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REGISTERED NUMBER: 06237293 (England and Wales)















Financial Statements

for the Year Ended 31 March 2023

for

Longacre Care Home Limited

Longacre Care Home Limited (Registered number: 06237293)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Longacre Care Home Limited

Company Information
for the year ended 31 March 2023







DIRECTOR: Mr H Doorga





REGISTERED OFFICE: 12-14 Chute Way
High Salvington
Worthing
West Sussex
BN13 3EA





REGISTERED NUMBER: 06237293 (England and Wales)





ACCOUNTANTS: KBMD Limited
Chartered Certified Accountants
Maple House
382 Kenton Road
Harrow
Middlesex
HA3 9DP

Longacre Care Home Limited (Registered number: 06237293)

Abridged Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £ £
FIXED ASSETS
Intangible assets 4 541,875 599,675
Tangible assets 5 13,498 16,526
555,373 616,201

CURRENT ASSETS
Debtors 6 68,318 55,975
Cash at bank and in hand 393,698 394,674
462,016 450,649
CREDITORS
Amounts falling due within one year (40,194 ) (171,057 )
NET CURRENT ASSETS 421,822 279,592
TOTAL ASSETS LESS CURRENT
LIABILITIES

977,195

895,793

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 977,095 895,693
SHAREHOLDERS' FUNDS 977,195 895,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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 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.

Longacre Care Home Limited (Registered number: 06237293)

Abridged Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2023 and were signed by:





Mr H Doorga - Director


Longacre Care Home Limited (Registered number: 06237293)

Notes to the Financial Statements
for the year ended 31 March 2023


1. STATUTORY INFORMATION

Longacre Care Home Limited 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.

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.

Turnover
Turnover represents amounts invoiced for the provision of care services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty five 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Longacre Care Home Limited (Registered number: 06237293)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£
COST
At 1 April 2022
and 31 March 2023 1,445,000
AMORTISATION
At 1 April 2022 845,325
Amortisation for year 57,800
At 31 March 2023 903,125
NET BOOK VALUE

At 31 March 2023 541,875
At 31 March 2022 599,675

5. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 April 2022
and 31 March 2023 127,327
DEPRECIATION
At 1 April 2022 110,801
Charge for year 3,028
At 31 March 2023 113,829
NET BOOK VALUE
At 31 March 2023 13,498
At 31 March 2022 16,526

Longacre Care Home Limited (Registered number: 06237293)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£ £
Other debtors 20,844 -

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Rent totalling £112,500 was charged to the company by Mr H Doorga, a director and a shareholder, and Mrs K Doorga, a shareholder, in the company.

8. RELATED PARTY DISCLOSURES

The related party balance represents net amounts payable of £20,844 (2022: £71,210) to companies under common control.

9. PARTICULARS OF A CHARGE

Barclays bank plc has created a fixed and floating charge, dated 15 December 2021 over all the property or
undertaking of the company.