Registered Number:06214194 |
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2022
Benecare Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Benecare Limited
Statement of Financial Position
2021
2022
Property, plant and equipment |
3,200,000
3,100,000
2
3,200,000
3,100,000
Trade and other receivables |
122,580
106,578
3
547,318
Cash and cash equivalents |
473,616
580,194
669,898
Trade and other payables: amounts falling due within one |
year |
(369,610)
(411,174)
4
300,288
169,020
Net current assets
Total assets less current liabilities |
3,369,020
3,400,288
Trade and other payables: amounts falling due after more |
than one year |
(830,053)
(693,434)
5
(330,244)
(330,244)
Provisions for liabilities |
2,345,342
Net assets
2,239,991
90
90
1,507,884
1,407,884
6
837,368
832,017
2,345,342
2,239,991
Shareholders' funds
For the year ended 31 March 2022 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Stephen Richmond Director |
These financial statements were approved and authorised for issue by the Board on 01 June 2022 and were signed by: |
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For the year ended 31 March 2022
Benecare Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2022
Benecare Limited
Notes to the Financial Statements
Statutory Information
Benecare Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
06214194. |
The Thatch, Vine Farm
Stockers Hill
Boughton-Under-Blean
Kent
ME13 9AB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is |
likely that there has been a material change in value. |
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. It has been provided for at 19%. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2022
Benecare Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
3,152,755
52,755
3,100,000
100,000
-
100,000
3,200,000
52,755
3,252,755
Provision for depreciation and impairment |
52,755
52,755
-
52,755
52,755
-
3,200,000
-
3,200,000
3,100,000
-
3,100,000
3. Trade and other receivables |
2021
2022
103,578
122,080
3,000
500
122,580
106,578
4. Trade and other payables: amounts falling due within one year |
2021
2022
Bank loans and overdraft (secured) |
51,432
51,432
250,000
250,000
Taxation and social security |
109,742
64,178
-
4,000
411,174
369,610
5. Trade and other payables: amounts falling due after more than one year |
2021
2022
Bank loans and overdraft (secured) |
693,434
830,053
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For the year ended 31 March 2022
Benecare Limited
Notes to the Financial Statements Continued
Revaluation reserve at 01 April 2021 |
1,407,884
Revaluation of fixed assets |
100,000
1,507,884
Revaluation reserve at 31 March 2022 |
7. Average number of persons employed |
During the year the average number of employees was 46 (2021 : 46)
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