Allendale Care Holdings Limited 13907003 false 2022-02-10 2023-02-28 2023-02-28 The principal activity of the company is holding company. Digita Accounts Production Advanced 6.30.9574.0 true 13907003 2022-02-10 2023-02-28 13907003 2023-02-28 13907003 core:ShareCapital 2023-02-28 13907003 core:CurrentFinancialInstruments 2023-02-28 13907003 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13907003 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 13907003 core:LandBuildings 2023-02-28 13907003 bus:SmallEntities 2022-02-10 2023-02-28 13907003 bus:AuditExemptWithAccountantsReport 2022-02-10 2023-02-28 13907003 bus:FullAccounts 2022-02-10 2023-02-28 13907003 bus:SmallCompaniesRegimeForAccounts 2022-02-10 2023-02-28 13907003 bus:RegisteredOffice 2022-02-10 2023-02-28 13907003 bus:Director1 2022-02-10 2023-02-28 13907003 bus:Director2 2022-02-10 2023-02-28 13907003 bus:PrivateLimitedCompanyLtd 2022-02-10 2023-02-28 13907003 core:LandBuildings 2022-02-10 2023-02-28 13907003 countries:EnglandWales 2022-02-10 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 13907003

Allendale Care Holdings Limited

Unaudited Financial Statements

for the Period from 10 February 2022 to 28 February 2023

 

Allendale Care Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Allendale Care Holdings Limited

Company Information

Directors

M Anderson

L Anderson

Registered office

11 Milehouse Lane
Newcastle
Staffordshire
ST5 9JR

Accountants

Alextra Group Limited
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

 

Allendale Care Holdings Limited

(Registration number: 13907003)
Balance Sheet as at 28 February 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

1,554,145

Current assets

 

Debtors

5

38,895

Cash at bank and in hand

 

13,786

 

52,681

Creditors: Amounts falling due within one year

6

(405,950)

Net current liabilities

 

(353,269)

Total assets less current liabilities

 

1,200,876

Creditors: Amounts falling due after more than one year

6

(1,200,875)

Net assets

 

1

Capital and reserves

 

Called up share capital

1

Shareholders' funds

 

1

For the financial period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 10 November 2023 and signed on its behalf by:
 

.........................................
L Anderson
Director

 

Allendale Care Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 28 February 2023

1

General information

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

The address of its registered office is:
11 Milehouse Lane
Newcastle
Staffordshire
ST5 9JR
UK

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.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

 

Allendale Care Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 28 February 2023

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

Freehold Property

not depreciated

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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

1,554,145

1,554,145

At 28 February 2023

1,554,145

1,554,145

Depreciation

Carrying amount

At 28 February 2023

1,554,145

1,554,145

Included within the net book value of land and buildings above is £1,554,145 in respect of freehold land and buildings.
 

 

Allendale Care Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 28 February 2023

5

Debtors

Current

2023
£

Other debtors

38,895

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Loans and borrowings

93,015

Owed by/(from) group undertakings

312,935

405,950

2023
£

Current loans and borrowings

Other borrowings

93,015

Creditors: amounts falling due after more than one year

2023
£

Due after one year

Loans and borrowings

1,200,875