Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Care services2022-09-01false1616truetrue 08670577 2022-09-01 2023-08-31 08670577 2021-09-01 2022-08-31 08670577 2023-08-31 08670577 2022-08-31 08670577 c:Director1 2022-09-01 2023-08-31 08670577 d:Buildings 2022-09-01 2023-08-31 08670577 d:Buildings 2023-08-31 08670577 d:Buildings 2022-08-31 08670577 d:Buildings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 08670577 d:PlantMachinery 2022-09-01 2023-08-31 08670577 d:PlantMachinery 2023-08-31 08670577 d:PlantMachinery 2022-08-31 08670577 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 08670577 d:MotorVehicles 2022-09-01 2023-08-31 08670577 d:MotorVehicles 2023-08-31 08670577 d:MotorVehicles 2022-08-31 08670577 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 08670577 d:FurnitureFittings 2022-09-01 2023-08-31 08670577 d:FurnitureFittings 2023-08-31 08670577 d:FurnitureFittings 2022-08-31 08670577 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 08670577 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 08670577 d:CurrentFinancialInstruments 2023-08-31 08670577 d:CurrentFinancialInstruments 2022-08-31 08670577 d:Non-currentFinancialInstruments 2023-08-31 08670577 d:Non-currentFinancialInstruments 2022-08-31 08670577 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08670577 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 08670577 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 08670577 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 08670577 d:ShareCapital 2023-08-31 08670577 d:ShareCapital 2022-08-31 08670577 d:RetainedEarningsAccumulatedLosses 2023-08-31 08670577 d:RetainedEarningsAccumulatedLosses 2022-08-31 08670577 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-08-31 08670577 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-08-31 08670577 c:FRS102 2022-09-01 2023-08-31 08670577 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 08670577 c:FullAccounts 2022-09-01 2023-08-31 08670577 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 08670577 d:HirePurchaseContracts d:WithinOneYear 2023-08-31 08670577 d:HirePurchaseContracts d:WithinOneYear 2022-08-31 08670577 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-08-31 08670577 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-08-31 08670577 2 2022-09-01 2023-08-31 08670577 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-08-31 08670577 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-08-31 08670577 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-08-31 08670577 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-08-31 08670577 d:LeasedAssetsHeldAsLessee 2023-08-31 08670577 d:LeasedAssetsHeldAsLessee 2022-08-31 08670577 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 08670577









STUARTS HOUSE CARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
STUARTS HOUSE CARE LIMITED
REGISTERED NUMBER: 08670577

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
45,834
42,798

  
45,834
42,798

Current assets
  

Debtors: amounts falling due within one year
 5 
20,164
24,498

Cash at bank and in hand
 6 
4,556
1,414

  
24,720
25,912

Creditors: amounts falling due within one year
 7 
(21,450)
(30,368)

Net current assets/(liabilities)
  
 
 
3,270
 
 
(4,456)

Total assets less current liabilities
  
49,104
38,342

Creditors: amounts falling due after more than one year
 8 
(6,371)
(671)

  

Net assets
  
42,733
37,671


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
42,633
37,571

  
42,733
37,671


Page 1

 
STUARTS HOUSE CARE LIMITED
REGISTERED NUMBER: 08670577
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2024.




................................................
Amanda Gover
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
STUARTS HOUSE CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Stuarts House Care Limited is a private company limited by share capital, incorporated in England and Wales. Principal activity of the Company throughout the year was that of supporting living and day care.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
STUARTS HOUSE CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Property improvement
-
10%
Reducing balance basis
Plant and machinery
-
15%
Reducing balance basis
Motor vehicles
-
20%
Reducing balance basis
Fixtures and fittings
-
15%
Reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
STUARTS HOUSE CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 16 (2022 - 16).

Page 5

 
STUARTS HOUSE CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Property improvem'nt
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 September 2022
8,286
86,392
21,000
13,870
129,548


Additions
-
-
10,794
852
11,646



At 31 August 2023

8,286
86,392
31,794
14,722
141,194



Depreciation


At 1 September 2022
4,322
55,093
18,952
8,383
86,750


Charge for the year on owned assets
396
4,694
2,569
951
8,610



At 31 August 2023

4,718
59,787
21,521
9,334
95,360



Net book value



At 31 August 2023
3,568
26,605
10,273
5,388
45,834



At 31 August 2022
3,964
31,299
2,048
5,487
42,798

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Plant and machinery
5,816
6,842

Motor vehicles
8,635
-

14,451
6,842

Page 6

 
STUARTS HOUSE CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Debtors

2023
2022
£
£


Trade debtors
20,164
24,498

20,164
24,498



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
4,556
1,414

4,556
1,414



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
386
1,225

Corporation tax
11,044
12,709

Other taxation and social security
5,780
10,799

Obligations under finance lease and hire purchase contracts
2,920
2,683

Other creditors
-
1,752

Accruals and deferred income
1,320
1,200

21,450
30,368


Included in other creditors is a director’s loan account balance of £Nil (2022 - £543) in relation to Amanda Gover.


8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
6,371
671

6,371
671


Page 7

 
STUARTS HOUSE CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
2,920
2,683

Between 1-5 years
6,371
671

9,291
3,354

The hire purchase liability is secured over the asset concerned. 


10.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
4,556
1,414




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,222 (2022 - £5,665). Contributions totaling £Nil (2022 - £1,209) were payable to the fund at the balance sheet date.


12.


Related party transactions

During the year the Company made rental payments to Little Down Farm of £16,130 (2022 - £14,256) this property is owned by the director, Amanda Gover.
During the year sales of £239,007 (2022 - £154,444) were made to G Gover the directors son at the year end £670 (2022 - £Nil) was owing.


13.


Controlling party

The Company is controlled by the director, Amanda Gover, by virtue of her shareholding as described in the director's report.

 
Page 8