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REGISTERED NUMBER: 02741404 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LIFE CARE (UK) LIMITED

LIFE CARE (UK) LIMITED (REGISTERED NUMBER: 02741404)






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


LIFE CARE (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Dr H H Kalaria
Mr A Patel





REGISTERED OFFICE: 214 Fakenham Road
Taverham
Norwich
Middlesex
NR8 6QN





REGISTERED NUMBER: 02741404 (England and Wales)





ACCOUNTANTS: Mahendra Patel
Chartered Certified Accountants
46 Yeading Fork
Hayes
Middlesex
UB4 9DQ

LIFE CARE (UK) LIMITED (REGISTERED NUMBER: 02741404)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 259,154 267,034

CURRENT ASSETS
Debtors 5 95,768 101,399
Cash at bank and in hand 77,612 101,941
173,380 203,340
CREDITORS
Amounts falling due within one year 6 66,074 127,548
NET CURRENT ASSETS 107,306 75,792
TOTAL ASSETS LESS CURRENT
LIABILITIES

366,460

342,826

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 266,460 242,826
366,460 342,826

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.

LIFE CARE (UK) LIMITED (REGISTERED NUMBER: 02741404)

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 22 May 2024 and were signed on its behalf by:





Dr H H Kalaria - Director


LIFE CARE (UK) LIMITED (REGISTERED NUMBER: 02741404)

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

1. STATUTORY INFORMATION

Life Care (UK) 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.

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 and 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 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.

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 25 (2023 - 24 ) .

LIFE CARE (UK) LIMITED (REGISTERED NUMBER: 02741404)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 534,878 295,207 830,085
Additions - 10,189 10,189
At 31 March 2024 534,878 305,396 840,274
DEPRECIATION
At 1 April 2023 287,138 275,913 563,051
Charge for year 10,698 7,371 18,069
At 31 March 2024 297,836 283,284 581,120
NET BOOK VALUE
At 31 March 2024 237,042 22,112 259,154
At 31 March 2023 247,740 19,294 267,034

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12,565 20,851
Amounts owed by group undertakings 80,000 75,000
Other debtors 3,203 5,548
95,768 101,399

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,903 3,542
Amounts owed to group undertakings - 50,000
Taxation and social security 16,752 23,566
Other creditors 45,419 50,440
66,074 127,548