IRIS Accounts Production v23.3.1.45 07645320 director 1.5.22 30.4.23 30.4.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076453202022-04-30076453202023-04-30076453202022-05-012023-04-30076453202021-04-30076453202021-05-012022-04-30076453202022-04-3007645320ns10:Originalns15:EnglandWales2022-05-012023-04-3007645320ns14:PoundSterlingns10:Original2022-05-012023-04-3007645320ns10:Originalns10:Director12022-05-012023-04-3007645320ns10:Original2022-05-012023-04-3007645320ns10:Original2023-04-3007645320ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3007645320ns10:Originalns10:SmallEntities2022-05-012023-04-3007645320ns10:Originalns10:AuditExemptWithAccountantsReport2022-05-012023-04-3007645320ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3007645320ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3007645320ns10:Originalns10:AbridgedAccounts2022-05-012023-04-3007645320ns10:Original12022-05-012023-04-3007645320ns10:Originalns10:RegisteredOffice2022-05-012023-04-3007645320ns10:Original2022-04-3007645320ns10:Originalns5:CurrentFinancialInstruments2023-04-3007645320ns10:Originalns5:CurrentFinancialInstruments2022-04-3007645320ns5:ShareCapitalns10:Original2023-04-3007645320ns5:ShareCapitalns10:Original2022-04-3007645320ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3007645320ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3007645320ns10:Originalns5:NetGoodwill2022-05-012023-04-3007645320ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-05-012023-04-3007645320ns10:Originalns5:PlantMachinery2022-05-012023-04-3007645320ns10:Original2021-05-012022-04-3007645320ns10:Original2022-04-3007645320ns10:Original1ns10:Director12022-04-3007645320ns10:Original1ns10:Director12021-04-3007645320ns10:Original1ns10:Director12022-05-012023-04-3007645320ns10:Original1ns10:Director12021-05-012022-04-3007645320ns10:Original1ns10:Director12023-04-3007645320ns10:Original1ns10:Director12022-04-30
REGISTERED NUMBER: 07645320 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Newport Residential Care Limited

Newport Residential Care Limited (Registered number: 07645320)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Newport Residential Care Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mrs V A Emsley





REGISTERED OFFICE: 2 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX





REGISTERED NUMBER: 07645320 (England and Wales)





ACCOUNTANTS: Rowdens Limited
Chartered Accountants
2 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX

Newport Residential Care Limited (Registered number: 07645320)

Abridged Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34,800 41,126
34,800 41,126

CURRENT ASSETS
Debtors 63,487 35,348
Cash at bank and in hand 243,990 244,194
307,477 279,542
CREDITORS
Amounts falling due within one year 73,160 49,959
NET CURRENT ASSETS 234,317 229,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

269,117

270,709

PROVISIONS FOR LIABILITIES 2,404 2,371
NET ASSETS 266,713 268,338

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 266,712 268,337
266,713 268,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Newport Residential Care Limited (Registered number: 07645320)

Abridged Balance Sheet - continued
30 April 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 1 February 2024 and were signed by:





Mrs V A Emsley - Director


Newport Residential Care Limited (Registered number: 07645320)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Newport Residential Care Limited is a private company, limited by shares , registered in England and Wales. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on cost and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 31 (2022 - 29 ) .

Newport Residential Care Limited (Registered number: 07645320)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022
and 30 April 2023 21,662
AMORTISATION
At 1 May 2022
and 30 April 2023 21,662
NET BOOK VALUE

At 30 April 2023 -
At 30 April 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022 96,757
Additions 1,333
At 30 April 2023 98,090
DEPRECIATION
At 1 May 2022 55,631
Charge for year 7,659
At 30 April 2023 63,290
NET BOOK VALUE
At 30 April 2023 34,800
At 30 April 2022 41,126

6. SECURED DEBTS

The company has granted a fixed and floating charge over the assets of the company to its bankers, Barclays.

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022:

2023 2022
£    £   
Mrs V A Emsley
Balance outstanding at start of year - 54,214
Amounts repaid - (54,214 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Newport Residential Care Limited (Registered number: 07645320)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

Interest on any overdrawn loan account at the month end was charged interest using HMRC approved interest rates.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Newport Residential Care Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Newport Residential Care Limited for the year ended 30 April 2023 which comprise the Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Newport Residential Care Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Newport Residential Care Limited and state those matters that we have agreed to state to the director of Newport Residential Care Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newport Residential Care Limited and its director for our work or for this report.

It is your duty to ensure that Newport Residential Care Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Newport Residential Care Limited. You consider that Newport Residential Care Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Newport Residential Care Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rowdens Limited
Chartered Accountants
2 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX


1 February 2024