NEW CARE GROUP HOLDINGS LIMITED

Company Registration Number:
12346297 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

NEW CARE GROUP HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

NEW CARE GROUP HOLDINGS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 20 20
Total fixed assets: 20 20
Current assets
Creditors: amounts falling due within one year: 4 (1,500) (1,500)
Net current assets (liabilities): (1,500) (1,500)
Total assets less current liabilities: (1,480) (1,480)
Creditors: amounts falling due after more than one year: 5 (147,831) (147,831)
Total net assets (liabilities): (149,311) (149,311)
Capital and reserves
Called up share capital: 20 20
Profit and loss account: (149,331) (149,331)
Shareholders funds: (149,311) (149,311)

The notes form part of these financial statements

NEW CARE GROUP HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 November 2023
and signed on behalf of the board by:

Name: Mr D R Foran
Status: Director

The notes form part of these financial statements

NEW CARE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Investments In SubsidiariesInvestments in subsidiary undertakings are recognised at cost. TaxationTaxation 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 taxDeferred 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. Going concernThe company's financial statements for the year ended 31 March 2023 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have reasonable expectation that the company has adequate resources and support to continue in operational existence for the foreseeable future.

NEW CARE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 5 6

NEW CARE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Fixed investments

CostAt 1 April 2022 and 31 March 2023: £20Net Book ValueAt 31 March 2023: £20 (2022: £20)

NEW CARE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Accrued expenses 2023: £1,500 (2022: £1,500)

NEW CARE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due after more than one year note

Amounts owed to related parties 2023: £147,831 (2022: £147,831)Related Party DisclosuresThe company has taken advantage of the exemption conferred by section 1A of FRS102 not to disclose transactions with wholly owned member of the group headed by New Care Group Holdings Limited. As at 31 March 2023, included within amounts owed to related parties is £147,831 (2022: £147,831) due to a company related by common control and directorship

NEW CARE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Related party transactions