IRIS Accounts Production v23.3.1.45 06326414 director 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063264142022-06-30063264142023-06-30063264142022-07-012023-06-30063264142021-06-30063264142021-07-012022-06-30063264142022-06-3006326414ns10:Originalns15:EnglandWales2022-07-012023-06-3006326414ns14:PoundSterlingns10:Original2022-07-012023-06-3006326414ns10:Originalns10:Director12022-07-012023-06-3006326414ns10:Original2022-07-012023-06-3006326414ns10:Original2023-06-3006326414ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3006326414ns10:Originalns10:SmallEntities2022-07-012023-06-3006326414ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3006326414ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3006326414ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3006326414ns10:Originalns10:FullAccounts2022-07-012023-06-3006326414ns10:Original2022-06-3006326414ns10:Originalns5:CurrentFinancialInstruments2023-06-3006326414ns10:Originalns5:CurrentFinancialInstruments2022-06-3006326414ns10:Originalns5:Non-currentFinancialInstruments2023-06-3006326414ns10:Originalns5:Non-currentFinancialInstruments2022-06-3006326414ns5:ShareCapitalns10:Original2023-06-3006326414ns5:ShareCapitalns10:Original2022-06-3006326414ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3006326414ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3006326414ns10:Originalns10:RegisteredOffice2022-07-012023-06-3006326414ns10:Originalns5:PlantMachinery2022-07-012023-06-3006326414ns10:Original2021-07-012022-06-3006326414ns10:Originalns5:PlantMachinery2022-06-3006326414ns10:Originalns5:PlantMachinery2023-06-3006326414ns10:Originalns5:PlantMachinery2022-06-3006326414ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-06-3006326414ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-07-012023-06-3006326414ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3006326414ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-06-3006326414ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3006326414ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3006326414ns10:Originalns5:HirePurchaseContractsns5:WithinOneYear2023-06-3006326414ns10:Originalns5:HirePurchaseContractsns5:WithinOneYear2022-06-3006326414ns5:BetweenOneFiveYearsns10:Originalns5:HirePurchaseContracts2023-06-3006326414ns5:BetweenOneFiveYearsns10:Originalns5:HirePurchaseContracts2022-06-3006326414ns10:Originalns5:HirePurchaseContracts2023-06-3006326414ns10:Originalns5:HirePurchaseContracts2022-06-3006326414ns10:Originalns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3006326414ns10:Originalns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 06326414 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

ARUNDEL DOMICILIARY CARE SERVICES
LIMITED

ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)






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




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 92,569 82,940

CURRENT ASSETS
Debtors 6 1,518,220 1,504,808
Cash at bank and in hand 875,216 925,728
2,393,436 2,430,536
CREDITORS
Amounts falling due within one year 7 340,634 399,072
NET CURRENT ASSETS 2,052,802 2,031,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,145,371

2,114,404

CREDITORS
Amounts falling due after more than one
year

8

4,772

7,953
NET ASSETS 2,140,599 2,106,451

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,140,597 2,106,449
SHAREHOLDERS' FUNDS 2,140,599 2,106,451

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.

ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2024 and were signed by:





J C Hollywood - Director


ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)

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

1. STATUTORY INFORMATION

Arundel Domiciliary Care Services 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: 06326414

Registered office: Chancery House
3 Hatchlands Road
Redhill
RH1 6AA

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


All amounts in the financial statements have been rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The directors have considered the company's operating financial requirements for the forthcoming year and expect that the company will have sufficient cash reserves to meet those requirements and as a result they have prepared the accounts on the going concern basis.

Significant judgements and estimates
In preparing these financial statements, the directors have made the following judgements:

- Determine whether leases entered into by the company either as a lessor or a lessee are operating or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.
- Determine whether there are indicators of impairment of the company's tangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Other key sources of estimation uncertainty

- Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover
Turnover represents amounts chargeable in respect of the provision of care services to service users. Revenue is recognised when the service has been provided to the service user.

ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)

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

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 10% on cost

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Financial instruments are measured at cost and 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 profit and loss.

The company has no financial assets or financial liabilities measured at fair value but it does have external borrowings. The company is not exposed to any material risk arising from the interest rate benchmark reform as LIBOR is replaced with alternative benchmark interest rates.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Holiday pay accrual
A liability is recognised to the extent of any unused holiday pay entitlement which has accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary costs of the future holiday entitlement accrued at the balance sheet date.

Hire purchase and leasing
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 135 (2022 - 145 ) .

ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 174,787
Additions 38,621
Disposals (22,366 )
At 30 June 2023 191,042
DEPRECIATION
At 1 July 2022 91,847
Charge for year 20,753
Eliminated on disposal (14,127 )
At 30 June 2023 98,473
NET BOOK VALUE
At 30 June 2023 92,569
At 30 June 2022 82,940

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 31,409
DEPRECIATION
At 1 July 2022 11,288
Charge for year 5,030
At 30 June 2023 16,318
NET BOOK VALUE
At 30 June 2023 15,091
At 30 June 2022 20,121

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 66,175 166,456
Other debtors 1,452,045 1,338,352
1,518,220 1,504,808

ARUNDEL DOMICILIARY CARE SERVICES
LIMITED (REGISTERED NUMBER: 06326414)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 9) 3,181 3,181
Trade creditors 38,203 29,866
Taxation and social security 75,417 146,417
Other creditors 223,833 219,608
340,634 399,072

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts (see note 9) 4,772 7,953

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Gross obligations repayable:
Within one year 3,584 3,584
Between one and five years 5,376 8,960
8,960 12,544

Finance charges repayable:
Within one year 403 403
Between one and five years 604 1,007
1,007 1,410

Net obligations repayable:
Within one year 3,181 3,181
Between one and five years 4,772 7,953
7,953 11,134

The hire purchase liability is secured on the assets acquired.

Lease payments due under non-cancellable operating leases totalled £6,456 (2022: £10,145) at the balance sheet date.

10. CONTINGENT LIABILITIES

A cross guarantee is in place with Santander UK Plc to secure monies owed to it by Arundel Care Services Holdings Limited. As at 30 June 2023 the amounts due to the bank by Arundel Care Services Holdings Limited was £2,515,625.