2022-07-01 2023-06-30 false Capium Accounts Production 1.1 11441475 bus:FullAccounts 2022-07-01 2023-06-30 11441475 bus:FRS102 2022-07-01 2023-06-30 11441475 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 11441475 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 11441475 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 11441475 2022-07-01 2023-06-30 11441475 2023-06-30 11441475 bus:RegisteredOffice 2022-07-01 2023-06-30 11441475 core:WithinOneYear 2023-06-30 11441475 core:AfterOneYear 2023-06-30 11441475 bus:Director1 2022-07-01 2023-06-30 11441475 bus:Director1 2023-06-30 11441475 bus:Director1 2021-07-01 2022-06-30 11441475 bus:Director2 2022-07-01 2023-06-30 11441475 bus:Director2 2023-06-30 11441475 bus:Director2 2021-07-01 2022-06-30 11441475 bus:Director3 2022-07-01 2023-06-30 11441475 bus:Director3 2023-06-30 11441475 bus:Director3 2021-07-01 2022-06-30 11441475 2021-07-01 11441475 bus:CompanySecretary1 2022-07-01 2023-06-30 11441475 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 11441475 2021-07-01 2022-06-30 11441475 2022-06-30 11441475 core:WithinOneYear 2022-06-30 11441475 core:AfterOneYear 2022-06-30 11441475 bus:EntityAccountantsOrAuditors 2021-07-01 2022-06-30 11441475 core:PlantMachinery 2022-07-01 2023-06-30 11441475 core:PlantMachinery 2023-06-30 11441475 core:PlantMachinery 2022-06-30 11441475 core:MotorCars 2022-07-01 2023-06-30 11441475 core:MotorCars 2023-06-30 11441475 core:MotorCars 2022-06-30 11441475 core:ComputerEquipment 2022-07-01 2023-06-30 11441475 core:ComputerEquipment 2023-06-30 11441475 core:ComputerEquipment 2022-06-30 11441475 core:InvestmentProperties 2022-07-01 2023-06-30 11441475 core:InvestmentProperties 2023-06-30 11441475 core:InvestmentProperties 2022-06-30 11441475 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 11441475 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-06-30 11441475 core:NetGoodwill 2022-07-01 2023-06-30 11441475 core:NetGoodwill 2023-06-30 11441475 core:NetGoodwill 2022-06-30 11441475 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 11441475 core:CostValuation core:Non-currentFinancialInstruments 2022-06-30 11441475 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-06-30 11441475 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 11441475 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 11441475 core:Non-currentFinancialInstruments 2023-06-30 11441475 core:Non-currentFinancialInstruments 2022-06-30 11441475 core:ShareCapital 2023-06-30 11441475 core:ShareCapital 2022-06-30 11441475 core:RetainedEarningsAccumulatedLosses 2023-06-30 11441475 core:RetainedEarningsAccumulatedLosses 2022-06-30 11441475 core:ShareCapitalOrdinaryShares 2022-07-01 11441475 core:ShareCapitalOrdinaryShares 2021-07-01 11441475 core:ShareCapitalOrdinaryShares 2022-07-01 2023-06-30 11441475 core:ShareCapitalOrdinaryShares 2021-07-01 2022-06-30 11441475 core:ShareCapitalOrdinaryShares 2023-06-30 11441475 core:ShareCapitalOrdinaryShares 2022-06-30 11441475 core:RetainedEarningsAccumulatedLosses 2022-07-01 11441475 core:RetainedEarningsAccumulatedLosses 2021-07-01 11441475 core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 11441475 core:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 11441475 core:RetainedEarningsAccumulatedLosses 2023-06-30 11441475 core:RetainedEarningsAccumulatedLosses 2022-06-30 11441475 dpl:Item1 2022-07-01 11441475 dpl:Item1 2023-06-30 11441475 dpl:Item1 2021-07-01 11441475 dpl:Item1 2022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11441475
England & Northern Ireland

 

 

 

DE VERE CARE PARTNERSHIP LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 July 2022

End date: 30 June 2023
Directors Lalita Cahoolessur
Neelesh Kumar
Sameer Sharma
Registered Number 11441475
Registered Office Unit 8A Bourne Court,
Southend Road
Woodford Green
Ilford
IG8 8HD
Accountants Business Accounting Services (Essex) Ltd
6 Barncroft Close
Highwoods
Colchester
CO4 9SF
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 30 June 2023.
Principal activities
Principal activity of the company during the financial year was of providing nursing care facilities.
Directors
The directors who served the company throughout the year were as follows:
Lalita Cahoolessur
Neelesh Kumar
Sameer Sharma
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Neelesh Kumar
Director

Date approved: 01 March 2024
2
Report to the directors on the preparation of the unaudited statutory accounts of De Vere Care Partnership Ltd for the year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of De Vere Care Partnership Ltd for the year ended 30 June 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of De Vere Care Partnership Ltd, as a body, in accordance with the terms of our engagement letter dated 01 March 2024 Our work has been undertaken solely to prepare for your approval the accounts of De Vere Care Partnership Ltd and state those matters that we have agreed to state to the Board of Directors of De Vere Care Partnership Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than De Vere Care Partnership Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that De Vere Care Partnership Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of De Vere Care Partnership Ltd. You consider that De Vere Care Partnership Ltd 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 accounts of De Vere Care Partnership Ltd. 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 accounts
30 June 2023



....................................................
Business Accounting Services (Essex) Ltd
6 Barncroft Close
Highwoods
Colchester
CO4 9SF
01 March 2024
3
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 3,737    29,414 
Tangible fixed assets 4 1,332,299    182,706 
1,336,036    212,120 
Current assets      
Cash at bank and in hand 215,920    768,589 
Creditors: amount falling due within one year 5 (357,225)   (314,226)
Net current liabilities (141,305)   454,363 
 
Total assets less current liabilities 1,194,731    666,483 
Net assets 1,194,731    666,483 
 

Capital and reserves
     
Called up share capital 3    3 
Profit and loss account 1,194,728    666,480 
Shareholder's funds 1,194,731    666,483 
 


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

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 01 March 2024 and were signed on its behalf by:


-------------------------------
Neelesh Kumar
Director
4
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 July 2021 3  404,660  404,663 
Profit for the year 310,320  310,320 
Total comprehensive income for the year 310,320  310,320 
Dividends (48,500) (48,500)
Total investments by and distributions to owners (48,500) (48,500)
At 30 June 2022 3  666,480  666,483 
At 01 July 2022 3  666,480  666,483 
Profit for the year 528,248  528,248 
Total comprehensive income for the year 528,248  528,248 
Total investments by and distributions to owners
At 30 June 2023 3  1,194,728  1,194,731 
5
General Information
De Vere Care Partnership Ltd is a private company, limited by shares, registered in England & Northern Ireland, registration number 11441475, registration address Unit 8A Bourne Court, , Southend Road, Woodford Green, Ilford, IG8 8HD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
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
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.
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:
Plant and Machinery 5 Straight Line
Computer Equipment 5 Straight Line
2.

Average number of employees

Average number of employees during the year was 425 (2022 : 365).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 July 2022 110,000    110,000 
Additions  
Disposals  
At 30 June 2023 110,000    110,000 
Amortisation
At 01 July 2022 80,586    80,586 
Charge for year 25,677    25,677 
On disposals  
At 30 June 2023 106,263    106,263 
Net book values
At 30 June 2023 3,737    3,737 
At 30 June 2022 29,414    29,414 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Investment properties   Total
  £   £   £   £   £
At 01 July 2022 1,200    133,092    75,972      210,264 
Additions   94,054      1,061,800    1,155,854 
Disposals        
At 30 June 2023 1,200    227,146    75,972    1,061,800    1,366,118 
Depreciation
At 01 July 2022 656    5,081    21,821      27,558 
Charge for year 41    3,639    2,581      6,261 
On disposals        
At 30 June 2023 697    8,720    24,402      33,819 
Net book values
Closing balance as at 30 June 2023 503    218,426    51,570    1,061,800    1,332,299 
Opening balance as at 01 July 2022 544    128,011    54,151      182,706 


5.

Creditors: amount falling due within one year

2023
£
  2022
£
Bank Loans & Overdrafts (Secured) 28,539    38,779 
Corporation Tax 140,050    63,811 
Accrued Expenses 5,600    3,600 
Deferred Grants 148,000    173,000 
Directors' Current Accounts 35,036    35,036 
357,225    314,226 

6