Company Registration No. 03622578 (England and Wales)
Caring Alternatives Limited
Unaudited accounts
for the year ended 30 November 2023
Caring Alternatives Limited
Unaudited accounts
Contents
Caring Alternatives Limited
Company Information
for the year ended 30 November 2023
Directors
MJE Swanson
L Taylor
Company Number
03622578 (England and Wales)
Registered Office
Office B7, Stanlaw Abbey Business Centre
Dover Drive
Ellesmere Port
CH65 9BF
Accountants
THE UNCOMMON ACCOUNTANTS LTD
Unit 2g, Redwither Tower
Redwither Business Park
Wrexham
LL13 9XT
Caring Alternatives Limited
Statement of financial position
as at 30 November 2023
Tangible assets
501,402
510,020
Cash at bank and in hand
227,197
218,327
Creditors: amounts falling due within one year
(89,442)
(157,803)
Net current assets
461,430
459,914
Total assets less current liabilities
962,832
969,934
Creditors: amounts falling due after more than one year
(135,061)
(213,826)
Net assets
827,771
756,108
Called up share capital
10,000
10,000
Revaluation reserve
322,776
322,776
Profit and loss account
494,995
423,332
Shareholders' funds
827,771
756,108
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 28 August 2024 and were signed on its behalf by
L Taylor
Director
Company Registration No. 03622578
Caring Alternatives Limited
Notes to the Accounts
for the year ended 30 November 2023
Caring Alternatives Limited is a private company, limited by shares, registered in England and Wales, registration number 03622578. The registered office is Office B7, Stanlaw Abbey Business Centre, Dover Drive, Ellesmere Port, CH65 9BF.
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.
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.
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
On a revaluation basis
Plant & machinery
20% on a reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 1 December 2022
117,500
At 30 November 2023
117,500
At 1 December 2022
117,500
At 30 November 2023
117,500
Caring Alternatives Limited
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
450,000
382,227
-
832,227
Additions
-
949
2,500
3,449
At 30 November 2023
450,000
383,176
2,500
835,676
At 1 December 2022
-
322,207
-
322,207
Charge for the year
-
12,067
-
12,067
At 30 November 2023
-
334,274
-
334,274
At 30 November 2023
450,000
48,902
2,500
501,402
At 30 November 2022
450,000
60,020
-
510,020
Carrying amount of land and buildings on cost basis
575,000
575,000
The land and buildings were revalued to £450,000 during 2022 by the directors, who consider this a reasonable market value of the property.
Amounts falling due within one year
Trade debtors
122,357
191,130
Amounts due from group undertakings etc.
196,525
193,661
Other debtors
4,793
14,599
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,146
27,593
Trade creditors
16,963
35,846
Taxes and social security
54,510
61,159
Other creditors
2,244
3,280
Loans from directors
139
69
Caring Alternatives Limited
Notes to the Accounts
for the year ended 30 November 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
135,061
213,826
Aggregate of amounts that fall due for payment after five years
-
114,531
There is a legal and general charge registered in favour of Abbey National plc secured on all assets of the company.
There is a debenture registered in favour of HSBC PLC secured as a fixed and floating charge over all assets of the company.
Included in 'Other Debtors' is a loan to a director of £nil (2022: £10,700).
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Average number of employees
During the year the average number of employees was 63 (2022: 64).