Registered number
04730878
North Warren Care Limited
Filleted Accounts
3 months to
30 June 2023
North Warren Care Limited
Registered number: 04730878
Balance Sheet
as at 30 June 2023
Notes 30/6/23 31/3/23
£ £
Fixed assets
Tangible assets 3 6,511 6,945
Current assets
Debtors 4 102,681 353,156
Cash at bank and in hand 138,910 126,455
241,591 479,611
Creditors: amounts falling due within one year 5 (87,264) (55,092)
#NAME? 154,327 424,519
Total assets less current liabilities 160,838 431,464
Provisions for liabilities (1,628) (1,320)
#NAME? 159,210 430,144
Capital and reserves
Called up share capital 2 2
Profit and loss account 159,208 430,142
Shareholders' funds 159,210 430,144
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs A Barlow
Director
Approved by the board on 30 November 2023
North Warren Care Limited
Notes to the Accounts
for the period from 1 April 2023 to 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor Vehicles 25% reducing balance
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
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.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 30/6/23 31/3/23
Number Number
Average number of persons employed by the company 28 26
3 Tangible fixed assets
Motor Vehicles Plant and machinery etc Fixture, Fittings & Equipment Total
£ £ £ £
Cost
At 1 April 2023 9,000 3,367 26,677 39,044
At 30 June 2023 9,000 3,367 26,677 39,044
Depreciation
At 1 April 2023 4,637 2,915 24,547 32,099
Charge for the period 273 27 134 434
At 30 June 2023 4,910 2,942 24,681 32,533
Net book value
At 30 June 2023 4,090 425 1,996 6,511
At 31 March 2023 4,363 452 2,130 6,945
4 Debtors 30/6/23 31/3/23
£ £
Trade debtors 16,348 5,823
Other debtors 86,333 347,333
102,681 353,156
5 Creditors: amounts falling due within one year 30/6/23 31/3/23
£ £
Trade creditors 4,537 27,187
Taxation and social security costs 29,652 25,382
Other creditors 53,075 2,523
87,264 55,092
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr M Bedward (Resigned 16 June 2023)
Loan from (to) director (repaid 16 June 2023) 129,093 23,408 (152,501) -
Mrs S Bedward ( Resigned 16 June 2023)
Loan from (to) director (repaid 16 June 2023) 129,092 23,407 (152,499) -
258,185 46,815 (305,000) -
7 Controlling party
The ultimate control of the business lies with Mr B Ajzenkol, Mrs A Barlow, Mr N Bond & Mr A Lawrence.
8 Other information
North Warren Care Limited is a private company limited by shares and incorporated in England. Its registered office is:
63 Haslucks Green Road
Shirley
Solihull
B90 2ED
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