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REGISTERED NUMBER: 04081444 (England and Wales)















CLASSIC HOME CARE SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLASSIC HOME CARE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J F Redwood
G Redwood
S Redwood





SECRETARY: G Redwood





REGISTERED OFFICE: 18 The Broadway
Stoneleigh
Epsom
Surrey
KT17 2HU





REGISTERED NUMBER: 04081444 (England and Wales)





ACCOUNTANTS: L & F Accounting Ltd
18 The Broadway
Stoneleigh
Epsom
Surrey
KT17 2HU

CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 29,661 39,511
29,661 39,511

CURRENT ASSETS
Debtors 6 136,741 147,569
Cash at bank and in hand 8,333 100
145,074 147,669
CREDITORS
Amounts falling due within one year 7 115,767 100,719
NET CURRENT ASSETS 29,307 46,950
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,968

86,461

CREDITORS
Amounts falling due after more than one
year

8

13,333

28,385
NET ASSETS 45,635 58,076

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 45,535 57,976
SHAREHOLDERS' FUNDS 45,635 58,076

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 directors acknowledge their 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.

CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





J F Redwood - Director


CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Classic Home Care Services 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
Turnover represents net invoiced sales of care services, stated net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

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.

CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 45 (2023 - 35 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 600,000
AMORTISATION
At 1 April 2023
and 31 March 2024 600,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 94,731
Additions 719
At 31 March 2024 95,450
DEPRECIATION
At 1 April 2023 55,220
Charge for year 10,569
At 31 March 2024 65,789
NET BOOK VALUE
At 31 March 2024 29,661
At 31 March 2023 39,511

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 54,635
DEPRECIATION
At 1 April 2023 23,903
Charge for year 7,683
At 31 March 2024 31,586
NET BOOK VALUE
At 31 March 2024 23,049
At 31 March 2023 30,732

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 118,440 134,320
Other debtors 18,301 13,249
136,741 147,569

CLASSIC HOME CARE SERVICES LIMITED (REGISTERED NUMBER: 04081444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 21,067
Hire purchase contracts 5,052 10,096
Tax 22,195 13,021
Social security and other taxes 18,365 17,104
Other creditors 57,755 37,031
Accrued expenses 2,400 2,400
115,767 100,719

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 3,333 13,333
Hire purchase contracts - 5,052
13,333 28,385

9. ULTIMATE CONTROLLING PARTY

During the year ended 31 March 2024, Mr G Redwood and Mrs J Redwood controlled the company by virtue of a controlling interest of 98% of the issued ordinary share capital.