Company Registration No. 09269441 (England and Wales)
CARE & MORE LTD
Unaudited accounts
for the year ended 29 March 2022
CARE & MORE LTD
Unaudited accounts
Contents
CARE & MORE LTD
Company Information
for the year ended 29 March 2022
Director
Joby Babu CHERIAN
Company Number
09269441 (England and Wales)
Registered Office
7 CRESCENT GARDENS
ALWOODLEY
LEEDS
W YORKS
LS17 8DR
UNITED KINGDOM
Accountants
Orb7 Accountants
53 Peartree Drive
Farnworth
Bolton
Lancashire
BL49RR
CARE & MORE LTD
Statement of financial position
as at 29 March 2022
Intangible assets
4,920
8,150
Tangible assets
37,813
47,266
Cash at bank and in hand
8,233
4,795
Creditors: amounts falling due within one year
(164,099)
(152,548)
Net current liabilities
(135,221)
(146,753)
Total assets less current liabilities
(92,488)
(91,337)
Creditors: amounts falling due after more than one year
(42,168)
(50,000)
Net liabilities
(134,656)
(141,337)
Called up share capital
100
100
Profit and loss account
(134,756)
(141,437)
Shareholders' funds
(134,656)
(141,337)
For the year ending 29 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 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 21 September 2023 and were signed on its behalf by
Joby Babu CHERIAN
Director
Company Registration No. 09269441
CARE & MORE LTD
Notes to the Accounts
for the year ended 29 March 2022
CARE & MORE LTD is a private company, limited by shares, registered in England and Wales, registration number 09269441. The registered office is 7 CRESCENT GARDENS, ALWOODLEY, LEEDS, W YORKS, LS17 8DR, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on cost
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.
Contracts are being amortised evenly over their estimated useful life of five years.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
CARE & MORE LTD
Notes to the Accounts
for the year ended 29 March 2022
Taxation for the period 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 balance sheet date
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Goodwill
Other
Total
At 30 March 2021
10,000
16,000
26,000
At 29 March 2022
10,000
16,000
26,000
At 30 March 2021
8,000
9,850
17,850
Charge for the year
2,000
1,230
3,230
At 29 March 2022
10,000
11,080
21,080
At 29 March 2022
-
4,920
4,920
At 29 March 2021
2,000
6,150
8,150
CARE & MORE LTD
Notes to the Accounts
for the year ended 29 March 2022
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
2,832
5,442
Other creditors
136,648
134,038
Loans from directors
9,000
-
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 9 (2021: 9).