Botany House Limited 04879605 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the operation of nursing homes Digita Accounts Production Advanced 6.30.9574.0 true 04879605 2023-01-01 2023-12-31 04879605 2023-12-31 04879605 bus:Director1 1 2023-12-31 04879605 bus:Director2 1 2023-12-31 04879605 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-12-31 04879605 core:RetainedEarningsAccumulatedLosses 2023-12-31 04879605 core:ShareCapital 2023-12-31 04879605 core:CurrentFinancialInstruments 2023-12-31 04879605 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04879605 core:Goodwill 2023-12-31 04879605 core:FurnitureFittings 2023-12-31 04879605 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 04879605 core:MotorVehicles 2023-12-31 04879605 bus:SmallEntities 2023-01-01 2023-12-31 04879605 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04879605 bus:FullAccounts 2023-01-01 2023-12-31 04879605 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04879605 bus:RegisteredOffice 2023-01-01 2023-12-31 04879605 bus:Director1 2023-01-01 2023-12-31 04879605 bus:Director1 1 2023-01-01 2023-12-31 04879605 bus:Director2 2023-01-01 2023-12-31 04879605 bus:Director2 1 2023-01-01 2023-12-31 04879605 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-01-01 2023-12-31 04879605 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04879605 core:Goodwill 2023-01-01 2023-12-31 04879605 core:FurnitureFittings 2023-01-01 2023-12-31 04879605 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04879605 core:LeaseholdImprovements 2023-01-01 2023-12-31 04879605 core:MotorVehicles 2023-01-01 2023-12-31 04879605 countries:EnglandWales 2023-01-01 2023-12-31 04879605 2022-12-31 04879605 bus:Director1 1 2022-12-31 04879605 bus:Director2 1 2022-12-31 04879605 core:Goodwill 2022-12-31 04879605 core:FurnitureFittings 2022-12-31 04879605 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 04879605 core:MotorVehicles 2022-12-31 04879605 2022-01-01 2022-12-31 04879605 2022-12-31 04879605 bus:Director1 1 2022-12-31 04879605 bus:Director2 1 2022-12-31 04879605 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-12-31 04879605 core:RetainedEarningsAccumulatedLosses 2022-12-31 04879605 core:ShareCapital 2022-12-31 04879605 core:CurrentFinancialInstruments 2022-12-31 04879605 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 04879605 core:Goodwill 2022-12-31 04879605 core:FurnitureFittings 2022-12-31 04879605 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 04879605 core:MotorVehicles 2022-12-31 04879605 bus:Director1 1 2022-01-01 2022-12-31 04879605 bus:Director2 1 2022-01-01 2022-12-31 04879605 bus:Director1 1 2021-12-31 04879605 bus:Director2 1 2021-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04879605

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Company Information

Directors

Mrs J S Lane

Mr M Lane

Registered office

1 - 3 Chester Road
Neston
Cheshire
CH64 9PA

Accountants

Phillip Bates and Co Limited
Chartered Accountants
1 - 3 Chester Road
Neston
Cheshire
CH64 9PA

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

(Registration number: 04879605)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

1

1

Tangible assets

5

141,467

137,806

 

141,468

137,807

Current assets

 

Debtors

6

504,500

425,345

Cash at bank and in hand

 

275,059

231,354

 

779,559

656,699

Creditors: Amounts falling due within one year

7

(173,396)

(77,078)

Net current assets

 

606,163

579,621

Total assets less current liabilities

 

747,631

717,428

Provisions for liabilities

(20,717)

(17,495)

Net assets

 

726,914

699,933

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

726,814

699,833

Shareholders' funds

 

726,914

699,933

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 February 2024 and signed on its behalf by:
 

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

(Registration number: 04879605)
Balance Sheet as at 31 December 2023

.........................................
Mr M Lane
Director

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 - 3 Chester Road
Neston
Cheshire
CH64 9PA
United Kingdom

The principal place of business is:
285B Manchester Road
Burnley
Lancashire
BB11 4HL

These financial statements were authorised for issue by the Board on 20 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Fixtures and fittings

20% reducing balance

Leasehold improvements

10% straight line basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

over 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 37 (2022 - 39).

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2023

60,000

60,000

At 31 December 2023

60,000

60,000

Amortisation

At 1 January 2023

59,999

59,999

At 31 December 2023

59,999

59,999

Carrying amount

At 31 December 2023

1

1

At 31 December 2022

1

1

5

Tangible assets

Leasehold improvements
£

Fixtures and fittings
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 January 2023

92,250

219,882

17,160

329,292

Additions

-

37,419

-

37,419

Disposals

-

(12,538)

-

(12,538)

At 31 December 2023

92,250

244,763

17,160

354,173

Depreciation

At 1 January 2023

24,425

156,336

10,725

191,486

Charge for the year

9,225

19,391

1,609

30,225

Eliminated on disposal

-

(9,005)

-

(9,005)

At 31 December 2023

33,650

166,722

12,334

212,706

Carrying amount

At 31 December 2023

58,600

78,041

4,826

141,467

At 31 December 2022

67,825

63,546

6,435

137,806

 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

6

Debtors

Current

2023
£

2022
£

Trade debtors

61,516

18,856

Prepayments

2,273

-

Other debtors

440,711

406,489

 

504,500

425,345

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

34,523

3,962

Taxation and social security

126,569

65,415

Accruals and deferred income

8,740

5,000

Other creditors

3,564

2,701

173,396

77,078

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

         
 

Botany House Limited

trading as Jalna and Danesmoor Care Homes

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

9

Related party transactions

Transactions with directors

2023

At 1 January 2023
£

Advances to director
£

At 31 December 2023
£

Mr M Lane

Director's loan account

135,891

2,041

137,931

       
     

Mrs J S Lane

Directors loan account

135,891

2,041

137,931

       
     

 

2022

At 1 January 2022
£

Advances to director
£

Repayments by director
£

At 31 December 2022
£

Mr M Lane

Director's loan account

129,158

10,000

(3,267)

135,891

         
       

Mrs J S Lane

Directors loan account

129,158

10,000

(3,267)

135,891