Registered number |
Chartered Accountants and Statutory Auditors |
Company Information |
Director |
Auditors |
Prime |
161 Newhall Street |
Birmingham |
B3 1SW |
Registered office |
23 Calthorpe Road |
Edgbaston |
Birmingham |
B15 1RP |
Registered number |
Registered number: | |||||||
Director's Report | |||||||
The director presents his report and accounts for the year ended |
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Principal activities | |||||||
Directors | |||||||
The following persons served as directors during the year: | |||||||
(Resigned 12 April 2023) | |||||||
Statement of Director's Responsibilities | |||||||
The director is responsible for preparing the financial statements in accordance with applicable law and regulations. | |||||||
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 of the surplus or deficit of the company for that period. | |||||||
● | select suitable accounting policies and then apply them consistently; | ||||||
● | make judgements and estimates that are reasonable and prudent; | ||||||
● | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. | ||||||
The director is 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 him to ensure that the accounts comply with the Companies Act 2006. He is 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. |
Auditor | |||||||
The auditor, Prime, is deemed to be reappointed under section487(2) of the Companies Act 2006. | |||||||
Disclosure of information to auditors |
The director confirms that: | |||||||
● | so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and | ||||||
● | he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information. |
Small company provisions | |||||||
This report was approved by the board on |
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N Nathani | |||||||
Director | |||||||
Independent auditors' report | ||
to the members of Macc Care Group Limited | ||
Opinion | ||
We have audited the financial statements of Macc Care Group Limited ('the company') for the year ended 30 September 2023 which comprise the profit and loss account, the balance sheet, the Statement of Changes in Equity and the notes to the financial statements , including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). | ||
In our opinion the financial statements: | ||
● | give a true and fair view of the state of the company's affairs as at 30 September 2023 and of its profit for the year then ended; | |
● | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and | |
● | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis of opinion | ||
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. |
Conclusions relating to going concern | ||
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. | ||
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue | ||
Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report. | ||
The director is responsible for the other information. The other information comprises the information in the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon. | ||
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. | ||
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this or other information, we are required to report the fact. | ||
We have nothing to report in this regard. | ||
Opinions on other matters prescribed by the Companies Act 2006 | ||
In our opinion, based on the work undertaken in the course of the audit: | ||
● | the information given in the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and | |
● | the Report of the Director has been prepared in accordance with applicable legal requirements. | |
the information given in the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and | ||
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: | ||
● | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or | |
● | the financial statements are not in agreement with the accounting records and returns; or | |
● | certain disclosures of directors’ remuneration specified by law are not made; or | |
● | we have not received all the information and explanations we require for our audit. | |
● | the director was not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Director. | |
Responsibilities of director | ||
As explained more fully in the Statement of Director Responsibilities, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. | ||
In preparing the financial statements, the director is responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so. | ||
Auditor’s responsibilities for the audit of the financial statements | ||
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. | ||
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: | ||
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: | ||
● | the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; | |
● | we identified the laws and regulations applicable to the company through discussions with the director and other management, and from our commercial knowledge and experience of the industry sector; | |
● | we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation; | |
● | we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; | |
We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: | ||
● | making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and | |
● | considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. | |
To address the risk of fraud through management bias and override of controls, we: | ||
● | performed analytical procedures to identify any unusual or unexpected relationships; | |
● | tested journal entries to identify unusual transactions; | |
● | assessed whether judgements and assumptions made in determining accounting estimates were indicative of potential bias; and | |
● | investigated the rationale behind significant or unusual transactions. | |
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: | ||
● | agreeing financial statement disclosures to underlying supporting documentation | |
● | enquiring of management as to actual and potential litigation and claims; and | |
● | reviewing correspondence with HMRC and other relevant parties. | |
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. | ||
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. | ||
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors. |
Use of our report | ||
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Report of Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. | ||
(Senior Statutory Auditor) | 161 Newhall Street | |
for and on behalf of | Birmingham | |
B3 1SW | ||
Accountants and Statutory Auditors | ||
Profit and Loss Account | ||||||||
for the year ended |
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Notes | 2023 | 2022 | ||||||
£ | £ | |||||||
Administrative expenses | ( |
- | ||||||
Operating loss | ( |
- | ||||||
Profit on the disposal of investments | - | |||||||
Income from investments | - | |||||||
Profit on ordinary activities before taxation | - | |||||||
Tax on profit on ordinary activities | - | - | ||||||
Profit for the financial year | - | |||||||
The notes form part of these financial statements | ||||||||
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2023 | 2022 | |||||
£ | £ | £ | £ | ||||
Fixed assets | |||||||
Investment property | - | - | |||||
Investments | 3 | ||||||
Current assets | |||||||
Debtors | 4 | ||||||
Creditors: amounts falling due within one year | 5 | ( |
( |
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Net current assets/(liabilities) | ( |
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Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | - | ||||||
Shareholders' funds | |||||||
N Nathani | |||||||
Director | |||||||
Approved by the board on |
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The notes form part of these financial statements | |||||||
Statement of Changes in Equity | ||||||||
for the year ended |
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Share | Profit | Total | ||||||
capital | and loss | |||||||
account | ||||||||
£ | £ | £ | ||||||
At 1 October 2021 | - | |||||||
At 30 September 2022 | 10 | - | 10 | |||||
At 1 October 2022 | - | |||||||
Profit for the financial year | ||||||||
Dividends | ( |
( |
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Shares issued | ||||||||
At 30 September 2023 | ||||||||
Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound. | ||||||||
Investments | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
2 | Employees | 2023 | 2022 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Fixed asset investments | |||||||
Investments in | ||||||||
subsidiary | ||||||||
undertakings | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 October 2022 | 26 | |||||||
Additions | 1 | |||||||
Disposals | (26) | |||||||
At 30 September 2023 | 1 | |||||||
The company holds 20% or more of the share capital of the following companies: | ||||||||
Company | Class | Registered Office | Held Directly | Held Indirectly | ||||
% | % | |||||||
Macc Care Group Midco Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Group Holding Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Group Services Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Willenhall) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Austin Rose) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Homes Limited | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Lichfield) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties(Stafford) Ltd | Ordinary | The Lodge, Castle Bromwich Hall, Chester Road, Castle Bromwich, West Midlands, B36 9DE. | 100 | |||||
Macc Care Properties (Solihull) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Marsh Hill) Property Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Marsh Hill) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Boldmere) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Orchard) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Kidderminster) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties ( Blythe Valley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Shirley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Studley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (LB) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Moira) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Hall Green) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Freeholds Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Melton Road) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Wyrley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Perdiswell) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Hall Green) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Moira) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Studley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Blythe Valley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Lichfield) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (LB) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Leighton Buzzard) Ltd | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | ||||||
Macc Care Developments (Shirley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Rubery) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Kidderminster) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Lichfield) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Shirley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Boldmere) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Perdiswell) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Wyrley) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Melton Road) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Brownhills) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Brownhills) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Austin Rose Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Stafford Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Solihull Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Solihull) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Willenhall Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Developments (Boldmere) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Blythe Valley Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Studley Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (SHS) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care (Watermead) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Bilbrook) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Holdco (Redditch) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Redditch) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Wigston) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Holdco (Burton) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Burton) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Holdco (Lincoln) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Lincoln) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Holdco (Stourbridge) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Stourbridge) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Holdco (Silkmore) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
Macc Care Properties (Silkmore) Ltd | Ordinary | 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | 100 | |||||
4 | Debtors | 2023 | 2022 | |||||
£ | £ | |||||||
Amounts owed by group undertakings | ||||||||
5 | Creditors: amounts falling due within one year | 2023 | 2022 | |||||
£ | £ | |||||||
Obligations under finance lease and hire purchase contracts | - | |||||||
Trade creditors | - | |||||||
Amounts due to connected company | 68,700 | - | ||||||
Directors loans | ||||||||
6 | Controlling party | |||||||
The ultimate holding company is Macc Care Topco Limited whose registered office is at 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP | ||||||||
The company is under the control of Dr N Nathani. | ||||||||
7 | Other information | |||||||
Macc Care Group Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
23 Calthorpe Road | ||||||||
Edgbaston | ||||||||
Birmingham | ||||||||
B15 1RP | ||||||||
The company is exempt from preparing consolidated financial statements as it is included in a larger group. | ||||||||
The smallest and largest group for which Group financial statements are prepared is Macc Care Topco Limited and Group financial statements can be obtained from their address. |