The Gresham Care Home Limited
Registered number: 08361997
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 31,000 31,000
Tangible assets 4 810,692 743,380
841,692 774,380
Current assets
Debtors 5 1,250,252 1,075,491
Cash at bank and in hand 330,227 233,690
1,580,479 1,309,181
Creditors: amounts falling due within one year 6 (187,228) (165,323)
Net current assets 1,393,251 1,143,858
Total assets less current liabilities 2,234,943 1,918,238
Creditors: amounts falling due after more than one year 7 (301,992) (308,373)
Net assets 1,932,951 1,609,865
Capital and reserves
Called up share capital 50,000 50,000
Profit and loss account 1,882,951 1,559,865
Shareholders' funds 1,932,951 1,609,865
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr M N Ruhomutally
Director
Approved by the board on 30.05.24
The Gresham Care Home Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the net monetary value of Community Care Services provided to patients.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives as follows:
Motor vehicles 25% reducing balance
Fixtures and equipment 20% reducing balance
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 70 70
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2023 31,000
At 31 December 2023 31,000
Net book value
At 31 December 2023 31,000
At 31 December 2022 31,000
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 January 2023 573,919 737,395 90,700 1,402,014
Additions - 20,061 147,101 167,162
Disposals - - (90,700) (90,700)
At 31 December 2023 573,919 757,456 147,101 1,478,476
Depreciation
At 1 January 2023 - 599,397 59,237 658,634
Charge for the year - 31,612 36,775 68,387
On disposals - - (59,237) (59,237)
At 31 December 2023 - 631,009 36,775 667,784
Net book value
At 31 December 2023 573,919 126,447 110,326 810,692
At 31 December 2022 573,919 137,998 31,463 743,380
5 Debtors 2023 2022
£ £
Other debtors 1,250,252 1,075,491
6 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax 130,469 130,513
Other taxes and social security costs 26,700 17,671
Other creditors 30,059 17,139
187,228 165,323
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 247,866 283,782
Obligations under finance lease and hire purchase contracts 54,126 24,591
301,992 308,373
8 Other information
The Gresham Care Home Limited is a private company limited by shares and incorporated in England. Its registered office is:
49 John Road
Gorleston
Great Yarmouth
NR31 6LJ
The Gresham Care Home Limited 08361997 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Mr M N Ruhomutally No description of principal activity 08361997 2022-01-01 2022-12-31 08361997 core:WithinOneYear 2022-12-31 08361997 core:AfterOneYear 2022-12-31 08361997 core:ShareCapital 2022-12-31 08361997 core:RetainedEarningsAccumulatedLosses 2022-12-31 08361997 2023-01-01 2023-12-31 08361997 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08361997 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08361997 bus:Director40 2023-01-01 2023-12-31 08361997 core:LandBuildings 2023-01-01 2023-12-31 08361997 core:PlantMachinery 2023-01-01 2023-12-31 08361997 core:Vehicles 2023-01-01 2023-12-31 08361997 countries:England 2023-01-01 2023-12-31 08361997 bus:FRS102 2023-01-01 2023-12-31 08361997 bus:FilletedAccounts 2023-01-01 2023-12-31 08361997 2023-12-31 08361997 core:WithinOneYear 2023-12-31 08361997 core:AfterOneYear 2023-12-31 08361997 core:ShareCapital 2023-12-31 08361997 core:RetainedEarningsAccumulatedLosses 2023-12-31 08361997 core:Goodwill 2023-12-31 08361997 core:LandBuildings 2023-12-31 08361997 core:PlantMachinery 2023-12-31 08361997 core:Vehicles 2023-12-31 08361997 2022-12-31 08361997 core:Goodwill 2022-12-31 08361997 core:LandBuildings 2022-12-31 08361997 core:PlantMachinery 2022-12-31 08361997 core:Vehicles 2022-12-31 iso4217:GBP xbrli:pure