2022-04-012023-03-312023-03-31false07504701KINGSMITH CARE LTD2023-11-2886900iso4217:GBPxbrli:pure075047012022-04-01075047012023-03-31075047012022-04-012023-03-31075047012021-04-01075047012022-03-31075047012021-04-012022-03-3107504701bus:SmallEntities2022-04-012023-03-3107504701bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3107504701bus:AbridgedAccounts2022-04-012023-03-3107504701bus:PrivateLimitedCompanyLtd2022-04-012023-03-3107504701core:WithinOneYear2023-03-3107504701core:AfterOneYear2023-03-3107504701core:WithinOneYear2022-03-3107504701core:AfterOneYear2022-03-3107504701core:ShareCapital2023-03-3107504701core:SharePremium2023-03-3107504701core:RevaluationReserve2023-03-3107504701core:OtherReservesSubtotal2023-03-3107504701core:RetainedEarningsAccumulatedLosses2023-03-3107504701core:ShareCapital2022-03-3107504701core:SharePremium2022-03-3107504701core:RevaluationReserve2022-03-3107504701core:OtherReservesSubtotal2022-03-3107504701core:RetainedEarningsAccumulatedLosses2022-03-3107504701core:LandBuildings2023-03-3107504701core:PlantMachinery2023-03-3107504701core:Vehicles2023-03-3107504701core:FurnitureFittings2023-03-3107504701core:OfficeEquipment2023-03-3107504701core:NetGoodwill2023-03-3107504701core:IntangibleAssetsOtherThanGoodwill2023-03-3107504701core:ListedExchangeTraded2023-03-3107504701core:UnlistedNon-exchangeTraded2023-03-3107504701core:LandBuildings2022-03-3107504701core:PlantMachinery2022-03-3107504701core:Vehicles2022-03-3107504701core:FurnitureFittings2022-03-3107504701core:OfficeEquipment2022-03-3107504701core:NetGoodwill2022-03-3107504701core:IntangibleAssetsOtherThanGoodwill2022-03-3107504701core:ListedExchangeTraded2022-03-3107504701core:UnlistedNon-exchangeTraded2022-03-3107504701core:LandBuildings2022-04-012023-03-3107504701core:PlantMachinery2022-04-012023-03-3107504701core:Vehicles2022-04-012023-03-3107504701core:FurnitureFittings2022-04-012023-03-3107504701core:OfficeEquipment2022-04-012023-03-3107504701core:NetGoodwill2022-04-012023-03-3107504701core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107504701core:ListedExchangeTraded2022-04-012023-03-3107504701core:UnlistedNon-exchangeTraded2022-04-012023-03-3107504701core:MoreThanFiveYears2022-04-012023-03-3107504701core:Non-currentFinancialInstruments2023-03-3107504701core:Non-currentFinancialInstruments2022-03-3107504701dpl:CostSales2022-04-012023-03-3107504701dpl:DistributionCosts2022-04-012023-03-3107504701core:LandBuildings2022-04-012023-03-3107504701core:PlantMachinery2022-04-012023-03-3107504701core:Vehicles2022-04-012023-03-3107504701core:FurnitureFittings2022-04-012023-03-3107504701core:OfficeEquipment2022-04-012023-03-3107504701dpl:AdministrativeExpenses2022-04-012023-03-3107504701core:NetGoodwill2022-04-012023-03-3107504701core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107504701dpl:GroupUndertakings2022-04-012023-03-3107504701dpl:ParticipatingInterests2022-04-012023-03-3107504701dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107504701core:ListedExchangeTraded2022-04-012023-03-3107504701dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107504701core:UnlistedNon-exchangeTraded2022-04-012023-03-3107504701dpl:CostSales2021-04-012022-03-3107504701dpl:DistributionCosts2021-04-012022-03-3107504701core:LandBuildings2021-04-012022-03-3107504701core:PlantMachinery2021-04-012022-03-3107504701core:Vehicles2021-04-012022-03-3107504701core:FurnitureFittings2021-04-012022-03-3107504701core:OfficeEquipment2021-04-012022-03-3107504701dpl:AdministrativeExpenses2021-04-012022-03-3107504701core:NetGoodwill2021-04-012022-03-3107504701core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3107504701dpl:GroupUndertakings2021-04-012022-03-3107504701dpl:ParticipatingInterests2021-04-012022-03-3107504701dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3107504701core:ListedExchangeTraded2021-04-012022-03-3107504701dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3107504701core:UnlistedNon-exchangeTraded2021-04-012022-03-3107504701core:NetGoodwill2023-03-3107504701core:IntangibleAssetsOtherThanGoodwill2023-03-3107504701core:LandBuildings2023-03-3107504701core:PlantMachinery2023-03-3107504701core:Vehicles2023-03-3107504701core:FurnitureFittings2023-03-3107504701core:OfficeEquipment2023-03-3107504701core:AfterOneYear2023-03-3107504701core:WithinOneYear2023-03-3107504701core:ListedExchangeTraded2023-03-3107504701core:UnlistedNon-exchangeTraded2023-03-3107504701core:ShareCapital2023-03-3107504701core:SharePremium2023-03-3107504701core:RevaluationReserve2023-03-3107504701core:OtherReservesSubtotal2023-03-3107504701core:RetainedEarningsAccumulatedLosses2023-03-3107504701core:NetGoodwill2022-03-3107504701core:IntangibleAssetsOtherThanGoodwill2022-03-3107504701core:LandBuildings2022-03-3107504701core:PlantMachinery2022-03-3107504701core:Vehicles2022-03-3107504701core:FurnitureFittings2022-03-3107504701core:OfficeEquipment2022-03-3107504701core:AfterOneYear2022-03-3107504701core:WithinOneYear2022-03-3107504701core:Liste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KINGSMITH CARE LTD

Registered Number
07504701
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

KINGSMITH CARE LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

KING, Emma Louise
SMITH, Lee Franklynn

Registered Address

Bishop Creighton House
347 - 380 Lillie Road
London
SW6 7PH

Registered Number

07504701 (England and Wales)
KINGSMITH CARE LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets5-7,765
Tangible assets64,2195,566
4,21913,331
Current assets
Debtors889,03176,610
Cash at bank and on hand17,96345,284
106,994121,894
Creditors amounts falling due within one year9(73,643)(97,762)
Net current assets (liabilities)33,35124,132
Total assets less current liabilities37,57037,463
Provisions for liabilities-(3,010)
Net assets37,57034,453
Capital and reserves
Called up share capital22
Profit and loss account37,56834,451
Shareholders' funds37,57034,453
The financial statements were approved and authorised for issue by the Board of Directors on 28 November 2023, and are signed on its behalf by:
SMITH, Lee Franklynn
Director
Registered Company No. 07504701
KINGSMITH CARE LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets on a straight line basis.

Straight line (years)
Plant and machinery5
Fixtures and fittings5
Vehicles5
Office Equipment3
Intangible assets policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Government grants and other government assistance policy
Grants relating to other expenditure are credited to the profit and loss account in the period the related expenditure is recognised.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
4.Employee information

20232022
Average number of employees during the year3439
5.Intangible assets

Total

£
Cost or valuation
At 01 April 228,890
Disposals(8,890)
Amortisation and impairment
At 01 April 221,126
On disposals(1,126)
Net book value
At 31 March 23-
At 31 March 227,765
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 2217,976
Additions1,229
At 31 March 2319,205
Depreciation and impairment
At 01 April 2212,411
Charge for year2,575
At 31 March 2314,987
Net book value
At 31 March 234,219
At 31 March 225,566
7.Dividends proposed and payable

2023

2022

££
Dividends Paid153,011235,010
Total153,011235,010
8.Debtors

2023

2022

££
Trade debtors / trade receivables66,89355,840
Other debtors20,88819,648
Prepayments and accrued income1,2501,122
Total89,03176,610
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables10114,087
Bank borrowings and overdrafts33,80530,240
Taxation and social security36,12149,955
Other creditors3,6163,480
Total73,64397,762
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.