Registration number:
Lister House Limited
for the
Year Ended 31 March 2024
Lister House Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Lister House Limited
Balance Sheet
as at 31 March 2024
Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
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Provisions for liabilities |
( |
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Net assets |
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Capital and reserves |
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Allotted, called up and fully paid share capital |
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Capital redemption reserve |
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Profit and loss account |
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Shareholders' funds |
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Registration number: 02409443
Lister House Limited
Balance Sheet
as at 31 March 2024 (continued)
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
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.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Lister House Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2024
General information |
The company is a private company limited by shares incorporated in England within the United Kingdom.
The company's registration number is 02409443.
The address of its registered office is:
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 financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These 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.
Revenue recognition
Turnover represents amounts chargeable in respect of care services provided to residents.
Other grants
A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in income in the period in which it becomes receivable.
Lister House Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2024
(continued)
2 |
Accounting policies (continued) |
Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Tangible assets are stated in the statement of financial position at cost (or deemed 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 |
Freehold land and buildings |
Not depreciated |
Fixtures, fittings and equipment |
10% per annum on a straight line basis |
Computer equipment |
25% per annum on a straight line basis |
Stocks
Stock is valued at the lower of cost and net realisable value.
Leases
Rentals 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.
Defined contribution pension obligation
The company operates a defined contribution pension scheme for directors and employees. The assets of the scheme are held separately from those of the company. The annual contributions are charged to the profit and loss account.
Lister House Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2024
(continued)
Staff numbers |
The average number of persons employed by the company (including directors) during the year was
Tangible assets |
Land and buildings |
Fixtures, fittings and equipment |
Plant and machinery |
Total |
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Cost |
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At 1 April 2023 |
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Additions |
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At 31 March 2024 |
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Depreciation |
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At 1 April 2023 |
- |
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Charge for the year |
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At 31 March 2024 |
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Net book value |
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At 31 March 2024 |
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At 31 March 2023 |
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Included within the net book value of land and buildings above is £2,197,586 (2023 - £2,197,586) in respect of freehold land and buildings.
Lister House Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2024
(continued)
Debtors |
Current |
2024 |
2023 |
Trade debtors |
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Prepayments |
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Other debtors |
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Creditors |
2024 |
2023 |
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Due within one year |
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Bank loans and overdrafts |
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Trade creditors |
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Directors loan accounts |
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Taxation and social security |
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Other creditors |
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Accruals and deferred income |
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Corporation tax |
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Creditors due within one year include bank loans and overdrafts which are secured by way of a fixed charge over the properties and all other fixed assets of the company amounting to £239,241 (2023 - £226,765).
Lister House Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 31 March 2024
(continued)
6 |
Creditors (continued) |
2024 |
2023 |
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Due after one year |
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Bank loans and overdrafts |
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2024 |
2023 |
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After more than five years by instalments |
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Creditors falling due after one year include bank loans which are secured by way of a fixed charge over the properties and all other fixed assets of the company amounting to £1,209,071 (2023 - £1,295,690).
Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £