1 January 2022 false No description of principal activity Taxfiler 2023.9 06552713business:PrivateLimitedCompanyLtd2022-01-012022-12-31 065527132021-12-31 065527132022-01-012022-12-31 06552713business:AuditExemptWithAccountantsReport2022-01-012022-12-31 06552713business:FilletedAccounts2022-01-012022-12-31 065527132022-12-31 06552713business:Director12022-01-012022-12-31 065527132021-12-31 06552713core:WithinOneYear2022-12-31 06552713core:WithinOneYear2021-12-31 06552713core:AfterOneYear2022-12-31 06552713core:AfterOneYear2021-12-31 06552713core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 06552713core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 06552713core:SharePremiumcore:PreviouslyStatedAmount2022-12-31 06552713core:SharePremiumcore:PreviouslyStatedAmount2021-12-31 06552713core:CapitalRedemptionReservecore:PreviouslyStatedAmount2022-12-31 06552713core:CapitalRedemptionReservecore:PreviouslyStatedAmount2021-12-31 06552713core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 06552713core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 06552713core:PreviouslyStatedAmount2022-12-31 06552713core:PreviouslyStatedAmount2021-12-31 06552713business:SmallEntities2022-01-012022-12-31 06552713countries:EnglandWales2022-01-012022-12-31 06552713core:LandBuildings2021-12-31 06552713core:LandBuildings2022-12-31 06552713core:AdditionsToInvestments2022-12-31 065527132021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06552713 (England and Wales)
Sands Care Holdings Limited Unaudited accounts for the year ended 31 December 2022
Sands Care Holdings Limited Unaudited accounts Contents
Page
- 2 -
Sands Care Holdings Limited Company Information for the year ended 31 December 2022
Director
Mr Robert Wilson
Company Number
06552713 (England and Wales)
- 3 -
Sands Care Holdings Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,375,378 
3,375,378 
Investments
381,002 
300,002 
3,756,380 
3,675,380 
Current assets
Debtors
305,957 
331,500 
Cash at bank and in hand
13,482 
76,989 
319,439 
408,489 
Creditors: amounts falling due within one year
(8,349)
(2,711,677)
Net current assets/(liabilities)
311,090 
(2,303,188)
Total assets less current liabilities
4,067,470 
1,372,192 
Creditors: amounts falling due after more than one year
(2,598,433)
- 
Provisions for liabilities
Deferred tax
(26,112)
(26,112)
Net assets
1,442,925 
1,346,080 
Capital and reserves
Called up share capital
50 
50 
Share premium
102,481 
102,481 
Capital redemption reserve
50 
50 
Profit and loss account
1,340,344 
1,243,499 
Shareholders' funds
1,442,925 
1,346,080 
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. 06552713
- 4 -
Sands Care Holdings Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Sands Care Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 06552713.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2022
4,583,840 
At 31 December 2022
4,583,840 
Depreciation
At 1 January 2022
1,208,462 
At 31 December 2022
1,208,462 
Net book value
At 31 December 2022
3,375,378 
At 31 December 2021
3,375,378 
5
Investments
Subsidiary undertakings 
Other investments 
Total 
£ 
£ 
£ 
Valuation at 1 January 2022
2 
300,000 
300,002 
Additions
- 
81,000 
81,000 
Valuation at 31 December 2022
2 
381,000 
381,002 
The company owns 100% of the issued share capital of Sands Care Morecambe Limited. The issued share capital compromises 2 £1 ordinary shares.
- 5 -
Sands Care Holdings Limited Notes to the Accounts for the year ended 31 December 2022
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
20,000 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
90,997 
311,500 
Other debtors
214,960 
- 
305,957 
311,500 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
- 
2,178,328 
Amounts owed to group undertakings and other participating interests
- 
525,000 
Accruals
8,349 
8,349 
8,349 
2,711,677 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
2,073,433 
- 
Other creditors
525,000 
- 
2,598,433 
- 
9
Contingent liabilities
The company is a party to a cross guarantee with Sands Care Morecambe Limited relating to bank balances. The total liability under guarantee at the year end was £1,673,759 (2019 £2,391,786)
10
Transactions with related parties
During the year the company charged rent to Sands Care Morecambe Limited amounting to £248,000 (2019 £312,000). As at 31 December 2019, the following balances were due to connected companies: - Peddar Street Investments Limited £525,000 (2019 £Nil)
11
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 6 -