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REGISTERED NUMBER: 03124584 (England and Wales)















Financial Statements

for the Year Ended 31 December 2021

for

Care Expertise Limited

Care Expertise Limited (Registered number: 03124584)

Contents of the Financial Statements
for the year ended 31 December 2021










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Care Expertise Limited

Company Information
for the year ended 31 December 2021







DIRECTORS: Mrs M Awan
Dr I W Jones





REGISTERED OFFICE: 1070-1072 London Road
Thornton Heath
Surrey
CR7 7ND





REGISTERED NUMBER: 03124584 (England and Wales)





ACCOUNTANTS: KBMD Limited
Chartered Certified Accountants
Maple House
382 Kenton Road
Harrow
Middlesex
HA3 9DP

Care Expertise Limited (Registered number: 03124584)

Abridged Balance Sheet
31 December 2021

2021 2020
Notes £    £   
FIXED ASSETS
Intangible assets 4 5,444 4,808
Tangible assets 5 518,539 341,251
523,983 346,059

CURRENT ASSETS
Debtors 762,118 620,443
Cash at bank and in hand 102,993 203,398
865,111 823,841
CREDITORS
Amounts falling due within one year (974,063 ) (738,761 )
NET CURRENT (LIABILITIES)/ASSETS (108,952 ) 85,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

415,031

431,139

PROVISIONS FOR LIABILITIES (54,291 ) (20,459 )
NET ASSETS 360,740 410,680

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 359,740 409,680
SHAREHOLDERS' FUNDS 360,740 410,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Care Expertise Limited (Registered number: 03124584)

Abridged Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by:





Mrs M Awan - Director


Care Expertise Limited (Registered number: 03124584)

Notes to the Financial Statements
for the year ended 31 December 2021


1. STATUTORY INFORMATION

Care Expertise 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents amounts invoiced for the provision of care service.


Intangible assets
Website development costs are being amortised over a period of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Care Expertise Limited (Registered number: 03124584)

Notes to the Financial Statements - continued
for the year ended 31 December 2021


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 166 (2020 - 106 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 5,342
Additions 2,130
At 31 December 2021 7,472
AMORTISATION
At 1 January 2021 534
Amortisation for year 1,494
At 31 December 2021 2,028
NET BOOK VALUE

At 31 December 2021 5,444
At 31 December 2020 4,808

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 489,040
Additions 343,169
Disposals (55,373 )
At 31 December 2021 776,836
DEPRECIATION
At 1 January 2021 147,789
Charge for year 134,762
Eliminated on disposal (24,254 )
At 31 December 2021 258,297
NET BOOK VALUE
At 31 December 2021 518,539
At 31 December 2020 341,251

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Rent totalling £91,500 (2020 £47,400) was charged to the company by Mr I Jones and Mrs M Awan in relation to premises used by the company. Balances owed to the directors' at the year end totalled £8,574 (2020: £35,324).

Care Expertise Limited (Registered number: 03124584)

Notes to the Financial Statements - continued
for the year ended 31 December 2021


7. GROUP TRANSACTIONS AND LOAN

Amounts receivable at the year end by group companies totalled £0 (2020: £80,000).

8. DEBENTURE AND INTER-COMPANY GUARANTEE

National Westminster Bank Plc holds a debenture against all assets of the company as well as an inter-company guarantee for companies within the Care Expertise group of companies.