BLACKBERRY HILL LIMITED

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Company is a member of the Group headed by Newco A 13 Limited (the "Group"). The Group, in its going concern assessment, has considered the Company and its anticipated future cashflows, and applied a range of sensitivities to identify plausible situations which would put the pressure on the ability of the Group and Company to continue as a going concern. The Directors believes the appropriate sensitivities in assessing the Group and Company's ability to continue as a going concern are to model reductions in occupancy, lower fee increases, increased labour usage and increased labour pricing. The period of assessment is to 31 August 2026 which is at least 12 months from the date of approval of these financial statements. Even when taking into consideration each of these sensitivities, the Directors has concluded that the Group and Company has sufficient funds to meet all liabilities as they fall due. Consequently, the Directors are confident that the Group and Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore has prepared the financial statements on a going concern basis. The Directors have concluded that there are no material uncertainties that could cause significant doubt over the Company's ability to continue as a going concern.”

Significant events

• “The change in ultimate parent company ownership on 29 February 2024 has had a positive impact on the company's ability to upgrade the environment for its residents.”
• “The Company was a co-guarantor to the group facility with the Bank of Ireland alongside the other subsidiaries in the Group. The bank loan was repaid on 1 March 2024 at which time the guarantee expired. During the year the Company became a co-guarantor to the group facility with National Westminster Bank plc alongside the other subsidiaries in the Group The outstanding balance of the facility at 31 December 2024 is £27,500,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.