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REGISTERED NUMBER: 11049334 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Dhyani Care Limited

Dhyani Care Limited (Registered number: 11049334)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dhyani Care Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mrs A Varsani





REGISTERED OFFICE: Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ





REGISTERED NUMBER: 11049334 (England and Wales)





ACCOUNTANTS: Berry & Company
Chartered Accountants
Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ

Dhyani Care Limited (Registered number: 11049334)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 105,701 111,301
Tangible assets 5 946,386 970,799
1,052,087 1,082,100

CURRENT ASSETS
Debtors 6 6,105 6,105
Cash at bank and in hand 211,920 157,939
218,025 164,044
CREDITORS
Amounts falling due within one year 7 210,538 232,735
NET CURRENT ASSETS/(LIABILITIES) 7,487 (68,691 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,059,574

1,013,409

CREDITORS
Amounts falling due after more than one
year

8

636,678

704,681
NET ASSETS 422,896 308,728

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 422,895 308,727
SHAREHOLDERS' FUNDS 422,896 308,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Dhyani Care Limited (Registered number: 11049334)

Balance Sheet - continued
30 November 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 19 July 2024 and were signed by:





Mrs A Varsani - Director


Dhyani Care Limited (Registered number: 11049334)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Dhyani Care 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.

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


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.

Income recognition
Turnover represents the fair value of consideration received or receivable derived from the rendering of residential care services during the year for the elderly and disabled (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twenty four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 10% on cost

Financial instruments
The company enters into basic financial instruments 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.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 balance sheet date.

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.

Dhyani Care Limited (Registered number: 11049334)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 140,000
AMORTISATION
At 1 December 2022 28,699
Charge for year 5,600
At 30 November 2023 34,299
NET BOOK VALUE
At 30 November 2023 105,701
At 30 November 2022 111,301

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 845,758 306,526 1,152,284
Additions - 9,277 9,277
At 30 November 2023 845,758 315,803 1,161,561
DEPRECIATION
At 1 December 2022 44,660 136,825 181,485
Charge for year - 33,690 33,690
At 30 November 2023 44,660 170,515 215,175
NET BOOK VALUE
At 30 November 2023 801,098 145,288 946,386
At 30 November 2022 801,098 169,701 970,799

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - (3,000 )
Other debtors 6,105 9,105
6,105 6,105

Dhyani Care Limited (Registered number: 11049334)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 49,104 49,104
Trade creditors 16,547 15,328
Taxation and social security 84,842 37,255
Other creditors 60,045 131,048
210,538 232,735

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 609,167 677,170
Other creditors 27,511 27,511
636,678 704,681

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 401,329 469,332

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 658,271 726,274

The bank loan is secured by way of a first charge over the company's freehold property and by way of a personal guarantee, limited to £50,000, provided by the company's director.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A Varsani.