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Company Registration No. 03029318 (England and Wales)
Sands Care Morecambe Limited Unaudited accounts for the year ended 31 December 2022
Sands Care Morecambe Limited Unaudited accounts Contents
Page
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Sands Care Morecambe Limited Company Information for the year ended 31 December 2022
Director
Mr Robert Wilson
Company Number
03029318 (England and Wales)
Registered Office
390 Marine Road East
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Sands Care Morecambe Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
182,391 
193,751 
Investments
685,000 
635,000 
867,391 
828,751 
Current assets
Inventories
3,500 
3,500 
Debtors
1,016,313 
168,186 
Cash at bank and in hand
260,214 
337,796 
1,280,027 
509,482 
Creditors: amounts falling due within one year
(821,957)
(409,635)
Net current assets
458,070 
99,847 
Total assets less current liabilities
1,325,461 
928,598 
Creditors: amounts falling due after more than one year
(143,047)
- 
Net assets
1,182,414 
928,598 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,182,412 
928,596 
Shareholders' funds
1,182,414 
928,598 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 September 2023 and were signed on its behalf by
Mr Robert Wilson Director Company Registration No. 03029318
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Sands Care Morecambe Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Sands Care Morecambe Limited is a private company, limited by shares, registered in England and Wales, registration number 03029318. The registered office is 390 Marine Road East.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
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 1 January 2022
55,782 
1,995 
828,421 
22,154 
908,352 
Additions
15,472 
- 
9,264 
- 
24,736 
At 31 December 2022
71,254 
1,995 
837,685 
22,154 
933,088 
Depreciation
At 1 January 2022
18,501 
1,586 
685,652 
8,862 
714,601 
Charge for the year
7,913 
61 
22,805 
5,317 
36,096 
At 31 December 2022
26,414 
1,647 
708,457 
14,179 
750,697 
Net book value
At 31 December 2022
44,840 
348 
129,228 
7,975 
182,391 
At 31 December 2021
37,281 
409 
142,769 
13,292 
193,751 
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Sands Care Morecambe Limited Notes to the Accounts for the year ended 31 December 2022
5
Investments
Other investments 
£ 
Valuation at 1 January 2022
635,000 
Additions
50,000 
Valuation at 31 December 2022
685,000 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
122,850 
(56,360)
Amounts due from group undertakings etc.
- 
39,756 
Other debtors
3,986 
184,790 
126,836 
168,186 
Amounts falling due after more than one year
Other debtors
889,477 
- 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
156,224 
289 
Amounts owed to group undertakings and other participating interests
- 
(101,087)
Taxes and social security
118,120 
68,909 
Other creditors
547,613 
420,764 
Loans from directors
- 
20,760 
821,957 
409,635 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Amounts owed to group undertakings and other participating interests
90,997 
- 
Other creditors
52,050 
- 
143,047 
- 
9
Contingent liabilities
The company is a party to a cross guarantee with Sands Care Holdings Limited relating to bank balances. The total liability under guarantee at the year end was £1,673,759 (2019 £2,391,786)
10
Average number of employees
During the year the average number of employees was 141 (2021: 141).
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