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REGISTERED NUMBER: 05276699 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022

FOR

CEDAR COURT CARE LTD.

CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CEDAR COURT CARE LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2022







DIRECTORS: Miss P Somani
Mr N Somani
Mrs D N Somani





REGISTERED OFFICE: 109 Coleman Road
Leicester
Leicester
LE5 4LE





REGISTERED NUMBER: 05276699 (England and Wales)





ACCOUNTANTS: Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE

CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

STATEMENT OF FINANCIAL POSITION
31ST DECEMBER 2022

31/12/22 31/12/21
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,499,288 1,569,816
1,499,288 1,569,816

CURRENT ASSETS
Debtors 6 30,229 109,418
Cash at bank and in hand 203,014 159,454
233,243 268,872
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

(339,401

)

(278,869

)
NET CURRENT LIABILITIES (106,158 ) (9,997 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,393,130

1,559,819

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

8

(447,692

)

(705,478

)

PROVISIONS FOR LIABILITIES (75,383 ) (82,843 )
NET ASSETS 870,055 771,498

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 10 306,635 306,635
Retained earnings 563,418 464,861
SHAREHOLDERS' FUNDS 870,055 771,498

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

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

CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

STATEMENT OF FINANCIAL POSITION - continued
31ST DECEMBER 2022


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th September 2023 and were signed on its behalf by:





Mr N Somani - Director


CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2022


1. STATUTORY INFORMATION

Cedar Court Care Ltd. 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. 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 as modified by the revaluation of certain assets.

TURNOVER
The turnover shown in the profit and loss account represents amounts invoiced during the year.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten 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 the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Office equipment - 33% 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 statement of financial position date.

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.

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.

CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


2. 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.

DEBTORS
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

CREDITORS
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially are fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2021 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2022
and 31st December 2022 190,000
AMORTISATION
At 1st January 2022
and 31st December 2022 190,000
NET BOOK VALUE
At 31st December 2022 -
At 31st December 2021 -

CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor Office
property fittings vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1st January 2022 1,450,000 574,735 5,000 1,292 2,031,027
Disposals - - (5,000 ) - (5,000 )
At 31st December 2022 1,450,000 574,735 - 1,292 2,026,027
DEPRECIATION
At 1st January 2022 124,072 330,847 5,000 1,292 461,211
Charge for year 21,750 48,778 - - 70,528
Eliminated on disposal - - (5,000 ) - (5,000 )
At 31st December 2022 145,822 379,625 - 1,292 526,739
NET BOOK VALUE
At 31st December 2022 1,304,178 195,110 - - 1,499,288
At 31st December 2021 1,325,928 243,888 - - 1,569,816

Cost or valuation at 31st December 2022 is represented by:

Fixtures
Freehold and Office
property fittings equipment Totals
£    £    £    £   
Valuation in 2016 328,561 - - 328,561
Valuation in 2017 50,000 - - 50,000
Cost 1,071,439 574,735 1,292 1,647,466
1,450,000 574,735 1,292 2,026,027

If freehold property had not been revalued it would have been included at the following historical cost:

31/12/22 31/12/21
£    £   
Cost 1,071,439 1,071,439
Aggregate depreciation 128,575 107,146

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
£    £   
Trade debtors 24,169 103,419
Other debtors 6,060 5,999
30,229 109,418

CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
£    £   
Bank loans and overdrafts 51,949 96,949
Trade creditors 20,147 39,523
Taxation and social security 72,812 4,570
Other creditors 194,493 137,827
339,401 278,869

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/22 31/12/21
£    £   
Bank loans 374,231 579,538
Other creditors 73,461 125,940
447,692 705,478

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 166,435 210,492

9. SECURED DEBTS

The following secured debts are included within creditors:

31/12/22 31/12/21
£    £   
Bank loans 426,180 676,487

The debt is secured against 37 New Road, Whittlesey, Peterborough, Cambridgeshire, PE7 1SU and over all assets of the company.

10. RESERVES
Revaluation
reserve
£   
At 1st January 2022
and 31st December 2022 306,635