Southlands Court Care Homes Limited 06449264 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is Provide residential care for elderly and disabled Digita Accounts Production Advanced 6.30.9574.0 true true 06449264 2022-04-01 2023-03-31 06449264 2023-03-31 06449264 bus:OrdinaryShareClass1 2023-03-31 06449264 core:CurrentFinancialInstruments 2023-03-31 06449264 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06449264 core:LandBuildings 2023-03-31 06449264 core:OtherPropertyPlantEquipment 2023-03-31 06449264 bus:SmallEntities 2022-04-01 2023-03-31 06449264 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06449264 bus:AbridgedAccounts 2022-04-01 2023-03-31 06449264 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06449264 bus:RegisteredOffice 2022-04-01 2023-03-31 06449264 bus:Director1 2022-04-01 2023-03-31 06449264 bus:Director9 2022-04-01 2023-03-31 06449264 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 06449264 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06449264 core:Goodwill 2022-04-01 2023-03-31 06449264 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 06449264 core:LandBuildings 2022-04-01 2023-03-31 06449264 core:LeaseholdImprovements 2022-04-01 2023-03-31 06449264 core:OfficeEquipment 2022-04-01 2023-03-31 06449264 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 06449264 core:PlantMachinery 2022-04-01 2023-03-31 06449264 countries:AllCountries 2022-04-01 2023-03-31 06449264 2022-03-31 06449264 core:LandBuildings 2022-03-31 06449264 core:OtherPropertyPlantEquipment 2022-03-31 06449264 2021-04-01 2022-03-31 06449264 2022-03-31 06449264 bus:OrdinaryShareClass1 2022-03-31 06449264 core:CurrentFinancialInstruments 2022-03-31 06449264 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 06449264 core:LandBuildings 2022-03-31 06449264 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06449264

Southlands Court Care Homes Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2023

 

Southlands Court Care Homes Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 7

 

Southlands Court Care Homes Limited

Company Information

Directors

Dr Alan Jumaily

Dr Raed Jumaily

Registered office

Charles Rippin & Turner
Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

Accountants

Charles Rippin & Turner
Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

 

Southlands Court Care Homes Limited

(Registration number: 06449264)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

54,344

67,463

Current assets

 

Debtors

5

62,059

445,799

Cash at bank and in hand

 

159,799

288,969

 

221,858

734,768

Creditors: Amounts falling due within one year

-

(442,054)

Net current assets

 

221,858

292,714

Total assets less current liabilities

 

276,202

360,177

Provisions for liabilities

(8,951)

(8,951)

Accruals and deferred income

 

(4,040)

(4,040)

Net assets

 

263,211

347,186

Capital and reserves

 

Called up share capital

6

1,000

1,000

Retained earnings

262,211

346,186

Shareholders' funds

 

263,211

347,186

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Southlands Court Care Homes Limited

(Registration number: 06449264)
Abridged Balance Sheet as at 31 March 2023

Approved and authorised by the Board on 21 December 2023 and signed on its behalf by:
 

.........................................
Dr Alan Jumaily
Director

.........................................
Dr Raed Jumaily
Director

 

Southlands Court Care Homes Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in United kingdom.

The address of its registered office is:
Charles Rippin & Turner
Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

These financial statements were authorised for issue by the Board on 21 December 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Southlands Court Care Homes Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Short leasehold

Over the term of the lease

Plant and machinery

25% on reducing balance

Fixtures and fittings

25% on reducing balance

Computer equipment

25% on reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Straight line - over ten years.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Southlands Court Care Homes Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 45 (2022 - 45).

4

Tangible assets

Land and buildings
£

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2022

28,898

78,916

107,814

At 31 March 2023

28,898

78,916

107,814

Depreciation

At 1 April 2022

20,148

20,203

40,351

Charge for the year

1,700

11,419

13,119

At 31 March 2023

21,848

31,622

53,470

Carrying amount

At 31 March 2023

7,050

47,294

54,344

At 31 March 2022

8,750

58,713

67,463

Included within the net book value of land and buildings above is £7,050 (2022 - £8,750) in respect of short leasehold land and buildings.
 

 

Southlands Court Care Homes Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

5

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share capital of £10 each

100

1,000

100

1,000