Registered number
09579523
Louisa Homecare Limited
Accounts
For the Year Ended
31 May 2023
Oakensen
Chartered Accountants
Unit 2 Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
Louisa Homecare Limited
Registered number: 09579523
Balance Sheet
as at 31 May 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 2,705 3,452
Current assets
Debtors 4 27,668 33,925
Cash at bank 73,096 140,407
100,764 174,332
Creditors: amounts falling due within one year 5 (24,046) (23,150)
Net current assets 76,718 151,182
Total assets less current liabilities 79,423 154,634
Creditors: amounts falling due after more than one year 6 (27,423) (37,116)
Net assets 52,000 117,518
Capital and reserves
Called up share capital 100 100
Profit and loss account 51,900 117,418
Shareholders' funds 52,000 117,518
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L A McNeil
Director
Approved by the board on 13 November 2023
Louisa Homecare Limited
Notes to the Accounts
for the year ended 31 May 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 10 years
Debtors
Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price, which is usually the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 17 18
3 Tangible fixed assets
Equipment
£
Cost
At 1 June 2022 7,467
At 31 May 2023 7,467
Depreciation
At 1 June 2022 4,015
Charge for the year 747
At 31 May 2023 4,762
Net book value
At 31 May 2023 2,705
At 31 May 2022 3,452
4 Debtors 2023 2022
£ £
Trade debtors 11,942 27,851
Other debtors 15,726 6,074
27,668 33,925
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 7,978 7,782
Taxation and social security costs 1,867 12,343
Other creditors 14,201 3,025
24,046 23,150
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 17,275 25,253
Other creditors 10,148 11,863
27,423 37,116
7 Other information
Louisa Homecare Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 8 Ascot Court
Whitehorse Business Park
Trowbridge
Wiltshire
BA14 0XA
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