2022-04-01 05574463 2023-03-31 05574463 2022-04-01 2023-03-31 05574463 2022-03-31 05574463 2021-04-01 2022-03-31 05574463 uk-core:WithinOneYear 2022-03-31 05574463 uk-core:WithinOneYear 2023-03-31 05574463 uk-core:AfterOneYear 2022-03-31 05574463 uk-core:AfterOneYear 2023-03-31 05574463 uk-core:ShareCapital 2023-03-31 05574463 uk-core:ShareCapital 2022-03-31 05574463 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05574463 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 05574463 uk-bus:Director1 2022-04-01 2023-03-31 05574463 uk-bus:Director2 2022-04-01 2023-03-31 05574463 uk-core:NetGoodwill 2022-04-01 2023-03-31 05574463 uk-core:LandBuildings 2022-04-01 2023-03-31 05574463 uk-core:PlantMachinery 2022-04-01 2023-03-31 05574463 uk-core:MotorVehicles 2022-04-01 2023-03-31 05574463 uk-core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 05574463 uk-core:Goodwill 2022-03-31 05574463 uk-core:Goodwill 2023-03-31 05574463 uk-core:FurnitureFittingsToolsEquipment 2022-03-31 05574463 uk-core:MotorVehicles 2022-03-31 05574463 uk-core:PlantMachinery 2022-03-31 05574463 uk-core:LandBuildings 2022-03-31 05574463 uk-core:PlantMachinery 2023-03-31 05574463 uk-core:MotorVehicles 2023-03-31 05574463 uk-core:FurnitureFittingsToolsEquipment 2023-03-31 05574463 uk-core:LandBuildings 2023-03-31 05574463 uk-core:WithinOneYear 2023-03-31 05574463 uk-core:WithinOneYear 2022-03-31 05574463 uk-core:AfterOneYear uk-core:Secured 2023-03-31 05574463 uk-core:AfterOneYear uk-core:Secured 2022-03-31 05574463 3 uk-bus:Director1 2022-04-01 2023-03-31 05574463 3 uk-bus:Director1 2023-03-31 05574463 3 uk-bus:Director1 2022-03-31 05574463 4 uk-bus:Director2 2022-04-01 2023-03-31 05574463 4 uk-bus:Director2 2023-03-31 05574463 4 uk-bus:Director2 2022-03-31 iso4217:GBP xbrli:pure 05574463 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05574463 uk-bus:FRS102 2022-04-01 2023-03-31 05574463 uk-bus:FullAccounts 2022-04-01 2023-03-31 05574463 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Valmar Care Limited
Registered Number:05574463
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Valmar Care Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05574463
As at 31 March 2023
Valmar Care Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
101,683
91,999
3
101,683
91,999
Current assets
Trade and other receivables
483,059
545,765
4
98,366
Cash and cash equivalents
87,663
633,428
581,425
Trade and other payables: amounts falling due within one
year
(266,947)
(288,527)
5
314,478
344,901
Net current assets
Total assets less current liabilities
446,584
406,477
Trade and other payables: amounts falling due after more
than one year
(87,688)
(63,993)
6
382,591
Net assets
318,789
Capital and reserves
Called up share capital
100
100
Retained earnings
382,491
318,689
382,591
318,789
Shareholders' funds
For the year ended 31 March 2023 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 2023 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.
Mr Stuart Gordon Pearson Director
Mrs Charlie Clare Pearson Director
These financial statements were approved and authorised for issue by the Board on 03 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Valmar Care Limited
Notes to the Financial Statements
Statutory Information
Valmar Care Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05574463.
Registered address:
Locharwoods Care Home Carrs Crescent
Formby
Liverpool
Merseyside
L37 2EU
The presentation currency is £ sterling.
Revenue represents amounts receivable for services.
1. Accounting policies
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
Revenue represents the amounts receivable for services.
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Property, plant and equipment
Property, plant and equipment, 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:
Land & Buildings Leasehold
2% Straight line
Plant & Machinery
20% Reducing balance
20% Reducing balance
Motor Vehicles
20% Reducing balance
Fixtures, Fittings & Equipment
Hire purchase and leasing commitments
Rental payable under oeprating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 March 2023
Valmar Care Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2022
335,000
At 31 March 2023
335,000
Amortisation
At 01 April 2022
335,000
At 31 March 2023
335,000
Net book value
At 31 March 2023
-
At 31 March 2022
-
3. Property, plant and equipment
Total
Fixtures,
Fittings &
Equipment
Motor Vehicles
Plant &
Machinery
Land &
Buildings
Leasehold
£
£
£
£
£
Cost or
valuation
At 01 April 2022
356,840
279,446
2,425
46,764
28,205
32,059
26,914
-
5,145
-
Additions
At 31 March 2023
51,909
2,425
306,360
388,899
28,205
Provision for depreciation and impairment
At 01 April 2022
264,841
212,237
873
38,526
13,205
Charge for year
22,375
18,825
310
2,676
564
At 31 March 2023
287,216
231,062
1,183
41,202
13,769
At 31 March 2023
Net book value
14,436
10,707
1,242
75,298
101,683
At 31 March 2022
15,000
8,238
1,552
67,209
91,999
4. Trade and other receivables
2022
2023
£
£
Other debtors
545,765
483,059
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6
For the year ended 31 March 2023
Valmar Care Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
23,000
23,000
Trade creditors
3,850
12,254
Taxation and social security
25,487
24,618
Other creditors
236,190
207,075
288,527
266,947
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
63,993
87,688
7. Directors advances and guarantees
At 01/04/2022
Loaned
Repaid
At 31/03/2023
£
£
£
£
Mrs Charlie Clare Pearson
Directors Advances
200,198
149,936
50,262
-
200,198
149,936
50,262
-
Mr Stuart Gordon Pearson
Directors Advances
97,681
120,175
33,000
55,494
97,681
120,175
33,000
55,494
8. Average number of persons employed
During the year the average number of employees was 51 (2022 : 47)
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