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REGISTERED NUMBER: 08992262 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2022

for

Torc Care Home Limited

Torc Care Home Limited (Registered number: 08992262)






Contents of the Financial Statements
for the Year Ended 30 April 2022




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Torc Care Home Limited

Company Information
for the Year Ended 30 April 2022







DIRECTORS: Mrs R E Sheppard
Mr W Sheppard





REGISTERED OFFICE: Unit 3
North Lynn Business Village, Bergen Way
North Lynn Industrial Estate
King's Lynn
Norfolk
PE30 2JG





BUSINESS ADDRESS: 6 Lynn Road
Snettisham
King's Lynn
Norfolk
PE31 7LP





REGISTERED NUMBER: 08992262 (England and Wales)





ACCOUNTANTS: Steve Pye & Co.
Chartered Certified Accountants
Unit 3
North Lynn Business Village
Bergen Way
King's Lynn
Norfolk
PE30 2JG

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Torc Care Home Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Torc Care Home Limited for the year ended 30 April 2022 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Torc Care Home Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Torc Care Home Limited and state those matters that we have agreed to state to the Board of Directors of Torc Care Home Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Torc Care Home Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Torc Care Home Limited. You consider that Torc Care Home Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Torc Care Home Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Steve Pye & Co.
Chartered Certified Accountants
Unit 3
North Lynn Business Village
Bergen Way
King's Lynn
Norfolk
PE30 2JG


15 July 2022

Torc Care Home Limited (Registered number: 08992262)

Balance Sheet
30 April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 38,501 37,679
38,501 37,679

CURRENT ASSETS
Stocks 200 200
Debtors 7 4,477 4,494
Cash at bank 67,727 87,968
72,404 92,662
CREDITORS
Amounts falling due within one year 8 38,024 53,862
NET CURRENT ASSETS 34,380 38,800
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,881

76,479

CREDITORS
Amounts falling due after more than one
year

9

-

(11,618

)

PROVISIONS FOR LIABILITIES (1,864 ) (1,796 )
NET ASSETS 71,017 63,065

Torc Care Home Limited (Registered number: 08992262)

Balance Sheet - continued
30 April 2022

2022 2021
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 70,717 62,765
71,017 63,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2022 and were signed on its behalf by:





Mrs R E Sheppard - Director


Torc Care Home Limited (Registered number: 08992262)

Notes to the Financial Statements
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

Torc Care Home 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful life of the goodwill of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - Straight line over 10 years
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Torc Care Home Limited (Registered number: 08992262)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 4 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2021
and 30 April 2022 21,000
AMORTISATION
At 1 May 2021
and 30 April 2022 21,000
NET BOOK VALUE
At 30 April 2022 -
At 30 April 2021 -

6. TANGIBLE FIXED ASSETS
Fixtures
Land and and Motor
buildings fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2021 27,000 15,725 6,799 49,524
Additions - 4,717 3,600 8,317
Disposals - (4,057 ) (1,800 ) (5,857 )
At 30 April 2022 27,000 16,385 8,599 51,984
DEPRECIATION
At 1 May 2021 - 8,304 3,541 11,845
Charge for year 2,700 3,130 1,665 7,495
Eliminated on disposal - (4,057 ) (1,800 ) (5,857 )
At 30 April 2022 2,700 7,377 3,406 13,483
NET BOOK VALUE
At 30 April 2022 24,300 9,008 5,193 38,501
At 30 April 2021 27,000 7,421 3,258 37,679

Torc Care Home Limited (Registered number: 08992262)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 3,124 2,953
Prepayments 1,353 1,541
4,477 4,494

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts (see note 10) - 4,295
Trade creditors 489 16,728
Corporation tax 11,496 23,115
Social security and other taxes - 1,890
Pension 134 -
Directors' current accounts 21,050 4,170
Accrued expenses 4,855 3,664
38,024 53,862

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans (see note 10) - 11,618

10. LOANS

An analysis of the maturity of loans is given below:

2022 2021
£    £   
Amounts falling due within one year or on demand:
Bank loans - 4,295

Amounts falling due between two and five years:
Bank loans - 2-5 years - 11,618

Torc Care Home Limited (Registered number: 08992262)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2022 and 30 April 2021:

2022 2021
£    £   
Mrs V A Bailey and Mr J E Bailey
Balance outstanding at start of year - 2,047
Amounts advanced - 35,385
Amounts repaid - (37,432 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -