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REGISTERED NUMBER: 08035287 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Caldwell & Beling Ltd

Caldwell & Beling Ltd (Registered number: 08035287)






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


Caldwell & Beling Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Dr I R Caldwell
Dr G E A Beling





REGISTERED OFFICE: The Oaks Care Home
46 New Brighton Road
Emsworth
Hampshire
PO10 7QR





REGISTERED NUMBER: 08035287 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Caldwell & Beling Ltd (Registered number: 08035287)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,381,602 2,374,621
2,381,602 2,374,621

CURRENT ASSETS
Debtors 6 330,116 359,974
Cash at bank and in hand 105,750 18,152
435,866 378,126
CREDITORS
Amounts falling due within one year 7 1,391,362 1,249,153
NET CURRENT LIABILITIES (955,496 ) (871,027 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,426,106

1,503,594

CREDITORS
Amounts falling due after more than one
year

8

1,411,743

1,489,480
NET ASSETS 14,363 14,114

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 14,362 14,113
SHAREHOLDERS' FUNDS 14,363 14,114

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 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.

Caldwell & Beling Ltd (Registered number: 08035287)

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 Board of Directors and authorised for issue on 26 August 2024 and were signed on its behalf by:





Dr I R Caldwell - Director


Caldwell & Beling Ltd (Registered number: 08035287)

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

1. STATUTORY INFORMATION

Caldwell & Beling Ltd 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 (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover represents net sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% 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.


Caldwell & Beling Ltd (Registered number: 08035287)

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

2. ACCOUNTING POLICIES - continued
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 37 (2022 - 36 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 550,000
AMORTISATION
At 1 December 2022
and 30 November 2023 550,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

Caldwell & Beling Ltd (Registered number: 08035287)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 624,000 1,736,353 60,403 12,035 2,432,791
Additions - 19,250 - - 19,250
At 30 November 2023 624,000 1,755,603 60,403 12,035 2,452,041
DEPRECIATION
At 1 December 2022 - 11,415 40,808 5,947 58,170
Charge for year - 6,341 3,919 2,009 12,269
At 30 November 2023 - 17,756 44,727 7,956 70,439
NET BOOK VALUE
At 30 November 2023 624,000 1,737,847 15,676 4,079 2,381,602
At 30 November 2022 624,000 1,724,938 19,595 6,088 2,374,621

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 17,879 8,237
Amounts owed by group undertakings 311,169 350,669
Other debtors 1,068 1,068
330,116 359,974

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 119,754 84,624
Trade creditors 3,611 -
Amounts owed to group undertakings 1,164,717 1,132,365
Taxation and social security 14,740 6,000
Other creditors 88,540 26,164
1,391,362 1,249,153

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 1,411,743 1,489,480

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 932,727 1,150,984

Caldwell & Beling Ltd (Registered number: 08035287)

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

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 1,531,497 1,574,104

The bank loans are secured by a fixed and floating charge against the freehold property and other tangible assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
1 Ordinary £1 1 1