Company Registration No. 10278218 (England and Wales)
Albany Care (Northampton) Limited
Unaudited accounts
for the year ended 30 November 2023
Albany Care (Northampton) Limited
Unaudited accounts
Contents
Albany Care (Northampton) Limited
Company Information
for the year ended 30 November 2023
Directors
R N Shobbrook
A Woodhouse
T Woodhouse
Company Number
10278218 (England and Wales)
Registered Office
203 West Street
Fareham
PO16 0EN
United Kingtom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Albany Care (Northampton) Limited
Accountants' report
Accountants' report to the board of directors of Albany Care (Northampton) Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Albany Care (Northampton) Limited for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Albany Care (Northampton) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Albany Care (Northampton) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Albany Care (Northampton) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Albany Care (Northampton) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Albany Care (Northampton) Limited. You consider that Albany Care (Northampton) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Albany Care (Northampton) Limited. 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 accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
15 April 2024
Albany Care (Northampton) Limited
Statement of financial position
as at 30 November 2023
Tangible assets
57,995
72,494
Cash at bank and in hand
791
3,102
Creditors: amounts falling due within one year
(289,312)
(120,018)
Net current assets
312,401
345,072
Total assets less current liabilities
370,396
417,566
Creditors: amounts falling due after more than one year
(213,536)
(262,439)
Net assets
156,860
155,127
Called up share capital
155
155
Profit and loss account
156,705
154,972
Shareholders' funds
156,860
155,127
For the year ending 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by
R N Shobbrook
Director
Company Registration No. 10278218
Albany Care (Northampton) Limited
Notes to the Accounts
for the year ended 30 November 2023
Albany Care (Northampton) Limited is a private company, limited by shares, registered in England and Wales, registration number 10278218. The registered office is 203 West Street, Fareham, PO16 0EN, United Kingtom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% reducing balance
Fixtures & fittings
20% reducing balance
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
130,889
7,086
137,975
At 30 November 2023
130,889
7,086
137,975
At 1 December 2022
62,600
2,881
65,481
Charge for the year
13,658
841
14,499
At 30 November 2023
76,258
3,722
79,980
At 30 November 2023
54,631
3,364
57,995
At 30 November 2022
68,289
4,205
72,494
Albany Care (Northampton) Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
600,922
453,488
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
38,062
-
Amounts owed to group undertakings and other participating interests
190,586
99,249
Taxes and social security
2,338
6,642
Other creditors
51,523
1,292
Loans from directors
-
12,835
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
213,536
262,439
Allotted, called up and fully paid:
155 Ordinary shares of £1 each
155
155
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan account
(16,464)
(16,430)
(32,894)
-
Directors loan account
3,629
(32,138)
(28,509)
-
(12,835)
(48,568)
(61,403)
-
10
Average number of employees
During the year the average number of employees was 15 (2022: 15).