Company Registration No. 03286133 (England and Wales)
KAY CARE SERVICES LTD
Unaudited accounts
for the year ended 30 April 2024
KAY CARE SERVICES LTD
Unaudited accounts
Contents
KAY CARE SERVICES LTD
Company Information
for the year ended 30 April 2024
Directors
P Burns
A Burns
A M Willaimson
Company Number
03286133 (England and Wales)
Registered Office
1 Jesmond Business Court,
217 Jesmond Road
Newcastle
NE2 1LA
United Kingdom
Accountants
G W Accountants Ltd
1 Jesmond Business Court
217 Jesmond Road
Newcastle upon Tyne
NE2 1LA
KAY CARE SERVICES LTD
Statement of financial position
as at 30 April 2024
Tangible assets
1,007,026
1,017,378
Cash at bank and in hand
951,337
724,427
Creditors: amounts falling due within one year
(666,914)
(516,680)
Net current assets
816,115
463,291
Total assets less current liabilities
1,823,141
1,480,669
Provisions for liabilities
Deferred tax
(19,777)
(19,500)
Net assets
1,803,364
1,461,169
Called up share capital
101,305
101,305
Profit and loss account
1,702,059
1,359,864
Shareholders' funds
1,803,364
1,461,169
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2024 and were signed on its behalf by
P Burns
Director
Company Registration No. 03286133
KAY CARE SERVICES LTD
Notes to the Accounts
for the year ended 30 April 2024
KAY CARE SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 03286133. The registered office is 1 Jesmond Business Court,, 217 Jesmond Road, Newcastle, NE2 1LA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% on cost
Plant & machinery
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
50% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Payments to a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the proceeds are received or receivable. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognsed as a liability
KAY CARE SERVICES LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
976,907
47,007
175,842
31,432
1,231,188
Additions
-
4,510
20,857
3,339
28,706
At 30 April 2024
976,907
51,517
196,699
34,771
1,259,894
At 1 May 2023
68,382
25,125
91,456
28,847
213,810
Charge for the year
9,769
5,279
21,048
2,962
39,058
At 30 April 2024
78,151
30,404
112,504
31,809
252,868
At 30 April 2024
898,756
21,113
84,195
2,962
1,007,026
At 30 April 2023
908,525
21,882
84,386
2,585
1,017,378
Amounts falling due within one year
Trade debtors
388,819
56,085
Amounts due from group undertakings etc.
-
(4,050)
Accrued income and prepayments
142,873
203,359
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
50,536
39,888
Taxes and social security
294,215
244,665
Other creditors
216,740
227,337
Loans from directors
-
(15,363)
7
Operating lease commitments
2024
2023
At 30 April 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
9,702
16,632
Later than one year and not later than five years
-
9,702
KAY CARE SERVICES LTD
Notes to the Accounts
for the year ended 30 April 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
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Transactions with related parties
Mr A M Williamson is also a director of G W Accountants Limited which supplies accountancy services at normal commercial rates.
No other transactions require to be disclosed.
The ultimate parent company is Kay Care Services Group Limited. The registered office is 89 West Road, Newcastle upon Tyne, NE15 6PR
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Average number of employees
During the year the average number of employees was 169 (2023: 187).