DERIVE CARE LTD

Company Registration Number:
13819399 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

DERIVE CARE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

DERIVE CARE LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 697 930
Total fixed assets: 697 930
Current assets
Debtors: 4 170,939 56,711
Cash at bank and in hand: 38,197 140
Total current assets: 209,136 56,851
Creditors: amounts falling due within one year: 5 (103,790) (80,821)
Net current assets (liabilities): 105,346 (23,970)
Total assets less current liabilities: 106,043 (23,040)
Total net assets (liabilities): 106,043 (23,040)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 106,042 (23,041)
Shareholders funds: 106,043 (23,040)

The notes form part of these financial statements

DERIVE CARE LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 October 2024
and signed on behalf of the board by:

Name: Viji Mangalassery
Status: Director

The notes form part of these financial statements

DERIVE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DERIVE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 60 45

DERIVE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,240
At 31 December 2023 1,240
Depreciation
At 01 January 2023 310
Charge for year 233
At 31 December 2023 543
Net book value
At 31 December 2023 697
At 31 December 2022 930

DERIVE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

DERIVE CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Taxes and Social Security - £33,560 Loan from Directors - £1,244 Other Creditors - £68,986