Company Registration No. 03622578 (England and Wales)
Caring Alternatives Limited
Unaudited accounts
for the year ended 30 November 2022
Caring Alternatives Limited
Unaudited accounts
Contents
Caring Alternatives Limited
Company Information
for the year ended 30 November 2022
Directors
MJE Swanson
L Taylor
Company Number
03622578 (England and Wales)
Registered Office
Office B7, Stanlaw Abbey Business Centre
Dover Drive
Ellesmere Port
CH65 9BF
Accountants
THE UNCOMMON ACCOUNTANTS LTD
Unit 2g, Redwither Tower
Redwither Business Park
Wrexham
LL13 9XT
Caring Alternatives Limited
Statement of financial position
as at 30 November 2022
Tangible assets
510,020
525,025
Cash at bank and in hand
218,327
171,785
Creditors: amounts falling due within one year
(157,803)
(145,905)
Net current assets
459,914
353,281
Total assets less current liabilities
969,934
878,306
Creditors: amounts falling due after more than one year
(213,826)
(241,878)
Net assets
756,108
636,428
Called up share capital
10,000
10,000
Revaluation reserve
322,776
322,776
Profit and loss account
423,332
303,652
Shareholders' funds
756,108
636,428
For the year ending 30 November 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by
L Taylor
Director
Company Registration No. 03622578
Caring Alternatives Limited
Notes to the Accounts
for the year ended 30 November 2022
Caring Alternatives Limited is a private company, limited by shares, registered in England and Wales, registration number 03622578. The registered office is Office B7, Stanlaw Abbey Business Centre, Dover Drive, Ellesmere Port, CH65 9BF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
On a revaluation basis
Plant & machinery
20% on a reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 1 December 2021
117,500
At 30 November 2022
117,500
At 1 December 2021
117,500
At 30 November 2022
117,500
Caring Alternatives Limited
Notes to the Accounts
for the year ended 30 November 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 December 2021
450,000
382,227
832,227
At 30 November 2022
450,000
382,227
832,227
At 1 December 2021
-
307,202
307,202
Charge for the year
-
15,005
15,005
At 30 November 2022
-
322,207
322,207
At 30 November 2022
450,000
60,020
510,020
At 30 November 2021
450,000
75,025
525,025
Amounts falling due within one year
Trade debtors
191,130
132,187
Amounts due from group undertakings etc.
193,661
193,661
Other debtors
14,599
1,553
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
27,593
26,667
Trade creditors
35,846
36,670
Taxes and social security
61,159
61,786
Other creditors
3,280
2,050
Loans from directors
69
69
Deferred income
28,536
17,343
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Creditors: amounts falling due after more than one year
2022
2021
Bank loans
213,826
241,878
Aggregate of amounts that fall due for payment after five years
114,531
136,679
There is a legal and general charge registered in favour of Abbey National plc secured on all assets of the company.
There is a debenture registered in favour of HSBC plc secured as a fixed and floating charge over all assets of the company.
Caring Alternatives Limited
Notes to the Accounts
for the year ended 30 November 2022
Included in 'Other Debtors' is a loan to a director of £10,700 (2021: £nil).
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Average number of employees
During the year the average number of employees was 64 (2021: 64).