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Company Registration No. 14555643 (England and Wales)
Logini Castleford Care Home Ltd Unaudited accounts for the period from 23 December 2022 to 31 December 2023
Logini Castleford Care Home Ltd Unaudited accounts Contents
Page
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Logini Castleford Care Home Ltd Company Information for the period from 23 December 2022 to 31 December 2023
Directors
Mr Sivasubramaniam Surenkumar Mrs Logini Pararajasingam
Secretary
Mrs Logini Pararajasingam
Company Number
14555643 (England and Wales)
Registered Office
77 Herent Drive Ilford Essex IG5 0HF England
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Logini Castleford Care Home Ltd Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
19,333 
Tangible assets
2,400,995 
2,420,328 
Current assets
Debtors
16,046 
Cash at bank and in hand
122,258 
138,304 
Creditors: amounts falling due within one year
(227,354)
Net current liabilities
(89,050)
Total assets less current liabilities
2,331,278 
Creditors: amounts falling due after more than one year
(2,245,296)
Net assets
85,982 
Capital and reserves
Called up share capital
100 
Profit and loss account
85,882 
Shareholders' funds
85,982 
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by
Mr Sivasubramaniam Surenkumar Director Company Registration No. 14555643
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Logini Castleford Care Home Ltd Notes to the Accounts for the period from 23 December 2022 to 31 December 2023
1
Statutory information
Logini Castleford Care Home Ltd is a private company, limited by shares, registered in England and Wales, registration number 14555643. The registered office is 77 Herent Drive, Ilford, Essex, IG5 0HF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% RB
Fixtures & fittings
20% RB
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Logini Castleford Care Home Ltd Notes to the Accounts for the period from 23 December 2022 to 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 23 December 2022
- 
Additions
20,000 
At 31 December 2023
20,000 
Amortisation
At 23 December 2022
- 
Charge for the period
667 
At 31 December 2023
667 
Net book value
At 31 December 2023
19,333 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 23 December 2022
- 
- 
- 
- 
Additions
2,331,000 
10,000 
64,841 
2,405,841 
At 31 December 2023
2,331,000 
10,000 
64,841 
2,405,841 
Depreciation
Charge for the period
- 
167 
4,679 
4,846 
At 31 December 2023
- 
167 
4,679 
4,846 
Net book value
At 31 December 2023
2,331,000 
9,833 
60,162 
2,400,995 
6
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
7,893 
Accrued income and prepayments
8,153 
16,046 
7
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
40,469 
Taxes and social security
81,523 
Other creditors
88,153 
Accruals
17,209 
227,354 
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Logini Castleford Care Home Ltd Notes to the Accounts for the period from 23 December 2022 to 31 December 2023
8
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
1,559,145 
Loans from directors
686,151 
2,245,296 
9
Transactions with related parties
At the reporting date Logini Care Contracts Ltd owed £3,000 by the company. At the reporting date Logini Logini Plumbing Heating Services Ltd owed £3,652 by the company.
10
Average number of employees
During the period the average number of employees was 57.
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