Silverfin false false 30/06/2023 01/07/2022 30/06/2023 Tracy Mason 16/06/2014 20 February 2024 The principal activity of the Company during the financial year continued to be that of the provision of care services to the elderly. SC480087 2023-06-30 SC480087 bus:Director1 2023-06-30 SC480087 2022-06-30 SC480087 core:CurrentFinancialInstruments 2023-06-30 SC480087 core:CurrentFinancialInstruments 2022-06-30 SC480087 core:Non-currentFinancialInstruments 2023-06-30 SC480087 core:Non-currentFinancialInstruments 2022-06-30 SC480087 core:ShareCapital 2023-06-30 SC480087 core:ShareCapital 2022-06-30 SC480087 core:RetainedEarningsAccumulatedLosses 2023-06-30 SC480087 core:RetainedEarningsAccumulatedLosses 2022-06-30 SC480087 core:PlantMachinery 2022-06-30 SC480087 core:Vehicles 2022-06-30 SC480087 core:PlantMachinery 2023-06-30 SC480087 core:Vehicles 2023-06-30 SC480087 2021-06-30 SC480087 bus:OrdinaryShareClass1 2023-06-30 SC480087 2022-07-01 2023-06-30 SC480087 bus:FilletedAccounts 2022-07-01 2023-06-30 SC480087 bus:SmallEntities 2022-07-01 2023-06-30 SC480087 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 SC480087 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 SC480087 bus:Director1 2022-07-01 2023-06-30 SC480087 core:PlantMachinery 2022-07-01 2023-06-30 SC480087 core:Vehicles 2022-07-01 2023-06-30 SC480087 2021-07-01 2022-06-30 SC480087 core:CurrentFinancialInstruments 2022-07-01 2023-06-30 SC480087 core:Non-currentFinancialInstruments 2022-07-01 2023-06-30 SC480087 1 2022-07-01 2023-06-30 SC480087 1 2021-07-01 2022-06-30 SC480087 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 SC480087 bus:OrdinaryShareClass1 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC480087 (Scotland)

UNICARE-HOMECARE LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH THE REGISTRAR

UNICARE-HOMECARE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023

Contents

UNICARE-HOMECARE LIMITED

BALANCE SHEET

AS AT 30 JUNE 2023
UNICARE-HOMECARE LIMITED

BALANCE SHEET (continued)

AS AT 30 JUNE 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 2,355 2,771
2,355 2,771
Current assets
Stocks 300 150
Debtors 4 143,159 103,612
143,459 103,762
Creditors: amounts falling due within one year 5 ( 125,380) ( 78,525)
Net current assets 18,079 25,237
Total assets less current liabilities 20,434 28,008
Creditors: amounts falling due after more than one year 6 ( 20,000) ( 28,000)
Provision for liabilities 7 ( 296) 0
Net assets 138 8
Capital and reserves
Called-up share capital 8 1 1
Profit and loss account 137 7
Total shareholder's funds 138 8

For the financial year ending 30 June 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Unicare-Homecare Limited (registered number: SC480087) were approved and authorised for issue by the Director on 20 February 2024. They were signed on its behalf by:

Tracy Mason
Director
UNICARE-HOMECARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023
UNICARE-HOMECARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Unicare-Homecare Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 13 Jeanfield Crescent, Forfar, DD8 1JR, United Kingdom. The principal place of business is 45 East High Street, Forfar, DD8 2EL, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Vehicles 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 37 38

3. Tangible assets

Plant and machinery Vehicles Total
£ £ £
Cost
At 01 July 2022 3,136 2,600 5,736
At 30 June 2023 3,136 2,600 5,736
Accumulated depreciation
At 01 July 2022 1,518 1,447 2,965
Charge for the financial year 243 173 416
At 30 June 2023 1,761 1,620 3,381
Net book value
At 30 June 2023 1,375 980 2,355
At 30 June 2022 1,618 1,153 2,771

4. Debtors

2023 2022
£ £
Trade debtors 111,193 74,620
Corporation tax 8,066 7,316
Other debtors 23,900 21,676
143,159 103,612

5. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans and overdrafts 46,799 17,720
Taxation and social security 61,953 43,943
Other creditors 16,628 16,862
125,380 78,525

There are no amounts included above in respect of which any security has been given by the small entity.

6. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 20,000 28,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Deferred tax

2023 2022
£ £
At the beginning of financial year 0 ( 815)
(Charged)/credited to the Statement of Income and Retained Earnings ( 296) 815
0 0
At the end of financial year ( 296) 0

8. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1