Eamal Ltd 10306317 false 2022-12-01 2024-01-31 2024-01-31 The principal activity of the company is domiciliary care Digita Accounts Production Advanced 6.30.9574.0 true true 10306317 2022-12-01 2024-01-31 10306317 2024-01-31 10306317 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-01-31 10306317 core:CurrentFinancialInstruments 2024-01-31 10306317 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 10306317 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 10306317 core:FurnitureFittings 2024-01-31 10306317 core:MotorVehicles 2024-01-31 10306317 core:OfficeEquipment 2024-01-31 10306317 core:PlantMachinery 2024-01-31 10306317 bus:SmallEntities 2022-12-01 2024-01-31 10306317 bus:AuditExemptWithAccountantsReport 2022-12-01 2024-01-31 10306317 bus:FilletedAccounts 2022-12-01 2024-01-31 10306317 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-01-31 10306317 bus:RegisteredOffice 2022-12-01 2024-01-31 10306317 bus:Director1 2022-12-01 2024-01-31 10306317 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-12-01 2024-01-31 10306317 bus:PrivateLimitedCompanyLtd 2022-12-01 2024-01-31 10306317 core:IntangibleAssetsOtherThanGoodwill 2022-12-01 2024-01-31 10306317 core:ComputerEquipment 2022-12-01 2024-01-31 10306317 core:FurnitureFittings 2022-12-01 2024-01-31 10306317 core:FurnitureFittingsToolsEquipment 2022-12-01 2024-01-31 10306317 core:MotorVehicles 2022-12-01 2024-01-31 10306317 core:OfficeEquipment 2022-12-01 2024-01-31 10306317 core:PlantMachinery 2022-12-01 2024-01-31 10306317 countries:England 2022-12-01 2024-01-31 10306317 2022-11-30 10306317 core:FurnitureFittings 2022-11-30 10306317 core:MotorVehicles 2022-11-30 10306317 core:OfficeEquipment 2022-11-30 10306317 core:PlantMachinery 2022-11-30 10306317 2021-12-01 2022-11-30 10306317 2022-11-30 10306317 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-11-30 10306317 core:CurrentFinancialInstruments 2022-11-30 10306317 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 10306317 core:Non-currentFinancialInstruments core:AfterOneYear 2022-11-30 10306317 core:FurnitureFittings 2022-11-30 10306317 core:MotorVehicles 2022-11-30 10306317 core:OfficeEquipment 2022-11-30 10306317 core:PlantMachinery 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10306317

Eamal Ltd

trading as Caremark Dacorum & St Albans

Unaudited Filleted Abridged Financial Statements

for the Period from 1 December 2022 to 31 January 2024

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 10

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Company Information

Director

Mr A Malik

Registered office

Enterprise House
Maxted Road
Hemel Hempstead
Buckinghamshire
HP2 7BT

Accountants

MMTI Ltd
Chartered Accountants
Monument House
215 Marsh Road
Pinner
Harrow
HA5 5NE

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

(Registration number: 10306317)
Abridged Balance Sheet as at 31 January 2024

Note

31 January
2024
£

30 November
2022
£

Fixed assets

 

Intangible assets

4

-

1,094

Tangible assets

5

10,475

12,511

 

10,475

13,605

Current assets

 

Debtors

45,462

120,978

Cash at bank and in hand

 

24,763

89,918

 

70,225

210,896

Prepayments and accrued income

 

123,597

102,496

Creditors: Amounts falling due within one year

(117,527)

(36,156)

Net current assets

 

76,295

277,236

Total assets less current liabilities

 

86,770

290,841

Creditors: Amounts falling due after more than one year

(12,500)

(25,833)

Provisions for liabilities

(676)

(1,136)

Accruals and deferred income

 

(69,641)

(53,806)

Net assets

 

3,953

210,066

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

3,952

210,065

Shareholders' funds

 

3,953

210,066

For the financial period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

(Registration number: 10306317)
Abridged Balance Sheet as at 31 January 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 April 2024
 

.........................................
Mr A Malik
Director

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Enterprise House
Maxted Road
Hemel Hempstead
Buckinghamshire
HP2 7BT

These financial statements were authorised for issue by the director on 25 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% on cost

Furniture, fittings, tools and equipment

25% on cost

Motor vehicles

33% on cost

Computer equipment

25% on cost

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Franchise fee

5 years

Investments

Listed investments are measured at fair value. Changes in fair value are included in the profit and loss account.

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 50 (2022 - 54).

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 December 2022

19,140

At 31 January 2024

19,140

Amortisation

At 1 December 2022

18,046

Amortisation charge

1,094

At 31 January 2024

19,140

Carrying amount

At 31 January 2024

-

At 30 November 2022

1,094

5

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 December 2022

4,398

2,031

14,408

8,514

Additions

4,068

-

3,542

-

At 31 January 2024

8,466

2,031

17,950

8,514

Depreciation

At 1 December 2022

1,746

1,826

8,188

5,080

Charge for the period

2,116

205

4,487

2,838

At 31 January 2024

3,862

2,031

12,675

7,918

Carrying amount

At 31 January 2024

4,604

-

5,275

596

At 30 November 2022

2,652

205

6,220

3,434

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

Total
£

Cost or valuation

At 1 December 2022

29,351

Additions

7,610

At 31 January 2024

36,961

Depreciation

At 1 December 2022

16,840

Charge for the period

9,646

At 31 January 2024

26,486

Carrying amount

At 31 January 2024

10,475

At 30 November 2022

12,511

6

Share capital

Allotted, called up and fully paid shares

31 January
2024

30 November
2022

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

7

Related party transactions

As at 30 November 2023, the company owed £55,297 (2022 : £4,764) to the director. The loan to the company was unsecured, interest free, and repayable on demand.

Also as at the year end, the company was owed £42,000 (2022: £nil) by other companies which were under common control of the director. The loans were unsecured, interest free and repayable on demand.

During the year to 30 November 2023, Eamal Ltd has written of a net receivable balance of £302,205 (2022: £194,005) in relation to companies under the common control of the director.

 

Eamal Ltd

trading as Caremark Dacorum & St Albans

Notes to the Unaudited Abridged Financial Statements for the Period from 1 December 2022 to 31 January 2024

Director's remuneration

The director's remuneration for the period was as follows:

31 January
2024
£

30 November
2022
£

Remuneration

15,480

2,000