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REGISTERED NUMBER: SC563146 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

LOCAL LANARKSHIRE CARE LTD

LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Income Statement 2

Balance Sheet 3

Statement of Changes in Equity 4

Notes to the Financial Statements 5


LOCAL LANARKSHIRE CARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Ms C McCabe
Mrs S Murray





REGISTERED OFFICE: 5 Saline Street
Airdrie
ML6 9BE





REGISTERED NUMBER: SC563146 (Scotland)





ACCOUNTANTS: Donachie Chartered Accountants
2nd Floor
Templeton House
62 Templeton Street
Glasgow
G40 1DA

LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

INCOME STATEMENT
FOR THE YEAR ENDED 30TH APRIL 2024

2024 2023
Notes £    £   

TURNOVER 5,071,917 5,303,906

Cost of sales 66,912 61,333
GROSS PROFIT 5,005,005 5,242,573

Administrative expenses 4,067,272 4,243,406
OPERATING PROFIT 937,733 999,167

Interest receivable and similar income 5,697 1,436
943,430 1,000,603

Interest payable and similar expenses 315 926
PROFIT BEFORE TAXATION 4 943,115 999,677

Tax on profit 235,962 195,097
PROFIT FOR THE FINANCIAL YEAR 707,153 804,580

LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 1,195 2,409

CURRENT ASSETS
Debtors 7 299,181 364,660
Cash at bank 621,542 596,737
920,723 961,397
CREDITORS
Amounts falling due within one year 8 557,294 534,668
NET CURRENT ASSETS 363,429 426,729
TOTAL ASSETS LESS CURRENT LIABILITIES 364,624 429,138

CREDITORS
Amounts falling due after more than one year 9 - 21,667
NET ASSETS 364,624 407,471

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 364,524 407,371
364,624 407,471

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 14th October 2024 and were signed on its behalf by:





Mrs S Murray - Director


LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30TH APRIL 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1st May 2022 100 252,791 252,891

Changes in equity
Dividends - (650,000 ) (650,000 )
Total comprehensive income - 804,580 804,580
Balance at 30th April 2023 100 407,371 407,471

Changes in equity
Dividends - (750,000 ) (750,000 )
Total comprehensive income - 707,153 707,153
Balance at 30th April 2024 100 364,524 364,624

LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Local Lanarkshire Care Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
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:

Fixtures & fittings 25% straight line

Computer equipment 25% straight line

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.

Financial instruments
Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement.

Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal capital amounts outstanding at the period end. Issue costs relating to financial liabilities are deducted from the outstanding balance and are amortised over the period to the due date for repayment of the financial liability.

An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. A financial liability is any contractual arrangement for an entity to deliver cash to the holder of the associated financial instrument.

LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 173 (2023 - 185 ) .

4. PROFIT BEFORE TAXATION

The profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 1,214 1,173

5. DIVIDENDS
2024 2023
£    £   
shares of each
Final 750,000 650,000

6. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st May 2023
and 30th April 2024 2,648 5,200 7,848
DEPRECIATION
At 1st May 2023 2,147 3,292 5,439
Charge for year 261 953 1,214
At 30th April 2024 2,408 4,245 6,653
NET BOOK VALUE
At 30th April 2024 240 955 1,195
At 30th April 2023 501 1,908 2,409

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 299,181 364,660

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 10,000
Tax 236,083 195,218
Social security and other taxes 72,835 77,189
Other creditors 41,486 43,095
Directors' current accounts 91,674 102,166
Accrued expenses 115,216 107,000
557,294 534,668

LOCAL LANARKSHIRE CARE LTD (REGISTERED NUMBER: SC563146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years - 21,667