Combe Domiciliary Care Limited 11554681 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is home care support. Digita Accounts Production Advanced 6.30.9574.0 true 11554681 2022-10-01 2023-09-30 11554681 2023-09-30 11554681 bus:Director1 1 2023-09-30 11554681 core:RetainedEarningsAccumulatedLosses 2023-09-30 11554681 core:ShareCapital 2023-09-30 11554681 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-09-30 11554681 core:CurrentFinancialInstruments 2023-09-30 11554681 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 11554681 core:FurnitureFittingsToolsEquipment 2023-09-30 11554681 core:LandBuildings 2023-09-30 11554681 core:MotorVehicles 2023-09-30 11554681 bus:SmallEntities 2022-10-01 2023-09-30 11554681 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 11554681 bus:FullAccounts 2022-10-01 2023-09-30 11554681 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 11554681 bus:RegisteredOffice 2022-10-01 2023-09-30 11554681 bus:Director1 2022-10-01 2023-09-30 11554681 bus:Director1 1 2022-10-01 2023-09-30 11554681 bus:Director2 2022-10-01 2023-09-30 11554681 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11554681 core:FurnitureFittingsToolsEquipment 2022-10-01 2023-09-30 11554681 core:LandBuildings 2022-10-01 2023-09-30 11554681 core:MotorVehicles 2022-10-01 2023-09-30 11554681 core:OfficeEquipment 2022-10-01 2023-09-30 11554681 countries:EnglandWales 2022-10-01 2023-09-30 11554681 2022-09-30 11554681 bus:Director1 1 2022-09-30 11554681 core:FurnitureFittingsToolsEquipment 2022-09-30 11554681 core:LandBuildings 2022-09-30 11554681 core:MotorVehicles 2022-09-30 11554681 2021-10-01 2022-09-30 11554681 2022-09-30 11554681 bus:Director1 1 2022-09-30 11554681 core:RetainedEarningsAccumulatedLosses 2022-09-30 11554681 core:ShareCapital 2022-09-30 11554681 core:HirePurchaseContracts core:CurrentFinancialInstruments 2022-09-30 11554681 core:CurrentFinancialInstruments 2022-09-30 11554681 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 11554681 core:FurnitureFittingsToolsEquipment 2022-09-30 11554681 core:LandBuildings 2022-09-30 11554681 core:MotorVehicles 2022-09-30 11554681 bus:Director1 1 2021-10-01 2022-09-30 11554681 bus:Director1 1 2021-09-30 iso4217:GBP xbrli:pure

Company Registration number: 11554681

Combe Domiciliary Care Limited

Annual Report and Unaudited
Financial Statements


for the Year Ended 30 September 2023

 

Combe Domiciliary Care Limited

Contents

Pages

Balance sheet

1 to 2

Notes to the financial statements

3 to 8

 

Combe Domiciliary Care Limited

Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

63,866

65,499

Current assets

 

Stocks

5

13,089

11,268

Debtors

6

35,659

17,489

Cash at bank and in hand

 

27,119

15,229

 

75,867

43,986

Creditors: Amounts falling due within one year

7

(103,435)

(108,946)

Net current liabilities

 

(27,568)

(64,960)

Net assets

 

36,298

539

Capital and reserves

 

Called up share capital

100

100

Retained earnings

36,198

439

Shareholders' funds

 

36,298

539

 

Combe Domiciliary Care Limited

Balance Sheet as at 30 September 2023 (continued)

For the financial year ending 30 September 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.

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.

Company registration number: 11554681

Approved and authorised by the Board on 23 January 2024 and signed on its behalf by:
 

.........................................
Mrs L Giles
Director

.........................................
Mrs J Bushell
Director

 

Combe Domiciliary Care Limited

Notes to the financial statements for the Year Ended 30 September 2023

1

GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Dalmar House
Barras Lane Estate
Dalston
Carlisle
CA5 7NY

These financial statements were authorised for issue by the Board on 23 January 2024.

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 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 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.

The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

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.

 

Combe Domiciliary Care Limited

Notes to the financial statements for the Year Ended 30 September 2023 (continued)

2

ACCOUNTING POLICIES (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
 

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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.

No depreciation has been provided for the freehold property as this is kept in a sound state of repair and in the opinion of the directors the residual value is so high and the useful economic life so long that the depreciation charge would be immaterial. This is not in accordance with FRS 102 however this is required in order to give a true and fair view.

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Office equipment

33% straight line

 

Combe Domiciliary Care Limited

Notes to the financial statements for the Year Ended 30 September 2023 (continued)

2

ACCOUNTING POLICIES (continued)

Borrowings

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Combe Domiciliary Care Limited

Notes to the financial statements for the Year Ended 30 September 2023 (continued)

2

ACCOUNTING POLICIES (continued)

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
 Recognition and measurement
Basic financial instruments are initially recognised at the transaction price.
 Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3

STAFF NUMBERS

The average number of persons employed by the company (including directors) during the year, was 33 (2022 - 43).

4

TANGIBLE ASSETS

Land and buildings
£

Office equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2022

61,056

3,560

6,765

71,381

At 30 September 2023

61,056

3,560

6,765

71,381

Depreciation

At 1 October 2022

-

2,684

3,198

5,882

Charge for the year

-

742

891

1,633

At 30 September 2023

-

3,426

4,089

7,515

Carrying amount

At 30 September 2023

61,056

134

2,676

63,866

At 30 September 2022

61,056

876

3,567

65,499

Included within the net book value of land and buildings above is £61,056 (2022 - £61,056) in respect of freehold land and buildings.
 

 

Combe Domiciliary Care Limited

Notes to the financial statements for the Year Ended 30 September 2023 (continued)

5

STOCKS

2023
£

2022
£

Work in progress

13,089

11,268

6

DEBTORS

Current

2023
£

2022
£

Trade debtors

8,580

11,180

Other debtors

27,079

6,309

 

35,659

17,489

 

Combe Domiciliary Care Limited

Notes to the financial statements for the Year Ended 30 September 2023 (continued)

7

CREDITORS

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

8

-

3,740

Taxation and social security

 

42,942

29,075

Accruals and deferred income

 

15,011

13,350

Other creditors

 

45,482

62,781

 

103,435

108,946

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £nil (2022 - £3,740)

8

LOANS AND BORROWINGS

2023
£

2022
£

Current loans and borrowings

Hire purchase contracts

-

3,740

9

RELATED PARTY TRANSACTIONS

Transactions with directors

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Mrs L Giles

Directors loan account

6,308

27,078

(6,308)

27,078

         
       

 

2022

At 1 October 2021
£

Advances to director
£

At 30 September 2022
£

Mrs L Giles

Directors loan account

-

6,308

6,308