Registered number
06043758
Capstone Care Provider Limited
Filleted Accounts
31 March 2024
Capstone Care Provider Limited
Registered number: 06043758
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,285 2,875
Current assets
Stocks 345 426
Debtors 4 95,279 78,966
Cash at bank and in hand 114,599 28,308
210,223 107,700
Creditors: amounts falling due within one year 5 (107,097) (67,290)
Net current assets 103,126 40,410
Total assets less current liabilities 109,411 43,285
Creditors: amounts falling due after more than one year 6 (11,666) (21,667)
Provisions for liabilities - (546)
Net assets 97,745 21,072
Capital and reserves
Called up share capital 2 1
Profit and loss account 97,743 21,071
Shareholders' funds 97,745 21,072
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr T Edinborough
Director
Approved by the board on 1 August 2024
Capstone Care Provider Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing balance
Motor vehicles 25% Reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 25 25
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2023 38,087 6,840 44,927
Additions 479 3,850 4,329
At 31 March 2024 38,566 10,690 49,256
Depreciation
At 1 April 2023 36,312 5,740 42,052
Charge for the year 563 356 919
At 31 March 2024 36,875 6,096 42,971
Net book value
At 31 March 2024 1,691 4,594 6,285
At 31 March 2023 1,775 1,100 2,875
4 Debtors 2024 2023
£ £
Trade debtors 93,926 76,625
Other debtors 1,353 2,341
95,279 78,966
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 3,197 966
Taxation and social security costs 60,132 20,310
Other creditors 33,768 36,014
107,097 67,290
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 11,666 21,667
7 Controlling party
The ultimate control of the company lies with Mr T Edinborough, as sole director and a shareholder.
8 Other information
Capstone Care Provider Limited is a private company limited by shares and incorporated in England. Its registered office is:
Renewal Trust Business Centre
3 Hawksworth Street
Nottingham
Nottinghamshire
NG3 2EG
Capstone Care Provider Limited 06043758 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts October 2023 release 2 Mr T Edinborough No description of principal activity 06043758 2022-04-01 2023-03-31 06043758 core:WithinOneYear 2023-03-31 06043758 core:AfterOneYear 2023-03-31 06043758 core:ShareCapital 2023-03-31 06043758 core:RetainedEarningsAccumulatedLosses 2023-03-31 06043758 2023-04-01 2024-03-31 06043758 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06043758 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06043758 bus:Director40 2023-04-01 2024-03-31 06043758 1 2023-04-01 2024-03-31 06043758 2 2023-04-01 2024-03-31 06043758 core:PlantMachinery 2023-04-01 2024-03-31 06043758 core:Vehicles 2023-04-01 2024-03-31 06043758 countries:England 2023-04-01 2024-03-31 06043758 bus:FRS102 2023-04-01 2024-03-31 06043758 bus:FullAccounts 2023-04-01 2024-03-31 06043758 2024-03-31 06043758 core:WithinOneYear 2024-03-31 06043758 core:AfterOneYear 2024-03-31 06043758 core:ShareCapital 2024-03-31 06043758 core:RetainedEarningsAccumulatedLosses 2024-03-31 06043758 core:PlantMachinery 2024-03-31 06043758 core:Vehicles 2024-03-31 06043758 2023-03-31 06043758 core:PlantMachinery 2023-03-31 06043758 core:Vehicles 2023-03-31 iso4217:GBP xbrli:pure