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REGISTERED NUMBER: 10355093 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

Rdcp Care One Limited

Rdcp Care One Limited (Registered number: 10355093)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Rdcp Care One Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms I Dubylovska
S Rizvi
Mrs R A Howell





REGISTERED OFFICE: Rdcp Care
86 Bearwood Road
Smethwick
Birmingham
B66 4HN





REGISTERED NUMBER: 10355093 (England and Wales)





AUDITORS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Rdcp Care One Limited (Registered number: 10355093)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,016,466 957,800

CURRENT ASSETS
Debtors 5 1,415,580 1,322,397
Cash at bank and in hand 18,398 34,698
1,433,978 1,357,095
CREDITORS
Amounts falling due within one year 6 (428,396 ) (582,350 )
NET CURRENT ASSETS 1,005,582 774,745
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,022,048

1,732,545

CREDITORS
Amounts falling due after more than one year 7 (931,652 ) (622,994 )
NET ASSETS 1,090,396 1,109,551

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,090,395 1,109,550
1,090,396 1,109,551

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2024 and were signed on its behalf by:





S Rizvi - Director


Rdcp Care One Limited (Registered number: 10355093)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Rdcp Care One 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 comprises the fair value of the consideration received or receivable for the 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues ot adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2022 - 51 ) .

Rdcp Care One Limited (Registered number: 10355093)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 1,074,953 267,141 1,342,094
Additions 77,152 2,631 79,783
At 31 December 2023 1,152,105 269,772 1,421,877
DEPRECIATION
At 1 January 2023 117,153 267,141 384,294
Charge for year 21,117 - 21,117
At 31 December 2023 138,270 267,141 405,411
NET BOOK VALUE
At 31 December 2023 1,013,835 2,631 1,016,466
At 31 December 2022 957,800 - 957,800

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 76,219 34,165
Amounts owed by group undertakings 1,197,493 929,194
Other debtors 18,898 181,369
1,292,610 1,144,728

Amounts falling due after more than one year:
Amounts owed by group undertakings 122,970 177,669

Aggregate amounts 1,415,580 1,322,397

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 86,634 53,237
Taxation and social security 187,537 143,210
Other creditors 154,225 385,903
428,396 582,350

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 931,652 622,994

Rdcp Care One Limited (Registered number: 10355093)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Susanna D Ault FCCA ACA (Senior Statutory Auditor)
for and on behalf of Tomkinson Teal (Lichfield) LLP

9. CONTINGENT LIABILITIES

The company is bound by a intra-group cross guarantee in respect of bank debt with other members of the group headed by its ultimate parent undertaking, RDCP Care Limited. The amount guaranteed is £14,350,513 (2022 - £11,355,116)

10. ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is RDCP Care Limited, incorporated in England and Wales.

On 2 April 2024 RDCP Care Limited became a wholly owned subsidiary of RDCP Care Holdings Limited. There is no change in the controlling shareholders and directors.