DDL CARE HUB LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
DDL CARE HUB LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
DDL CARE HUB LTD (REGISTERED NUMBER: SC753032) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Accountants' Report | 7 |
DDL CARE HUB LTD |
COMPANY INFORMATION |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Riverside House |
Ladhope Vale |
Galashiels |
Selkirkshire |
TD1 1BT |
DDL CARE HUB LTD (REGISTERED NUMBER: SC753032) |
BALANCE SHEET |
31ST MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges her 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. |
DDL CARE HUB LTD (REGISTERED NUMBER: SC753032) |
BALANCE SHEET - continued |
31ST MARCH 2024 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
DDL CARE HUB LTD (REGISTERED NUMBER: SC753032) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
1. | STATUTORY INFORMATION |
DDL Care Hub Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
At the balance sheet date there was a net deficit of assets of £30,281. |
Support has been provided by DDL Care Services Ltd, a related company. It is anticipated that this loan will be repaid from normal trading activity. The accounts have therefore been prepared on the going concern basis. |
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 |
Improvements to property | - |
Fixtures and fittings | - |
Financial assets |
Basic financial assets, including trade trade and other debtors and bank balances, are initially recognised at transaction price. |
At the end of each reporting period financial assets measured at cost are assessed for evidence of impairment. Any impairment loss is recognised in the Income Statement. |
Financial assets are derecognised when the contractual rights to the cash flows from the asset expire or are settled. |
Financial liabilities |
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price. |
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. These are classed as current liabilities as payment is due within one year of less. If not they are presented as non-current liabilities. |
Financial liabilities are decolonised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. |
DDL CARE HUB LTD (REGISTERED NUMBER: SC753032) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was |
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | and |
property | fittings | Totals |
£ | £ | £ |
COST |
Additions |
At 31st March 2024 |
DEPRECIATION |
Charge for period |
At 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
DDL CARE HUB LTD (REGISTERED NUMBER: SC753032) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 13TH DECEMBER 2022 TO 31ST MARCH 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Inter company loan |
Trade creditors |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other loan |
8. | RELATED PARTY DISCLOSURES |
Mrs DD Lamb is also the Director of DDL Care Services Ltd. During the period DDL Care Services Ltd advanced loans to DDL Care Hub Ltd. At the balance sheet date the amount due to DDL Care Services Ltd was £111,326. |
During the period the company provided care services totalling £12,823 to DDL Care Services Ltd. The balance due to the company from DDL Care Services Ltd at the balance sheet date was £1,398. |
During the period Valley Landscaping Ltd, a company controlled by the husband of Mrs DD Lamb provided £70,506 of building services and £192 of motor expenses to the company. At the balance sheet date DDL Care Hub Ltd was due £Nil to Valley Landscaping Ltd. |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
DDL CARE HUB LTD |
The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DDL Care Hub Ltd for the period ended 31st March 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance. |
This report is made solely to the director of DDL Care Hub Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DDL Care Hub Ltd and state those matters that we have agreed to state to the director of DDL Care Hub Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that DDL Care Hub Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of DDL Care Hub Ltd. You consider that DDL Care Hub Ltd is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of DDL Care Hub Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Riverside House |
Ladhope Vale |
Galashiels |
Selkirkshire |
TD1 1BT |