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REGISTERED NUMBER: 10486017 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

JOY CARE SERVICE LIMITED

JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOY CARE SERVICE LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: J Qiu
S C LEE





REGISTERED OFFICE: Chateau Vingt
Firfields
Weybridge
KT13 0UD





REGISTERED NUMBER: 10486017 (England and Wales)





ACCOUNTANTS: Owadally & King
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Balance Sheet
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 2,181,793 2,197,730
2,181,794 2,197,731

CURRENT ASSETS
Debtors 6 13,416 52,611
Cash at bank 35,583 15,440
48,999 68,051
CREDITORS
Amounts falling due within one year 7 781,324 820,011
NET CURRENT LIABILITIES (732,325 ) (751,960 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,449,469

1,445,771

CREDITORS
Amounts falling due after more than one
year

8

1,381,018

1,456,901
NET ASSETS/(LIABILITIES) 68,451 (11,130 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 68,351 (11,230 )
SHAREHOLDERS' FUNDS 68,451 (11,130 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Balance Sheet - continued
30 JUNE 2024


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 26 September 2024 and were signed on its behalf by:





J Qiu - Director


JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Joy Care Service 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - not provided
Plant and machinery etc - 25% on reducing balance and 10% 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.

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.

JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued

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
The directors consider the use of the going concern basis of accounting is appropriate because they are supporting the company financially and there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 2,117,229 360,434 2,477,663
Additions - 5,628 5,628
At 30 June 2024 2,117,229 366,062 2,483,291
DEPRECIATION
At 1 July 2023 - 279,933 279,933
Charge for year - 21,565 21,565
At 30 June 2024 - 301,498 301,498
NET BOOK VALUE
At 30 June 2024 2,117,229 64,564 2,181,793
At 30 June 2023 2,117,229 80,501 2,197,730

JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,114 19,829
Other debtors 5,302 32,782
13,416 52,611

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,152 10,877
Trade creditors 10,460 19,182
Amounts owed to group undertakings 391,825 205,688
Taxation and social security 32,235 14,618
Other creditors 335,652 569,646
781,324 820,011

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 20,070 29,389
Other creditors 1,360,948 1,427,512
1,381,018 1,456,901

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 oridnary share 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2023 (11,230 )
Profit for the year 79,581
At 30 June 2024 68,351

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the financial year ended 30 June 2024 the directors were owed by the company £263,831 (2023: £500,714) which supports the insolvency position of the company, they has confirmed that they will not withdraw this money until the company is in a position to do so.

JOY CARE SERVICE LIMITED (REGISTERED NUMBER: 10486017)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


12. RELATED PARTY DISCLOSURES

At the year ended 30 June 2024 the company owed £20,368 (2023: £17,368) to JLQ UK Services Ltd, the parent company.

During the year, the company paid management charges and other fees of £3,000 (2023: £3,000) to JLQ UK Services Ltd, the parent company.

At the year ended 30 June 2024 the company owed £371,457 (2023: £188,320) to Grace Care Service Limited, a company within the same group.