1 March 2022 false Taxfiler 2023.10.1 4842024business:PrivateLimitedCompanyLtd2022-03-012023-02-28 48420242022-02-28 48420242022-03-012023-02-28 4842024business:AuditExemptWithAccountantsReport2022-03-012023-02-28 4842024business:FilletedAccounts2022-03-012023-02-28 48420242023-02-28 4842024business:Director12022-03-012023-02-28 4842024business:CompanySecretary12022-03-012023-02-28 4842024business:RegisteredOffice2022-03-012023-02-28 48420242022-02-28 4842024core:WithinOneYear2023-02-28 4842024core:WithinOneYear2022-02-28 4842024core:AfterOneYear2023-02-28 4842024core:AfterOneYear2022-02-28 4842024core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 4842024core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 4842024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 4842024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 4842024core:PreviouslyStatedAmount2023-02-28 4842024core:PreviouslyStatedAmount2022-02-28 4842024business:SmallEntities2022-03-012023-02-28 4842024countries:EnglandWales2022-03-012023-02-28 4842024core:PlantMachinery2022-03-012023-02-28 4842024core:FurnitureFittings2022-03-012023-02-28 4842024core:LandBuildings2022-02-28 4842024core:PlantMachinery2022-02-28 4842024core:FurnitureFittings2022-02-28 4842024core:LandBuildings2022-03-012023-02-28 4842024core:LandBuildings2023-02-28 4842024core:PlantMachinery2023-02-28 4842024core:FurnitureFittings2023-02-28 4842024core:AcceleratedTaxDepreciationDeferredTax2023-02-28 4842024core:AcceleratedTaxDepreciationDeferredTax2022-02-28 48420242021-02-27 48420242021-02-282022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 4842024 (England and Wales)
FINEST CARE LIMITED Unaudited accounts for the year ended 28 February 2023
FINEST CARE LIMITED Unaudited accounts Contents
Page
- 2 -
FINEST CARE LIMITED Company Information for the year ended 28 February 2023
Director
Mr Hardeep Gill
Secretary
Mrs. Sukhjit Gill
Company Number
4842024 (England and Wales)
Registered Office
37 Allennby Road Southall Middlesex UB1 2EY
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
- 3 -
FINEST CARE LIMITED Accountants' report
Accountants' report to the director of FINEST CARE LIMITED on the preparation of the unaudited statutory accounts for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FINEST CARE LIMITED for the year ended 28 February 2023 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of FINEST CARE LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of FINEST CARE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FINEST CARE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FINEST CARE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of FINEST CARE LIMITED. You consider that FINEST CARE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of FINEST CARE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA 21 November 2023
- 4 -
FINEST CARE LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
722,460 
724,350 
Current assets
Debtors
110,385 
77,665 
Cash at bank and in hand
158,117 
215,635 
268,502 
293,300 
Creditors: amounts falling due within one year
(104,089)
(116,605)
Net current assets
164,413 
176,695 
Total assets less current liabilities
886,873 
901,045 
Creditors: amounts falling due after more than one year
(34,820)
(72,642)
Provisions for liabilities
Deferred tax
(2,283)
(1,286)
Net assets
849,770 
827,117 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
849,768 
827,115 
Shareholders' funds
849,770 
827,117 
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 November 2023 and were signed on its behalf by
Mr Hardeep Gill Director Company Registration No. 4842024
- 5 -
FINEST CARE LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
FINEST CARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4842024. The registered office is 37 Allennby Road, Southall, Middlesex, UB1 2EY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Fixtures & fittings
25% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
The company only enters into basic financial instrument 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.
- 6 -
FINEST CARE LIMITED Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
678,239 
80,479 
14,578 
773,296 
Additions
- 
219 
6,977 
7,196 
At 28 February 2023
678,239 
80,698 
21,555 
780,492 
Depreciation
At 1 March 2022
- 
42,821 
6,125 
48,946 
Charge for the year
- 
5,676 
3,410 
9,086 
At 28 February 2023
- 
48,497 
9,535 
58,032 
Net book value
At 28 February 2023
678,239 
32,201 
12,020 
722,460 
At 28 February 2022
678,239 
37,658 
8,453 
724,350 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
110,385 
77,665 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
30,247 
31,307 
Taxes and social security
33,491 
47,046 
Other creditors
35,843 
34,433 
Accruals
4,508 
3,819 
104,089 
116,605 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,820 
72,642 
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
2,283 
1,286 
2023 
2022 
£ 
£ 
Provision at start of year
1,286 
1,409 
Charged/(credited) to the profit and loss account
997 
(123)
Provision at end of year
2,283 
1,286 
- 7 -
FINEST CARE LIMITED Notes to the Accounts for the year ended 28 February 2023
9
Average number of employees
During the year the average number of employees was 40 (2022: 34).
- 8 -