IRIS Accounts Production v23.3.1.45 07571603 director 1.7.22 30.6.23 30.6.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075716032022-06-30075716032023-06-30075716032022-07-012023-06-30075716032021-06-30075716032021-07-012022-06-30075716032022-06-3007571603ns10:Originalns15:EnglandWales2022-07-012023-06-3007571603ns14:PoundSterlingns10:Original2022-07-012023-06-3007571603ns10:Originalns10:Director12022-07-012023-06-3007571603ns10:Original2022-07-012023-06-3007571603ns10:Original2023-06-3007571603ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3007571603ns10:Originalns10:SmallEntities2022-07-012023-06-3007571603ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3007571603ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3007571603ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3007571603ns10:Originalns10:FullAccounts2022-07-012023-06-3007571603ns10:Original12022-07-012023-06-3007571603ns10:Original2022-06-3007571603ns10:Originalns5:CurrentFinancialInstruments2023-06-3007571603ns10:Originalns5:CurrentFinancialInstruments2022-06-3007571603ns5:ShareCapitalns10:Original2023-06-3007571603ns5:ShareCapitalns10:Original2022-06-3007571603ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3007571603ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3007571603ns10:Originalns10:RegisteredOffice2022-07-012023-06-3007571603ns10:Originalns5:NetGoodwill2022-07-012023-06-3007571603ns10:Originalns5:PlantMachinery2022-07-012023-06-3007571603ns10:Original2021-07-012022-06-3007571603ns10:Originalns5:NetGoodwill2022-06-3007571603ns10:Originalns5:NetGoodwill2023-06-3007571603ns10:Originalns5:NetGoodwill2022-06-3007571603ns10:Originalns5:PlantMachinery2022-06-3007571603ns10:Originalns5:PlantMachinery2023-06-3007571603ns10:Originalns5:PlantMachinery2022-06-3007571603ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3007571603ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 07571603 (England and Wales)



















WOODLAND RESIDENTIAL CARE HOME LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






WOODLAND RESIDENTIAL CARE HOME LIMITED (REGISTERED NUMBER: 07571603)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


WOODLAND RESIDENTIAL CARE HOME LIMITED (REGISTERED NUMBER: 07571603)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 77,507 87,507
Tangible assets 5 183,635 195,924
261,142 283,431

CURRENT ASSETS
Debtors 6 573,757 536,818
Cash at bank 164,922 146,382
738,679 683,200
CREDITORS
Amounts falling due within one year 7 303,538 361,184
NET CURRENT ASSETS 435,141 322,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

696,283

605,447

PROVISIONS FOR LIABILITIES 36,373 35,796
NET ASSETS 659,910 569,651

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 659,810 569,551
SHAREHOLDERS' FUNDS 659,910 569,651

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

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

The director acknowledges his 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.

The 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 February 2024 and were signed by:




Mr J Singh - Director


WOODLAND RESIDENTIAL CARE HOME LIMITED (REGISTERED NUMBER: 07571603)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Woodland Residential Care Home Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07571603

Registered office: 71 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The director has a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover
Turnover is measured at the fair value of the residential placement income received or receivable, with reference to period of occupancy, and excludes 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 twenty years.

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 - 10% on reducing balance

WOODLAND RESIDENTIAL CARE HOME LIMITED (REGISTERED NUMBER: 07571603)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 42 (2022 - 45 ) .

WOODLAND RESIDENTIAL CARE HOME LIMITED (REGISTERED NUMBER: 07571603)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 200,000
AMORTISATION
At 1 July 2022 112,493
Amortisation for year 10,000
At 30 June 2023 122,493
NET BOOK VALUE
At 30 June 2023 77,507
At 30 June 2022 87,507

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2022 372,143
Additions 7,879
At 30 June 2023 380,022
DEPRECIATION
At 1 July 2022 176,219
Charge for year 20,168
At 30 June 2023 196,387
NET BOOK VALUE
At 30 June 2023 183,635
At 30 June 2022 195,924

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,390
Other debtors 573,757 535,428
573,757 536,818

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 14,625 16,220
Amounts owed to group undertakings 142 540
Taxation and social security 93,491 105,037
Other creditors 195,280 239,387
303,538 361,184

WOODLAND RESIDENTIAL CARE HOME LIMITED (REGISTERED NUMBER: 07571603)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

8. SECURED DEBTS

The parent company, Jeeves Holdings Limited, holds a secured debt which contains a fixed and floating charge over the assets of Woodland Residential Care Home Limited.

9. RELATED PARTY DISCLOSURES

J Singh
Company director.

At the balance sheet date, the company owed the director £157,311 (2022 - £375).

Jeeves Care Homes Limited
A company in which the director is also a director.

At the balance sheet date, the amount due from the related party was £487,245 (2022 - £427,745).

Jeeves Care Homes (Coventry) Limited
A company in which the director is also a director and shareholder.

At the balance sheet date, the amount owed to the related party was £nil (2022 - £11,950).

Jeeves Holdings (Nottingham) Limited
A company in which the director is also a director and shareholder.

At the balance sheet date, the amount due from the related party was £8,000 (2022 - £8,000).

Jeeves Care Group Limited
A company in which the director is also a director and shareholder.

At the balance sheet date, the amount due from the related party was £71,877 (2022 - £98,078).

A.N.I. Health Care Services Limited
A company in which the director is also a director.

At the balance sheet date, the amount owed to the related party was £nil (2022 - £29,867).

Jeeves Properties Limited
A company in which the director is also a director and shareholder.

At the balance sheet date, the amount owed to the related party was £nil (2022 - £155,925).

10. ULTIMATE PARENT COMPANY

The ultimate parent company of Woodland Residential Care Home Limited is Jeeves Holdings Limited which is incorporated in England and Wales.

The registered office of the ultimate parent company is 71 Knowl Piece, Wilbury Way, Hitchin, Hertfordshire, SG4 0TY.

The parent company, Jeeves Holdings Limited has not prepared group as it is exempted from requirements to do so by Section 398 of the Companies Act 2006. The company meets the qualifying conditions for a small sized group as laid down in section 398 of the Act.