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REGISTERED NUMBER: SC257954 (Scotland)















Unaudited Financial Statements for the Year Ended 5 April 2023

for

Care Homes (Scotland) Ltd.

Care Homes (Scotland) Ltd. (Registered number: SC257954)






Contents of the Financial Statements
for the Year Ended 5 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Care Homes (Scotland) Ltd.

Company Information
for the Year Ended 5 April 2023







DIRECTORS: T Oswal
Ms S Oswal
S Oswal
Ms S Oswal
Ms S Oswal





SECRETARY: Mrs R Oswal





REGISTERED OFFICE: 5 Witchwood Grove
Newton Mearns
Glasgow
G77 6GS





REGISTERED NUMBER: SC257954 (Scotland)





ACCOUNTANTS: NKA Chartered Certified Accountants
4 Lynedoch Place
Glasgow
G3 6AB

Care Homes (Scotland) Ltd. (Registered number: SC257954)

Balance Sheet
5 April 2023

5.4.23 5.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,918,252 4,046,061

CURRENT ASSETS
Stocks 1,650 2,790
Debtors 5 30,947 57,159
Cash at bank 653,552 397,059
686,149 457,008
CREDITORS
Amounts falling due within one year 6 423,451 544,368
NET CURRENT ASSETS/(LIABILITIES) 262,698 (87,360 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,180,950

3,958,701

CREDITORS
Amounts falling due after more than one
year

7

(155,000

)

(155,000

)

PROVISIONS FOR LIABILITIES (358,432 ) (358,432 )
NET ASSETS 3,667,518 3,445,269

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Revaluation reserve 9 3,150,953 3,150,953
Retained earnings 9 515,565 293,316
SHAREHOLDERS' FUNDS 3,667,518 3,445,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Care Homes (Scotland) Ltd. (Registered number: SC257954)

Balance Sheet - continued
5 April 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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:





T Oswal - Director


Care Homes (Scotland) Ltd. (Registered number: SC257954)

Notes to the Financial Statements
for the Year Ended 5 April 2023

1. STATUTORY INFORMATION

Care Homes (Scotland) Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation 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 tax
Deferred 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 77 (2022 - 80 ) .

Care Homes (Scotland) Ltd. (Registered number: SC257954)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 6 April 2022
and 5 April 2023 5,280,418 1,090,803 6,371,221
DEPRECIATION
At 6 April 2022 1,355,498 969,662 2,325,160
Charge for year 105,608 22,201 127,809
At 5 April 2023 1,461,106 991,863 2,452,969
NET BOOK VALUE
At 5 April 2023 3,819,312 98,940 3,918,252
At 5 April 2022 3,924,920 121,141 4,046,061

5. DEBTORS
5.4.23 5.4.22
£    £   
Amounts falling due within one year:
Trade debtors 29,882 55,796
Other debtors 915 1,363
30,797 57,159

Amounts falling due after more than one year:
Amounts owed by group undertakings 150 -

Aggregate amounts 30,947 57,159

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.23 5.4.22
£    £   
Trade creditors 2,968 35,709
Tax 81,839 169,944
Social security and other taxes 33,053 26,887
Creditors-Resident per funds 158,776 142,972
Directors' current accounts 144,815 144,815
Accruals and deferred income - 15,362
Other creditors
and accrued charges 2,000 8,679
423,451 544,368

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.23 5.4.22
£    £   
Directors' loan accounts 155,000 155,000

Care Homes (Scotland) Ltd. (Registered number: SC257954)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 5.4.23 5.4.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 6 April 2022 293,316 3,150,953 3,444,269
Profit for the year 242,249 242,249
Dividends (20,000 ) (20,000 )
At 5 April 2023 515,565 3,150,953 3,666,518