WYSE CARE LTD Filleted Accounts Cover
WYSE CARE LTD
Company No. 11071378
Information for Filing with The Registrar
30 November 2023
WYSE CARE LTD Directors Report Registrar
The Directors present their report and the accounts for the year ended 30 November 2023.
Principal activities
The principal activity of the company during the year under review was Temporary employment agency activities.
Directors
The Directors who served at any time during the year were as follows:
G. George
S. Varghese
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
S. Varghese
Director
27 August 2024
WYSE CARE LTD Balance Sheet Registrar
at
30 November 2023
Company No.
11071378
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
14,79516,118
Investment property
5
220,81199,363
235,606115,481
Current assets
Debtors
6
75,894107,712
Cash at bank and in hand
324,119125,347
400,013233,059
Creditors: Amount falling due within one year
7
(129,532)
(56,734)
Net current assets
270,481176,325
Total assets less current liabilities
506,087291,806
Creditors: Amounts falling due after more than one year
8
(22,626)
(33,386)
Net assets
483,461258,420
Capital and reserves
Called up share capital
200200
Profit and loss account
10
483,261258,220
Total equity
483,461258,420
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 27 August 2024 and signed on its behalf by:
S. Varghese
Director
27 August 2024
WYSE CARE LTD Notes to the Accounts Registrar
for the year ended 30 November 2023
1
General information
WYSE CARE LTD is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 11071378
Its registered office is:
285 Breck Road
Everton
Liverpool
L5 6PU
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
25% Reducing Balance
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other 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.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Defined contribution pensions
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 payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
414230
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 December 2022
30,64230,642
Additions
3,6083,608
At 30 November 2023
34,25034,250
Depreciation
At 1 December 2022
14,52414,524
Charge for the year
4,9314,931
At 30 November 2023
19,45519,455
Net book values
At 30 November 2023
14,79514,795
At 30 November 2022
16,118
16,118
5
Investment property
Freehold Investment Property
£
Valuation
At 1 December 2022
99,363
Additions
220,811
Disposals
(99,363)
At 30 November 2023
220,811
6
Debtors
2023
2022
£
£
Trade debtors
65,894107,712
Other debtors
10,000-
75,894107,712
Amounts included within Other debtors that fall due after more than one year
265,926
7
Creditors:
amounts falling due within one year
2023
2022
£
£
Taxes and social security
118,001
49,663
Loans from directors
7,4705,011
Accruals and deferred income
4,0612,060
129,53256,734
8
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
22,62633,386
22,62633,386
9
Share Capital
ordinary shares
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
11
Dividends
2023
2022
£
£
Dividends for the period:
Dividends paid in the period
28,000
20,000
28,000
20,000
Dividends by type:
Non-equity preference dividends
--
Equity dividends
28,00020,000
28,000
20,000
12
Advances and credits to directors
2023
£
At 1 December 2022
5,130
At 30 November 2023
5,130
WYSE CARE LTD1107137830 November 202301 December 2022false27 August 2024BTCSoftware AP Solution 2024 11.1.0211.1.02true110713782022-12-012023-11-30110713782023-11-30110713782022-11-3011071378core:WithinOneYear2023-11-3011071378core:WithinOneYear2022-11-3011071378core:AfterOneYear2023-11-3011071378core:AfterOneYear2022-11-3011071378core:ShareCapital2023-11-3011071378core:ShareCapital2022-11-3011071378core:RetainedEarningsAccumulatedLosses2023-11-3011071378core:RetainedEarningsAccumulatedLosses2022-11-3011071378countries:UnitedKingdom2022-12-012023-11-3011071378bus:RegisteredOffice2022-12-012023-11-3011071378core:FurnitureFittingsToolsEquipment2022-12-012023-11-30110713782021-12-012022-11-3011071378core:FurnitureFittingsToolsEquipment2022-12-01110713782022-12-0111071378core:FurnitureFittingsToolsEquipment2023-11-3011071378core:FreeholdInvestmentProperty2022-12-0111071378core:FreeholdInvestmentProperty2022-12-012023-11-3011071378core:FreeholdInvestmentProperty2023-11-3011071378core:RetainedEarningsAccumulatedLosses2022-12-012023-11-3011071378bus:AllOrdinaryShares2022-12-012023-11-3011071378bus:Director12022-12-012023-11-3011071378bus:Director102022-12-012023-11-3011071378bus:SmallEntities2022-12-012023-11-3011071378bus:FullAccounts2022-12-012023-11-3011071378bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3011071378bus:Director22022-12-012023-11-3011071378bus:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:pure