Silverfin false 31/03/2023 01/04/2022 31/03/2023 P N Stevens 27/12/2012 W S Stevens 27/12/2012 11 September 2023 The principal activity of the Company during the financial year was the provision of accommodation and personal care for those with a learning or physical disability. 08308343 2023-03-31 08308343 bus:Director1 2023-03-31 08308343 bus:Director2 2023-03-31 08308343 2022-03-31 08308343 core:CurrentFinancialInstruments 2023-03-31 08308343 core:CurrentFinancialInstruments 2022-03-31 08308343 core:ShareCapital 2023-03-31 08308343 core:ShareCapital 2022-03-31 08308343 core:RetainedEarningsAccumulatedLosses 2023-03-31 08308343 core:RetainedEarningsAccumulatedLosses 2022-03-31 08308343 core:LeaseholdImprovements 2022-03-31 08308343 core:PlantMachinery 2022-03-31 08308343 core:Vehicles 2022-03-31 08308343 core:FurnitureFittings 2022-03-31 08308343 core:OfficeEquipment 2022-03-31 08308343 core:LeaseholdImprovements 2023-03-31 08308343 core:PlantMachinery 2023-03-31 08308343 core:Vehicles 2023-03-31 08308343 core:FurnitureFittings 2023-03-31 08308343 core:OfficeEquipment 2023-03-31 08308343 core:CostValuation 2022-03-31 08308343 core:RevaluationsIncreaseDecreaseInInvestments 2023-03-31 08308343 core:CostValuation 2023-03-31 08308343 core:ProvisionsForImpairmentInvestments 2022-03-31 08308343 core:ProvisionsForImpairmentInvestments 2023-03-31 08308343 2022-04-01 2023-03-31 08308343 bus:FullAccounts 2022-04-01 2023-03-31 08308343 bus:SmallEntities 2022-04-01 2023-03-31 08308343 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08308343 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08308343 bus:Director1 2022-04-01 2023-03-31 08308343 bus:Director2 2022-04-01 2023-03-31 08308343 core:LeaseholdImprovements core:TopRangeValue 2022-04-01 2023-03-31 08308343 core:PlantMachinery core:TopRangeValue 2022-04-01 2023-03-31 08308343 core:Vehicles 2022-04-01 2023-03-31 08308343 core:FurnitureFittings core:BottomRangeValue 2022-04-01 2023-03-31 08308343 core:FurnitureFittings core:TopRangeValue 2022-04-01 2023-03-31 08308343 core:OfficeEquipment core:BottomRangeValue 2022-04-01 2023-03-31 08308343 core:OfficeEquipment core:TopRangeValue 2022-04-01 2023-03-31 08308343 2021-04-01 2022-03-31 08308343 core:LeaseholdImprovements 2022-04-01 2023-03-31 08308343 core:PlantMachinery 2022-04-01 2023-03-31 08308343 core:FurnitureFittings 2022-04-01 2023-03-31 08308343 core:OfficeEquipment 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 08308343 (England and Wales)

CRYSTAL CARE AND SUPPORT LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

CRYSTAL CARE AND SUPPORT LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

CRYSTAL CARE AND SUPPORT LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
CRYSTAL CARE AND SUPPORT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTORS P N Stevens
W S Stevens
REGISTERED OFFICE Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX
United Kingdom
COMPANY NUMBER 08308343 (England and Wales)
CHARTERED ACCOUNTANTS Albert Goodman LLP
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX
CRYSTAL CARE AND SUPPORT LIMITED

BALANCE SHEET

As at 31 March 2023
CRYSTAL CARE AND SUPPORT LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 34,974 41,119
Investments 4 91,853 96,653
126,827 137,772
Current assets
Debtors 5 577,069 608,730
Cash at bank and in hand 6 661,439 480,359
1,238,508 1,089,089
Creditors: amounts falling due within one year 7 ( 92,883) ( 118,896)
Net current assets 1,145,625 970,193
Total assets less current liabilities 1,272,452 1,107,965
Net assets 1,272,452 1,107,965
Capital and reserves
Called-up share capital 100 100
Profit and loss account 1,272,352 1,107,865
Total shareholders' funds 1,272,452 1,107,965

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Crystal Care and Support Limited (registered number: 08308343) were approved and authorised for issue by the Board of Directors on 11 September 2023. They were signed on its behalf by:

P N Stevens
Director
W S Stevens
Director
CRYSTAL CARE AND SUPPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
CRYSTAL CARE AND SUPPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Crystal Care and Support Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.

The address of the Company's registered office is Goodwood House, Blackbrook Park Avenue, Taunton, Somerset, TA1 2PX.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the provision of residential care in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements 50 years straight line
Plant and machinery 5 years straight line
Vehicles 20 % reducing balance
Fixtures and fittings 3 - 5 years straight line
Office equipment 3 - 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Government grants

Government grants are recognised within other operating income based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 38 37

3. Tangible assets

Leasehold improve-
ments
Plant and machinery Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £ £
Cost
At 01 April 2022 17,227 8,249 19,249 14,053 6,352 65,130
Additions 0 953 0 270 0 1,223
At 31 March 2023 17,227 9,202 19,249 14,323 6,352 66,353
Accumulated depreciation
At 01 April 2022 1,034 6,560 962 10,099 5,356 24,011
Charge for the financial year 345 1,029 3,657 1,685 652 7,368
At 31 March 2023 1,379 7,589 4,619 11,784 6,008 31,379
Net book value
At 31 March 2023 15,848 1,613 14,630 2,539 344 34,974
At 31 March 2022 16,193 1,689 18,287 3,954 996 41,119

4. Fixed asset investments

Listed investments Total
£ £
Carrying value before impairment
At 01 April 2022 96,653 96,653
Movement in fair value ( 4,800) ( 4,800)
At 31 March 2023 91,853 91,853
Provisions for impairment
At 01 April 2022 0 0
At 31 March 2023 0 0
Carrying value at 31 March 2023 91,853 91,853
Carrying value at 31 March 2022 96,653 96,653

5. Debtors

2023 2022
£ £
Trade debtors 52,032 73,204
Other debtors 525,037 535,526
577,069 608,730

6. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 661,439 480,359

7. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 4,395 5,208
Taxation and social security 72,762 96,097
Other creditors 15,726 17,591
92,883 118,896

8. Related party transactions

Transactions with entities in which the entity itself has a participating interest

2023 2022
£ £
Loan with Staxton Properties Limited 523,012 523,012

The company has provided an interest-free loan (which is repayable on demand) to Staxton Properties Limited with the purpose of purchasing property on a commercial basis. At the balance sheet date the amount due to Crystal Care and Support Limited was £523,012 (2022: £523,012).

Transactions with the entity's directors

2023 2022
£ £
Directors' loan account with interest charged at HMRC official rate 0 9,140

Advances

Total advances made to the directors during the year to 31 March 2023 totalled £18,281 and total repayments made by the directors during the year to 31 March 2023 totalled £27,421. Interest is charged on the overdrawn amount at HMRC's official rate of interest. At 31 March 2023, the directors owed the company £nil.

Total advances made to the directors during the year to 31 March 2022 totalled £129,764 and total repayments made by the directors during the year to 31 March 2022 totalled £197,920. Interest is charged on the overdrawn amount at HMRC's official rate of interest. At 31 March 2022, the directors owed the company £9,140.