IRIS Accounts Production v24.1.4.33 11042183 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110421832022-12-31110421832023-12-31110421832023-01-012023-12-31110421832021-12-31110421832022-01-012022-12-31110421832022-12-3111042183ns15:EnglandWales2023-01-012023-12-3111042183ns14:PoundSterling2023-01-012023-12-3111042183ns10:Director12023-01-012023-12-3111042183ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111042183ns10:SmallEntities2023-01-012023-12-3111042183ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111042183ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3111042183ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111042183ns10:AbridgedAccounts2023-01-012023-12-3111042183ns10:Director22023-01-012023-12-3111042183ns10:RegisteredOffice2023-01-012023-12-3111042183ns5:CurrentFinancialInstruments2023-12-3111042183ns5:CurrentFinancialInstruments2022-12-3111042183ns5:ShareCapital2023-12-3111042183ns5:ShareCapital2022-12-3111042183ns5:RetainedEarningsAccumulatedLosses2023-12-3111042183ns5:RetainedEarningsAccumulatedLosses2022-12-3111042183ns5:PlantMachinery2023-01-012023-12-31
REGISTERED NUMBER: 11042183 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

VESTA CARE (UK) LIMITED

VESTA CARE (UK) LIMITED (REGISTERED NUMBER: 11042183)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


VESTA CARE (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: D Hughes
N L Lowrey





REGISTERED OFFICE: 82 King Street
Manchester
M2 4WQ





REGISTERED NUMBER: 11042183 (England and Wales)





ACCOUNTANT: Lethbridge & Co
82 King Street
Manchester
M2 4WQ

VESTA CARE (UK) LIMITED (REGISTERED NUMBER: 11042183)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 468,968 495,913

CURRENT ASSETS
Debtors 1,655,580 1,132,378
Cash at bank 29,920 106,952
1,685,500 1,239,330
CREDITORS
Amounts falling due within one year 197,989 194,418
NET CURRENT ASSETS 1,487,511 1,044,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,956,479

1,540,825

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,956,477 1,540,823
1,956,479 1,540,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

VESTA CARE (UK) LIMITED (REGISTERED NUMBER: 11042183)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2024 and were signed on its behalf by:





D Hughes - Director


VESTA CARE (UK) LIMITED (REGISTERED NUMBER: 11042183)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

VESTA CARE (UK) LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the invoiced sale of goods excluding value added tax.

Turnover is recognised when ownership of the goods is transferred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Financial instruments
The following assets and liabilities are classified as financial instruments; trade debtors, directors loan account, trade creditors and accruals.

Financial instruments hat are payable or receivable within one year, typically trade debtors, directors loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.

Financial instruments repayable in more than one year such as accruals are initially measured at the present value of future payments and subsequently at amortised cost using the effective interest method unless the effect of the discounting would be immaterial.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

VESTA CARE (UK) LIMITED (REGISTERED NUMBER: 11042183)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 147 (2022 - 149 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 1,005,871
Additions 90,297
At 31 December 2023 1,096,168
DEPRECIATION
At 1 January 2023 509,958
Charge for year 117,242
At 31 December 2023 627,200
NET BOOK VALUE
At 31 December 2023 468,968
At 31 December 2022 495,913