REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Period |
23rd January 2023 to 28th February 2024 |
for |
Chime Care Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Period |
23rd January 2023 to 28th February 2024 |
for |
Chime Care Limited |
Chime Care Limited (Registered number: 14611389) |
Contents of the Financial Statements |
For The Period 23rd January 2023 to 28th February 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chime Care Limited |
Company Information |
For The Period 23rd January 2023 to 28th February 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
4 Old Market Place |
Ripon |
North Yorkshire |
HG4 1EQ |
Chime Care Limited (Registered number: 14611389) |
Balance Sheet |
28th February 2024 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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 were approved by the director and authorised for issue on |
Chime Care Limited (Registered number: 14611389) |
Notes to the Financial Statements |
For The Period 23rd January 2023 to 28th February 2024 |
1. | STATUTORY INFORMATION |
Chime Care Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions as a wholly owned subsidiary within a small group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable for the provision of services to private and public sector customers. Turnover from care services is recognised at the point the company fulfils its commercial obligations to the customer, the turnover and costs in respect of the transaction can be measured reliably and collectability is reasonably assured. This is usually at the point of delivery of service to the customer. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
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. |
Chime Care Limited (Registered number: 14611389) |
Notes to the Financial Statements - continued |
For The Period 23rd January 2023 to 28th February 2024 |
2. | ACCOUNTING POLICIES - continued |
Going concern |
At 28th February 2024 the company had net current liabilities of £97,206, which included £101,419 due to its parent company Curamus Maxime Limited. The director has assessed the ability of the company to continue as a going concern. The cashflow forecast of the company illustrates that the company has sufficient liquid resources to meet its liabilities as they fall due for payment other than the £101,419 due to its parent company. The director has received assurances form its' parent company that the company will not be required to repay the balance of the loan without further funding being made available to the company to pay its liabilities as they fall due for payment. On this basis the director has concluded that the financial statements should be prepared on the going concern basis. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
Accrued income |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to parent undertaking |
Social security and other taxes |
Other creditors |
Directors' current accounts |
Accrued expenses |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1.00 | 100 |
The company issued 100 Ordinary shares at incorporation date 23 January 2023. The shares were issued wholly for cash and were fully paid up when they were issued. |