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REGISTERED NUMBER: 10014404 (England and Wales)



Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Luu-Bridgets Healthcare Limited

Luu-Bridgets Healthcare Limited (Registered number: 10014404)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 5

Statement of Director's Responsibilities 8

Independent Certified Accountants' Review Report 9


Luu-Bridgets Healthcare Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr Paul Osita EMEKWUE





REGISTERED OFFICE: 7 The Vilage
Charlton
London
SE7 8UG





REGISTERED NUMBER: 10014404 (England and Wales)





ACCOUNTANTS: Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Report of the Director
for the Year Ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Social work activities without accommodation for the elderly and disabled , and other social work activities without accommodation not elsewhere classified

DIRECTOR
Mr Paul Osita EMEKWUE held office during the whole of the period from 1 April 2023 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

31.3.24 1.4.23
Ordinary shares of £1 each 1 1

He did not hold any non-beneficial interests in the shares of the company.

POLITICAL DONATIONS AND EXPENDITURE
During the year the company made charitable donations up to 10,696.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr Paul Osita EMEKWUE - Director


7 August 2024

Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
ASSETS

FIXED ASSETS
Property, plant and equipment 4 84,867 93,707
Investments 5 500,683 500,683
585,550 594,390

CURRENT ASSETS
Debtors 6 735,249 263,452
Cash at bank 975,148 1,004,586
1,710,397 1,268,038
2,295,947 1,862,428

CAPITAL, RESERVES AND LIABILITIES

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7 1,794,901 1,408,468
SHAREHOLDERS' FUNDS 1,794,902 1,408,469

CREDITORS 8 501,045 453,959
2,295,947 1,862,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2024 and were signed by:





Mr Paul Osita EMEKWUE - Director


Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Luu-Bridgets Healthcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 156 (2023 - 157 ) .

Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 216,547
Additions 41,228
At 31 March 2024 257,775
DEPRECIATION
At 1 April 2023 122,840
Charge for year 50,068
At 31 March 2024 172,908
NET BOOK VALUE
At 31 March 2024 84,867
At 31 March 2023 93,707

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 April 2023
and 31 March 2024 500,683
NET BOOK VALUE
At 31 March 2024 500,683
At 31 March 2023 500,683

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Lullingstone Properties Ltd 734,000 235,000
The Quickened - 28,451
Amounts receivable in respect of hire
purchase contracts

849

1
Other debtors 400 -
735,249 263,452

Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. RESERVES
Retained
earnings
£   

At 1 April 2023 1,408,468
Profit for the year 436,433
Dividends (50,000 )
At 31 March 2024 1,794,901

8. CREDITORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade creditors 100,240 102,979
Directors Loan 26,256 32,010
Corporation Tax Payable 85,267 153,586
VAT Due 12,096 14,809
Nest Pension 12,232 2,815
Social security and other taxes 54,282 (62,912 )
290,373 243,287

Amounts falling due after more than one year:
Bounced Back Loan (328 ) (328 )
Mortgage 211,000 211,000
210,672 210,672

Aggregate amounts 501,045 453,959

Luu-Bridgets Healthcare Limited (Registered number: 10014404)

Statement of Director's Responsibilities
for the Year Ended 31 March 2024


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

The director is responsible for preparing the Report of the Director and 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 director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting 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 financial statements 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.







Mr Paul Osita EMEKWUE - Director

7 August 2024

Independent Certified Accountants' Review Report to the Director of
Luu-Bridgets Healthcare Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

We have reviewed the financial statements of Luu-Bridgets Healthcare Limited for the year ended 31 March 2024, which comprise the Statement of Income and Retained Earnings, Balance Sheet and 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 (United Kingdom Generally Accepted Accounting Practice).

Director's responsibility for the financial statements
As explained more fully in the Statement of Director's Responsibilities set out on page eight, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility
Our responsibility is to express a conclusion on the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), 'Engagements to review historical financial statements' and ICAEW Technical Release TECH 09/13AAF (Revised) 'Assurance review engagements on historical financial statements'. ISRE 2400 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared, in all material respects, in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ISRE 2400 (Revised) also requires us to comply with the ICAEW Code of Ethics and the FRC's Ethical Standard, as applicable.

Scope of the assurance review
A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures, primarily consisting of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK). Accordingly, we do not express an audit opinion on these financial statements.

Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

- so as to give a true and fair view of the state of the company's affairs as at 31 March 2024 and of its profit for the year then ended;
- in accordance with United Kingdom Generally Accepted Accounting Practice; and
- in accordance with the requirements of the Companies Act 2006.

Use of our report
This report is made solely to the company's director in accordance with our terms of engagement. Our review has been undertaken so that we might state to the director those matters that we have agreed with him in a reviewer's report 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 director for our work, for this report, or for the conclusions we have formed.




Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road

Independent Certified Accountants' Review Report to the Director of
Luu-Bridgets Healthcare Limited

Barking
Essex
IG11 7BZ


7 August 2024