MEDICI REAL ESTATE LTD.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -2.3%

  £613,838 → £600,000

• Cash

  -64.5%

  £192,257 → £68,255

• Net assets

  -2.5%

  £8,935,223 → £8,708,855

• Employees

  —

  Not reported

• Operating profit

  -72.1%

  £496,054 → £138,201

• Profit before tax

  -254.5%

  £146,495 → -£226,368

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MEDICI REAL ESTATE LTD. 2020-09-10 → present
2. MANOR GARDEN VILLAGES LTD 2006-01-11 → 2020-09-10
3. PROTEGO HOUSING LIMITED 2005-05-19 → 2006-01-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MEDICI REAL ESTATE LTD. · parent
   1. Medici Healthcare Ltd 100% · England & Wales · operates Temple Grove Care Home

Significant events

• “On 26 January 2024, the company agreed to an early surrender of a long-term lease. Under the original lease agreement, the tenant had received a rent-free period valued at £741,123, which had been recognised in the profit and loss account over the expected term of the lease. Following the surrender, the remaining balance of the deferred income relating to the rent-free period, amounting to £428,511, was recognised in full in the profit and loss account.”

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.