Complete Care Services (Rossendale) Ltd 03616793 false 2021-08-28 2022-08-25 2022-08-25 The principal activity of the company is that of a care service provider. Digita Accounts Production Advanced 6.30.9574.0 true true 03616793 2021-08-28 2022-08-25 03616793 2022-08-25 03616793 bus:OrdinaryShareClass1 2022-08-25 03616793 bus:Revised 2022-08-25 03616793 core:CapitalRedemptionReserve 2022-08-25 03616793 core:RetainedEarningsAccumulatedLosses 2022-08-25 03616793 core:ShareCapital 2022-08-25 03616793 core:CurrentFinancialInstruments 2022-08-25 03616793 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-25 03616793 core:Non-currentFinancialInstruments 2022-08-25 03616793 core:Non-currentFinancialInstruments core:AfterOneYear 2022-08-25 03616793 core:Goodwill 2022-08-25 03616793 core:FurnitureFittingsToolsEquipment 2022-08-25 03616793 core:LandBuildings 2022-08-25 03616793 core:MotorVehicles 2022-08-25 03616793 core:OtherPropertyPlantEquipment 2022-08-25 03616793 1 2022-08-25 03616793 bus:SmallEntities 2021-08-28 2022-08-25 03616793 bus:AuditExemptWithAccountantsReport 2021-08-28 2022-08-25 03616793 bus:FullAccounts 2021-08-28 2022-08-25 03616793 bus:SmallCompaniesRegimeForAccounts 2021-08-28 2022-08-25 03616793 bus:RegisteredOffice 2021-08-28 2022-08-25 03616793 bus:Director1 2021-08-28 2022-08-25 03616793 bus:OrdinaryShareClass1 2021-08-28 2022-08-25 03616793 bus:PrivateLimitedCompanyLtd 2021-08-28 2022-08-25 03616793 core:Goodwill 2021-08-28 2022-08-25 03616793 core:ComputerEquipment 2021-08-28 2022-08-25 03616793 core:FurnitureFittings 2021-08-28 2022-08-25 03616793 core:FurnitureFittingsToolsEquipment 2021-08-28 2022-08-25 03616793 core:LandBuildings 2021-08-28 2022-08-25 03616793 core:LeaseholdImprovements 2021-08-28 2022-08-25 03616793 core:MotorVehicles 2021-08-28 2022-08-25 03616793 core:OtherPropertyPlantEquipment 2021-08-28 2022-08-25 03616793 core:PlantMachinery 2021-08-28 2022-08-25 03616793 countries:England 2021-08-28 2022-08-25 03616793 1 2021-08-28 2022-08-25 03616793 2021-08-27 03616793 core:Goodwill 2021-08-27 03616793 core:FurnitureFittingsToolsEquipment 2021-08-27 03616793 core:LandBuildings 2021-08-27 03616793 core:MotorVehicles 2021-08-27 03616793 core:OtherPropertyPlantEquipment 2021-08-27 03616793 1 2021-08-27 03616793 2020-08-29 2021-08-27 03616793 2021-08-27 03616793 bus:OrdinaryShareClass1 2021-08-27 03616793 core:CurrentFinancialInstruments 2021-08-27 03616793 core:CurrentFinancialInstruments core:WithinOneYear 2021-08-27 03616793 core:Non-currentFinancialInstruments 2021-08-27 03616793 core:Non-currentFinancialInstruments core:AfterOneYear 2021-08-27 03616793 core:Goodwill 2021-08-27 03616793 core:FurnitureFittingsToolsEquipment 2021-08-27 03616793 core:LandBuildings 2021-08-27 03616793 core:MotorVehicles 2021-08-27 03616793 core:OtherPropertyPlantEquipment 2021-08-27 03616793 1 2021-08-27 03616793 1 2020-08-29 2021-08-27 03616793 1 2020-08-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03616793

Complete Care Services (Rossendale) Ltd

Unaudited Filleted Financial Statements

for the Period from 28 August 2021 to 25 August 2022

 

Complete Care Services (Rossendale) Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 9

 

Complete Care Services (Rossendale) Ltd

(Registration number: 03616793)
Balance Sheet as at 25 August 2022

Note

2022
£

2021
£

Fixed assets

 

Intangible assets

4

337,102

381,484

Tangible assets

5

26,072

42,482

 

363,174

423,966

Current assets

 

Debtors

6

1,138,610

769,054

Cash at bank and in hand

 

85,472

651,103

 

1,224,082

1,420,157

Creditors: Amounts falling due within one year

7

(223,349)

(299,079)

Net current assets

 

1,000,733

1,121,078

Total assets less current liabilities

 

1,363,907

1,545,044

Creditors: Amounts falling due after more than one year

7

(30,502)

(40,000)

Provisions for liabilities

(1,597)

(1,597)

Net assets

 

1,331,808

1,503,447

Capital and reserves

 

Called up share capital

8

10

10

Capital redemption reserve

90

90

Profit and loss account

1,331,708

1,503,347

Total equity

 

1,331,808

1,503,447

 

Complete Care Services (Rossendale) Ltd

(Registration number: 03616793)
Balance Sheet as at 25 August 2022

For the financial period ending 25 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 November 2023
 

.........................................
A B MacDonald
Director

 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
19 Navigation Business Village
Navigation Way
Preston
Lancashire
PR2 2YP
England

These financial statements were authorised for issue by the director on 9 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, 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.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Short leasehold property

20% per annum straight line basis

Fixtures and fittings

25% per annum reducing balance basis

Office equipment

25% per annum reducing balance basis

Motor vehicles

25% per annum reducing balance basis

Plant and machinery

25% per annum reducing balance basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Over estimated useful life of 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 96 (2021 - 96).

4

Intangible assets

Goodwill
 £

Total
£

Cost

At 28 August 2021

887,648

887,648

At 25 August 2022

887,648

887,648

Amortisation

At 28 August 2021

506,164

506,164

Amortisation charge

44,382

44,382

At 25 August 2022

550,546

550,546

Net book value

At 25 August 2022

337,102

337,102

At 27 August 2021

381,484

381,484

 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

5

Tangible assets

Short leasehold property
£

Fixtures, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost

At 28 August 2021

78,789

224,134

19,633

3,623

326,179

Additions

-

1,068

-

-

1,068

At 25 August 2022

78,789

225,202

19,633

3,623

327,247

Depreciation

At 28 August 2021

61,312

200,282

19,446

2,657

283,697

Charge for the period

10,961

6,230

46

241

17,478

At 25 August 2022

72,273

206,512

19,492

2,898

301,175

Net book value

At 25 August 2022

6,516

18,690

141

725

26,072

At 27 August 2021

17,477

23,852

187

966

42,482

 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

6

Debtors

2022
£

2021
£

Trade debtors

73,763

33,354

Other debtors

425,511

178,647

Prepayments

639,336

557,053

1,138,610

769,054

7

Creditors

Note

2022
£

2021
£

Due within one year

 

Loans and borrowings

9

10,000

10,000

Trade creditors

 

1,126

14,718

Taxation and social security

 

119,931

118,730

Accruals and deferred income

 

90,487

83,721

Other creditors

 

1,805

71,910

 

223,349

299,079

Note

2022
£

2021
£

Due after one year

 

Loans and borrowings

9

30,502

40,000

8

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary shares of £1 each

10

10

10

10

         
 

Complete Care Services (Rossendale) Ltd

Notes to the Unaudited Financial Statements for the Period from 28 August 2021 to 25 August 2022

9

Loans and borrowings

2022
£

2021
£

Non-current loans and borrowings

Bank borrowings

30,502

40,000

2022
£

2021
£

Current loans and borrowings

Bank borrowings

10,000

10,000

10

Related party transactions

Transactions with the director

2022

At 28 August 2021
£

Advances to director
£

Repayments by director
£

At 25 August 2022
£

Loans to director

178,647

425,512

(178,647)

425,512

         
       

 

2021

At 29 August 2020
£

Advances to director
£

Repayments by director
£

At 27 August 2021
£

Loans to director

324,413

178,647

(324,413)

178,647