IRIS Accounts Production v23.3.0.418 06499236 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064992362022-03-31064992362023-03-31064992362022-04-012023-03-31064992362021-03-31064992362021-04-012022-03-31064992362022-03-3106499236ns16:EnglandWales2022-04-012023-03-3106499236ns15:PoundSterling2022-04-012023-03-3106499236ns11:Director12022-04-012023-03-3106499236ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3106499236ns11:SmallEntities2022-04-012023-03-3106499236ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3106499236ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106499236ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3106499236ns11:FullAccounts2022-04-012023-03-3106499236ns11:Director22022-04-012023-03-3106499236ns11:RegisteredOffice2022-04-012023-03-3106499236ns6:CurrentFinancialInstruments2023-03-3106499236ns6:CurrentFinancialInstruments2022-03-3106499236ns6:Non-currentFinancialInstruments2023-03-3106499236ns6:Non-currentFinancialInstruments2022-03-3106499236ns6:ShareCapital2023-03-3106499236ns6:ShareCapital2022-03-3106499236ns6:RetainedEarningsAccumulatedLosses2023-03-3106499236ns6:RetainedEarningsAccumulatedLosses2022-03-3106499236ns6:FurnitureFittings2022-04-012023-03-3106499236ns6:MotorVehicles2022-04-012023-03-3106499236ns6:ComputerEquipment2022-04-012023-03-3106499236ns6:FurnitureFittings2022-03-3106499236ns6:MotorVehicles2022-03-3106499236ns6:ComputerEquipment2022-03-3106499236ns6:FurnitureFittings2023-03-3106499236ns6:MotorVehicles2023-03-3106499236ns6:ComputerEquipment2023-03-3106499236ns6:FurnitureFittings2022-03-3106499236ns6:MotorVehicles2022-03-3106499236ns6:ComputerEquipment2022-03-3106499236ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-04-012023-03-3106499236ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2023-03-3106499236ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3106499236ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3106499236ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2023-03-3106499236ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-03-3106499236ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2023-03-3106499236ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-03-31
REGISTERED NUMBER: 06499236 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 March 2023

for

Just Homes (Care) Limited

Just Homes (Care) Limited (Registered number: 06499236)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Just Homes (Care) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs J Varga
N Varga





REGISTERED OFFICE: The Hive
142 Thornes Lane
Wakefield
West Yorkshire
WF2 7RE





REGISTERED NUMBER: 06499236 (England and Wales)





ACCOUNTANTS: Equate Limited
Chartered Certified Accountants
The Hive
142 Thornes Lane
Wakefield
West Yorkshire
WF2 7RE

Just Homes (Care) Limited (Registered number: 06499236)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,729 25,512

CURRENT ASSETS
Debtors 5 1,107,308 1,394,407
Cash at bank and in hand 23,896 21,271
1,131,204 1,415,678
CREDITORS
Amounts falling due within one year 6 209,888 212,035
NET CURRENT ASSETS 921,316 1,203,643
TOTAL ASSETS LESS CURRENT
LIABILITIES

969,045

1,229,155

CREDITORS
Amounts falling due after more than one year 7 (37,484 ) (45,483 )

PROVISIONS FOR LIABILITIES (6,682 ) (192 )
NET ASSETS 924,879 1,183,480

CAPITAL AND RESERVES
Called up share capital 1,100 1,100
Retained earnings 923,779 1,182,380
SHAREHOLDERS' FUNDS 924,879 1,183,480

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 directors acknowledge their 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.

Just Homes (Care) Limited (Registered number: 06499236)

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2023 and were signed on its behalf by:





Mrs J Varga - Director


Just Homes (Care) Limited (Registered number: 06499236)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Just Homes (Care) 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 compromises of the value of sales (VAT is not applicable as the welfare exemption applies) of services provided in the normal course of business. Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

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.

Just Homes (Care) Limited (Registered number: 06499236)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 90 (2022 - 82 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 28,937 47,399 9,455 85,791
Additions 5,269 34,320 - 39,589
Disposals (4,667 ) (17,932 ) (1,097 ) (23,696 )
At 31 March 2023 29,539 63,787 8,358 101,684
DEPRECIATION
At 1 April 2022 19,430 33,172 7,677 60,279
Charge for year 2,216 12,137 592 14,945
Eliminated on disposal (3,654 ) (16,586 ) (1,029 ) (21,269 )
At 31 March 2023 17,992 28,723 7,240 53,955
NET BOOK VALUE
At 31 March 2023 11,547 35,064 1,118 47,729
At 31 March 2022 9,507 14,227 1,778 25,512

Just Homes (Care) Limited (Registered number: 06499236)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 34,320
At 31 March 2023 34,320
DEPRECIATION
Charge for year 8,580
At 31 March 2023 8,580
NET BOOK VALUE
At 31 March 2023 25,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 174,263 140,225
Amounts owed by group undertakings 683,600 766,333
Property deposits 115,147 380,649
Other debtors 12,461 11,461
Prepayments and accrued income 121,837 95,739
1,107,308 1,394,407

During the year the company paid further deposits totalling £9,236 to Mrs Varga to secure some of the properties the company is using to carry out it's trade. One of the properties deposits were paid on was sold in the year therefore this deposit was released.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,373 10,022
Hire purchase contracts 15,620 3,983
Trade creditors 10,901 3,255
Tax 49,798 70,212
Social security and other taxes 27,940 36,293
Directors' current accounts 127 -
Accruals and deferred income 95,129 88,270
209,888 212,035

Just Homes (Care) Limited (Registered number: 06499236)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years 10,543 10,304
Bank loans - 2-5 years 12,506 23,310
Hire purchase contracts 14,435 11,869
37,484 45,483

8. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors.