DAILY COMFORT HEALTHCARE LTD.

Company Registration Number:
10816819 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

DAILY COMFORT HEALTHCARE LTD.

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

DAILY COMFORT HEALTHCARE LTD.

Company Information

for the Period Ended 30 June 2023




Director: Damilola Oluwasegun OGUNLEYE
Abiola Olubusola OGUNLEYE
Registered office: White Building Studios
1-4 Cumberland Place
Southampton
Hampshire
England
SO15 2NP
Company Registration Number: 10816819 (England and Wales)

DAILY COMFORT HEALTHCARE LTD.

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

domiciliary care services and other human health activities

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Damilola Oluwasegun OGUNLEYE
Abiola Olubusola OGUNLEYE

This report was approved by the board of directors on 31 December 2023
And Signed On Behalf Of The Board By:

Name: Damilola Oluwasegun OGUNLEYE
Status: Director

Name: Abiola Olubusola OGUNLEYE
Status: Director

DAILY COMFORT HEALTHCARE LTD.

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£

2022
£
Turnover 870,467 202,108
Cost of sales ( 659,781 ) ( 158,387 )
Gross Profit or (Loss) 210,686 43,721
Administrative Expenses ( 95,438 ) ( 19,806 )
Operating Profit or (Loss) 115,248 23,915
Interest Payable and Similar Charges ( 85,087 ) -
Profit or (Loss) Before Tax 30,161 23,915
Tax on Profit ( 5,731 ) ( 4,544 )
Profit or (Loss) for Period 24,430 19,371

The notes form part of these financial statements

DAILY COMFORT HEALTHCARE LTD.

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 4,835 4,638
Total fixed assets: 4,835 4,638
Current assets
Cash at bank and in hand: 53,276 37,480
Total current assets: 53,276 37,480
Creditors: amounts falling due within one year: 6 ( 6,742 ) ( 5,544 )
Net current assets (liabilities): 46,534 31,936
Total assets less current liabilities: 51,369 36,574
Creditors: amounts falling due after more than one year: 7 ( 22,561 ) ( 30,196 )
Total net assets (liabilities): 28,808 6,378

The notes form part of these financial statements

DAILY COMFORT HEALTHCARE LTD.

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 28,708 6,278
Shareholders funds: 28,808 6,378

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 December 2023
And Signed On Behalf Of The Board By:

Name: Damilola Oluwasegun OGUNLEYE
Status: Director

Name: Abiola Olubusola OGUNLEYE
Status: Director

The notes form part of these financial statements

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
    Fixtures and Fittings 18% Reducing Balance
    Computer and Office Equipment 18% Reducing Balance

    Other accounting policies

    Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 32 11

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Dividends


2023
£

2022
£
Dividends paid 2,000 0

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 July 2022 2,723 3,542 6,265
Additions 183 1,076 1,259
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 June 2023 2,906 4,618 7,524
Depreciation
At 01 July 2022 892 735 1,627
Charge for year 363 699 1,062
On disposals - - -
Other adjustments - - -
At 30 June 2023 1,255 1,434 2,689
Net book value
At 30 June 2023 1,651 3,184 4,835
At 30 June 2022 1,831 2,807 4,638

Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 18% Reducing Balance
Office Equipment 18% Reducing Balance

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 5,731 4,544
Other creditors 1,011 1,000
Total 6,742 5,544

DAILY COMFORT HEALTHCARE LTD.

Notes to the Financial Statements

for the Period Ended 30 June 2023

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


2023
£

2022
£
Bank loans and overdrafts 22,561 30,196
Total 22,561 30,196