IRIS Accounts Production v24.2.0.383 07201949 director 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072019492023-03-31072019492024-03-31072019492023-04-012024-03-31072019492022-03-31072019492022-04-012023-03-31072019492023-03-3107201949ns15:EnglandWales2023-04-012024-03-3107201949ns14:PoundSterling2023-04-012024-03-3107201949ns10:Director12023-04-012024-03-3107201949ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107201949ns10:SmallEntities2023-04-012024-03-3107201949ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3107201949ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107201949ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107201949ns10:FullAccounts2023-04-012024-03-310720194912023-04-012024-03-3107201949ns10:OrdinaryShareClass12023-04-012024-03-3107201949ns10:RegisteredOffice2023-04-012024-03-3107201949ns5:CurrentFinancialInstruments2024-03-3107201949ns5:CurrentFinancialInstruments2023-03-3107201949ns5:ShareCapital2024-03-3107201949ns5:ShareCapital2023-03-3107201949ns5:RetainedEarningsAccumulatedLosses2024-03-3107201949ns5:RetainedEarningsAccumulatedLosses2023-03-3107201949ns5:NetGoodwill2023-04-012024-03-3107201949ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107201949ns5:PlantMachinery2023-04-012024-03-3107201949ns5:NetGoodwill2023-03-3107201949ns5:NetGoodwill2024-03-3107201949ns5:NetGoodwill2023-03-3107201949ns5:PlantMachinery2023-03-3107201949ns5:PlantMachinery2024-03-3107201949ns5:PlantMachinery2023-03-3107201949ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107201949ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107201949ns10:OrdinaryShareClass12024-03-3107201949ns5:RetainedEarningsAccumulatedLosses2023-03-3107201949ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 07201949 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

N C HOMECARE LIMITED

N C HOMECARE LIMITED (REGISTERED NUMBER: 07201949)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

N C HOMECARE LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: B H Moynihan





REGISTERED OFFICE: Halpin House
Off Church Street
Frodsham
Cheshire
WA6 6QJ





REGISTERED NUMBER: 07201949 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

N C HOMECARE LIMITED (REGISTERED NUMBER: 07201949)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 14,136 19,444
14,137 19,445

CURRENT ASSETS
Debtors 6 130,680 111,834
Cash at bank 78,875 239,783
209,555 351,617
CREDITORS
Amounts falling due within one year 7 92,302 113,712
NET CURRENT ASSETS 117,253 237,905
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,390

257,350

PROVISIONS FOR LIABILITIES 2,686 3,694
NET ASSETS 128,704 253,656

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 9 128,701 253,653
SHAREHOLDERS' FUNDS 128,704 253,656

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.

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 10 May 2024 and were signed by:





B H Moynihan - Director


N C HOMECARE LIMITED (REGISTERED NUMBER: 07201949)

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

1. STATUTORY INFORMATION

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

Franchise
Franchise, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of six 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.
Plant and machinery etc - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 56 (2023 - 63 ) .

N C HOMECARE LIMITED (REGISTERED NUMBER: 07201949)

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

4. INTANGIBLE FIXED ASSETS
Franchise
£   
COST
At 1 April 2023
and 31 March 2024 58,244
AMORTISATION
At 1 April 2023
and 31 March 2024 58,243
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 59,844
Additions 5,063
At 31 March 2024 64,907
DEPRECIATION
At 1 April 2023 40,400
Charge for year 10,371
At 31 March 2024 50,771
NET BOOK VALUE
At 31 March 2024 14,136
At 31 March 2023 19,444

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 129,302 109,970
Other debtors 1,378 1,864
130,680 111,834

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 25,799 34,840
Other creditors 66,503 78,872
92,302 113,712

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
3 Ordinary £1 3 3

N C HOMECARE LIMITED (REGISTERED NUMBER: 07201949)

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

9. RESERVES
Retained
earnings
£   

At 1 April 2023 253,653
Deficit for the year (2,404 )
Dividends (122,548 )
At 31 March 2024 128,701

10. OFF-BALANCE SHEET ARRANGEMENTS

The company had outstanding commitments in respect of operating leases as at 31 March 2024 of £26,409 (2023 - £35,730).

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other debtors an amount of £nil (2023 other creditors £6) owed to Mr B Moynihan, who is directors and shareholders of the company.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
N C Homecare 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 Statement of Financial Position. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of N C Homecare Limited for the year ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of N C Homecare Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of N C Homecare Limited and state those matters that we have agreed to state to the director of N C Homecare Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than N C Homecare Limited and its director for our work or for this report.

It is your duty to ensure that N C Homecare Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of N C Homecare Limited. You consider that N C Homecare Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of N C Homecare Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................