Company Registration No. 12298729 (England and Wales)
GALILEE CARE LTD.
Unaudited accounts
for the year ended 29 November 2021
GALILEE CARE LTD.
Unaudited accounts
Contents
GALILEE CARE LTD.
Company Information
for the year ended 29 November 2021
Directors
Christina Adenike Adebayo
Mufutau Olajide Akejue
Company Number
12298729 (England and Wales)
Registered Office
7 Palace Court
Watling Street
Chatham
ME5 7ES
England
GALILEE CARE LTD.
Statement of financial position
as at 29 November 2021
Tangible assets
72,276
44,109
Cash at bank and in hand
61,607
1,984
Creditors: amounts falling due within one year
(75,593)
(15,450)
Net current liabilities
(13,986)
(13,466)
Total assets less current liabilities
58,290
30,643
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net assets/(liabilities)
8,290
(19,357)
Called up share capital
100
100
Profit and loss account
8,190
(19,457)
Shareholders' funds
8,290
(19,357)
For the year ending 29 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2022 and were signed on its behalf by
Mufutau Olajide Akejue
Director
Company Registration No. 12298729
GALILEE CARE LTD.
Notes to the Accounts
for the year ended 29 November 2021
GALILEE CARE LTD. is a private company, limited by shares, registered in England and Wales, registration number 12298729. The registered office is 7 Palace Court, Watling Street, Chatham, ME5 7ES, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
10% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 30 November 2020
16,802
5,000
18,840
4,100
44,742
Additions
31,409
4,645
6,736
1,280
44,070
At 29 November 2021
48,211
9,645
25,576
5,380
88,812
At 30 November 2020
280
83
157
113
633
Charge for the year
9,642
1,929
2,557
1,775
15,903
At 29 November 2021
9,922
2,012
2,714
1,888
16,536
At 29 November 2021
38,289
7,633
22,862
3,492
72,276
At 29 November 2020
16,522
4,917
18,683
3,987
44,109
GALILEE CARE LTD.
Notes to the Accounts
for the year ended 29 November 2021
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
10,456
641
Proposed dividends
48,000
-
Other creditors
4,300
4,300
Loans from directors
12,237
10,109
6
Creditors: amounts falling due after more than one year
2021
2020
7
Average number of employees
During the year the average number of employees was 19 (2020: 5).