the homes in Rochdale homes due to longstanding relations with Rochdale Commissioning.”
• “Energy prices are beginning to stabilise and will look to enter longer term contracts going forward so that we can have certainty with regards to these going forward, Roche Abbey is due for renewal at the end of 2025 and it is anticipated that this will reduce the energy costs at this point.”
• “We have refinanced with Barclays bank with an interest of 2.1% above base rate, this is an improvement from the previous 2.5% above base rate that we had with Virgin money. The base rate has since decreased as well which further reduces the repayments.”
• “The care sector still has a lot of uncertainty with regard to staffing and to help this the company has began recruitment from abroad to stabilise the workforce and reduce agency usage. This however comes with increased initial costs as recruitment of one employee from abroad costs £5,000 and then there are additional costs involved in training them and to support nurses to do their conversion to obtain a UK Pin.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers