IRIS Accounts Production v24.1.9.2 04456342 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044563422022-11-30044563422023-11-30044563422022-12-012023-11-30044563422021-11-30044563422021-12-012022-11-30044563422022-11-3004456342ns15:EnglandWales2022-12-012023-11-3004456342ns14:PoundSterling2022-12-012023-11-3004456342ns10:Director12022-12-012023-11-3004456342ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3004456342ns10:SmallEntities2022-12-012023-11-3004456342ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3004456342ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3004456342ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3004456342ns10:FullAccounts2022-12-012023-11-300445634212022-12-012023-11-3004456342ns10:OrdinaryShareClass12022-12-012023-11-3004456342ns10:Director22022-12-012023-11-3004456342ns10:RegisteredOffice2022-12-012023-11-3004456342ns5:CurrentFinancialInstruments2023-11-3004456342ns5:CurrentFinancialInstruments2022-11-3004456342ns5:Non-currentFinancialInstruments2023-11-3004456342ns5:Non-currentFinancialInstruments2022-11-3004456342ns5:ShareCapital2023-11-3004456342ns5:ShareCapital2022-11-3004456342ns5:RevaluationReserve2023-11-3004456342ns5:RevaluationReserve2022-11-3004456342ns5:RetainedEarningsAccumulatedLosses2023-11-3004456342ns5:RetainedEarningsAccumulatedLosses2022-11-3004456342ns5:NetGoodwill2022-12-012023-11-3004456342ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-12-012023-11-3004456342ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-012023-11-3004456342ns5:FurnitureFittings2022-12-012023-11-3004456342ns5:MotorVehicles2022-12-012023-11-3004456342ns5:ComputerEquipment2022-12-012023-11-3004456342ns5:NetGoodwill2022-11-3004456342ns5:NetGoodwill2023-11-3004456342ns5:NetGoodwill2022-11-3004456342ns5:LandBuildings2022-11-3004456342ns5:ShortLeaseholdAssetsns5:LandBuildings2022-11-3004456342ns5:FurnitureFittings2022-11-3004456342ns5:LandBuildings2022-12-012023-11-3004456342ns5:LandBuildings2023-11-3004456342ns5:ShortLeaseholdAssetsns5:LandBuildings2023-11-3004456342ns5:FurnitureFittings2023-11-3004456342ns5:LandBuildings2022-11-3004456342ns5:ShortLeaseholdAssetsns5:LandBuildings2022-11-3004456342ns5:FurnitureFittings2022-11-3004456342ns5:MotorVehicles2022-11-3004456342ns5:ComputerEquipment2022-11-3004456342ns5:MotorVehicles2023-11-3004456342ns5:ComputerEquipment2023-11-3004456342ns5:MotorVehicles2022-11-3004456342ns5:ComputerEquipment2022-11-3004456342ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3004456342ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3004456342ns5:Secured2023-11-3004456342ns5:Secured2022-11-3004456342ns10:OrdinaryShareClass12023-11-3004456342ns5:RevaluationReserve2022-11-30
REGISTERED NUMBER: 04456342 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Caldwell Care Limited

Caldwell Care Limited (Registered number: 04456342)






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 Care Limited

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: 04456342 (England and Wales)





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

Caldwell Care Limited (Registered number: 04456342)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,213,981 1,282,191
1,213,981 1,282,191

CURRENT ASSETS
Debtors 6 151,778 210,741
Cash at bank and in hand 37,243 27,992
189,021 238,733
CREDITORS
Amounts falling due within one year 7 390,613 424,469
NET CURRENT LIABILITIES (201,592 ) (185,736 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,012,389

1,096,455

CREDITORS
Amounts falling due after more than one
year

8

(690,997

)

(710,056

)

PROVISIONS FOR LIABILITIES - (5,786 )
NET ASSETS 321,392 380,613

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Revaluation reserve 11 567,789 567,789
Retained earnings (247,397 ) (188,176 )
SHAREHOLDERS' FUNDS 321,392 380,613

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 Care Limited (Registered number: 04456342)

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 Care Limited (Registered number: 04456342)

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

1. STATUTORY INFORMATION

Caldwell Care 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.

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 as modified by the revaluation of certain assets.

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 invoiced sales of services excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Beach hut - 5% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.


Caldwell Care Limited (Registered number: 04456342)

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.

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 23 (2022 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 28,000
AMORTISATION
At 1 December 2022
and 30 November 2023 28,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

Caldwell Care Limited (Registered number: 04456342)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property Beach hut fittings
£    £    £   
COST OR VALUATION
At 1 December 2022 1,363,902 20,000 262,948
Additions 1,872 - 1,279
Disposals - (20,000 ) -
At 30 November 2023 1,365,774 - 264,227
DEPRECIATION
At 1 December 2022 192,193 10,000 198,509
Charge for year 24,884 - 16,376
Eliminated on disposal - (10,000 ) -
At 30 November 2023 217,077 - 214,885
NET BOOK VALUE
At 30 November 2023 1,148,697 - 49,342
At 30 November 2022 1,171,709 10,000 64,439

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 December 2022 51,000 6,892 1,704,742
Additions - - 3,151
Disposals - - (20,000 )
At 30 November 2023 51,000 6,892 1,687,893
DEPRECIATION
At 1 December 2022 18,094 3,755 422,551
Charge for year 17,826 2,275 61,361
Eliminated on disposal - - (10,000 )
At 30 November 2023 35,920 6,030 473,912
NET BOOK VALUE
At 30 November 2023 15,080 862 1,213,981
At 30 November 2022 32,906 3,137 1,282,191

Included in cost or valuation of land and buildings is freehold land of £ 120,000 (2022 - £ 120,000 ) which is not depreciated.

Caldwell Care Limited (Registered number: 04456342)

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

5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 November 2023 is represented by:

Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
Valuation in 2009 645,215 - - - 645,215
Cost 720,559 264,227 51,000 6,892 1,042,678
1,365,774 264,227 51,000 6,892 1,687,893

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.11.23 30.11.22
£    £   
Cost 720,559 718,687
Aggregate depreciation 100,938 88,958

Value of land in freehold land and buildings 120,000 120,000

Freehold land and buildings were valued on net realizable value basis on by the director of the company .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 17,479 1,677
Amounts owed by group undertakings 132,831 207,136
Other debtors 1,468 1,928
151,778 210,741

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 22,854 32,576
Trade creditors 466 -
Amounts owed to group undertakings 311,169 350,669
Taxation and social security 4,822 -
Other creditors 51,302 41,224
390,613 424,469

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 690,997 710,056

Caldwell Care Limited (Registered number: 04456342)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.11.23 30.11.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 599,580 579,753

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 713,851 742,632

The bank loan is secured by a fixed & 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: £    £   
1,000 Ordinary £1 1,000 1,000

11. RESERVES
Revaluation
reserve
£   
At 1 December 2022
and 30 November 2023 567,789