Home Care For You (Sophiya) Ltd
Registered number: 11164559
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 357 714
Current assets
Debtors 4 104,238 104,238
Cash at bank and in hand 6,709 42,212
110,947 146,450
Creditors: amounts falling due within one year 5 (34,757) (48,193)
Net current assets 76,190 98,257
Total assets less current liabilities 76,547 98,971
Creditors: amounts falling due after more than one year 6 (16,446) (26,446)
Net assets 60,101 72,525
Capital and reserves
Called up share capital 100 100
Profit and loss account 60,001 72,425
Shareholder's funds 60,101 72,525
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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.
Sophiya Pathan
Director
Approved by the board on 20 August 2024
Home Care For You (Sophiya) Ltd
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 January 2023 1,784
At 31 December 2023 1,784
Depreciation
At 1 January 2023 1,070
Charge for the year 357
At 31 December 2023 1,427
Net book value
At 31 December 2023 357
At 31 December 2022 714
[For revalued assets, state the years in which the assets were valued and their values. For assets revalued during the reporting period, state the names of the persons who revalued them or particulars of their qualifications for doing so and the bases of valuation used by them.]
4 Debtors 2023 2022
£ £
Other debtors 104,238 104,238
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 8,333 8,333
Accruals 750 19,080
Director's account 567 1,522
Corporation tax 25,107 19,258
34,757 48,193
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 16,446 26,446
7 Profit and loss account 2023
£
At 1 January 2023 14,519
Profit for the financial year 24,576
Dividend (37,000)
At 31 December 2023 2,095
8 Dividends 2023 2022
£ £
Dividends for which the company became liable during the year:
Dividends paid 37,000 -
37,000 -
9 Related party transactions
Included within the creditors at the year end is £567 (2022: £1,522) due to Ms S Pathan, the company director. During the period the company paid £105,130 on behalf of the director and the director introduced £64,175 into the company.
10 Controlling party
The ultimate controlling party is the sole director and shareholder Ms S Pathan.
11 Other information
Home Care For You (Sophiya) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Suite 127, Building A Glenfield Park,
Philips Road
Blackburn
United Kingdom
BB1 5PF
Home Care For You (Sophiya) Ltd 11164559 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Sophiya Pathan No description of principal activity 11164559 2022-01-01 2022-12-31 11164559 core:WithinOneYear 2022-12-31 11164559 core:AfterOneYear 2022-12-31 11164559 core:ShareCapital 2022-12-31 11164559 core:RetainedEarningsAccumulatedLosses 2022-12-31 11164559 2023-01-01 2023-12-31 11164559 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11164559 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11164559 bus:Director40 2023-01-01 2023-12-31 11164559 2 2023-01-01 2023-12-31 11164559 core:PlantMachinery 2023-01-01 2023-12-31 11164559 countries:England 2023-01-01 2023-12-31 11164559 bus:FRS102 2023-01-01 2023-12-31 11164559 bus:FilletedAccounts 2023-01-01 2023-12-31 11164559 2023-12-31 11164559 core:WithinOneYear 2023-12-31 11164559 core:AfterOneYear 2023-12-31 11164559 core:ShareCapital 2023-12-31 11164559 core:RetainedEarningsAccumulatedLosses 2023-12-31 11164559 core:PlantMachinery 2023-12-31 11164559 2022-12-31 11164559 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure