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REGISTERED NUMBER: 04119276 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SUPREME CARE UK LTD

SUPREME CARE UK LTD (REGISTERED NUMBER: 04119276)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SUPREME CARE UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr K Nathan
Mrs T D Ratnam-Nathan





SECRETARY: Mr K Nathan





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 04119276 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

SUPREME CARE UK LTD (REGISTERED NUMBER: 04119276)

ABRIDGED BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 724,748 731,279
724,748 731,279

CURRENT ASSETS
Stocks 1,230 997
Debtors 499,866 421,795
Cash at bank and in hand 181,243 196,909
682,339 619,701
CREDITORS
Amounts falling due within one year 426,991 459,277
NET CURRENT ASSETS 255,348 160,424
TOTAL ASSETS LESS CURRENT
LIABILITIES

980,096

891,703

CREDITORS
Amounts falling due after more than one
year

6

(281,094

)

(315,726

)

PROVISIONS FOR LIABILITIES 8 (3,345 ) (2,069 )
NET ASSETS 695,657 573,908

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 695,557 573,808
SHAREHOLDERS' FUNDS 695,657 573,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

SUPREME CARE UK LTD (REGISTERED NUMBER: 04119276)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2024


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 Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 October 2024 and were signed on its behalf by:





Mr K Nathan - Director


SUPREME CARE UK LTD (REGISTERED NUMBER: 04119276)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Supreme Care UK Ltd 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 2001, is being amortised evenly over its estimated useful life of fourteen 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.
Freehold property - 1% on cost
Improvements to property - 1% on cost
Office equipment - 25% on reducing balance
Furniture,fittings & equipment - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

SUPREME CARE UK LTD (REGISTERED NUMBER: 04119276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 130,852
AMORTISATION
At 1 April 2023
and 31 March 2024 130,852
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 1,006,250
Additions 7,774
At 31 March 2024 1,014,024
DEPRECIATION
At 1 April 2023 274,971
Charge for year 14,305
At 31 March 2024 289,276
NET BOOK VALUE
At 31 March 2024 724,748
At 31 March 2023 731,279

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 205,587 277,973

SUPREME CARE UK LTD (REGISTERED NUMBER: 04119276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 299,971 334,603

The debt is secured by means of a legal and general charge dated 24 November 2005.

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 3,345 2,069

Deferred
tax
£   
Balance at 1 April 2023 2,069
Provided during year 1,276
Balance at 31 March 2024 3,345

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £235,422 (2023 : £303,087) to Supreme Care Wales Ltd, a company owned and controlled by the same shareholders and directors. No interest was charged on this amount. This amount is repayable on demand.

At the balance sheet date the company was owed £211,134 (2023: £211,134) by Prestige Properties 786 Ltd, a company owned and controlled by the same shareholders and directors. No interest was charged on this amount. This amount is repayable on demand.

At the balance sheet date the company was owed £193,682 (2023: £178,682) by Supreme Properties 369 Ltd, a company owned and controlled by the same shareholders and directors. No interest was charged on this amount. This amount is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.