Bristol Quality Care Limited 08519427 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is social work activities without accommodation for the elderly and disabled Digita Accounts Production Advanced 6.30.9574.0 true false true true 08519427 2023-06-01 2024-05-31 08519427 2024-05-31 08519427 bus:OrdinaryShareClass1 2024-05-31 08519427 bus:OrdinaryShareClass2 2024-05-31 08519427 core:CurrentFinancialInstruments 2024-05-31 08519427 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 08519427 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 08519427 core:OtherResidualIntangibleAssets 2024-05-31 08519427 core:AdditionsToInvestments 2024-05-31 08519427 core:CostValuation 2024-05-31 08519427 core:FurnitureFittingsToolsEquipment 2024-05-31 08519427 core:MotorVehicles 2024-05-31 08519427 core:AllSubsidiaries 2024-05-31 08519427 bus:SmallEntities 2023-06-01 2024-05-31 08519427 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08519427 bus:FilletedAccounts 2023-06-01 2024-05-31 08519427 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08519427 bus:RegisteredOffice 2023-06-01 2024-05-31 08519427 bus:Director2 2023-06-01 2024-05-31 08519427 bus:Director3 2023-06-01 2024-05-31 08519427 bus:Director4 2023-06-01 2024-05-31 08519427 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 08519427 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 08519427 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08519427 core:LicencesFranchises 2023-06-01 2024-05-31 08519427 core:FurnitureFittings 2023-06-01 2024-05-31 08519427 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 08519427 core:MotorVehicles 2023-06-01 2024-05-31 08519427 core:OfficeEquipment 2023-06-01 2024-05-31 08519427 core:PlantMachinery 2023-06-01 2024-05-31 08519427 core:AllSubsidiaries 2023-06-01 2024-05-31 08519427 core:AllSubsidiaries core:RenderingOrReceivingServices 2023-06-01 2024-05-31 08519427 core:Subsidiary1 2023-06-01 2024-05-31 08519427 core:Subsidiary1 1 2023-06-01 2024-05-31 08519427 core:Subsidiary1 countries:AllCountries 2023-06-01 2024-05-31 08519427 countries:AllCountries 2023-06-01 2024-05-31 08519427 2023-05-31 08519427 core:OtherResidualIntangibleAssets 2023-05-31 08519427 core:CostValuation 2023-05-31 08519427 core:FurnitureFittingsToolsEquipment 2023-05-31 08519427 core:MotorVehicles 2023-05-31 08519427 core:AllSubsidiaries 2023-05-31 08519427 2022-06-01 2023-05-31 08519427 2023-05-31 08519427 bus:OrdinaryShareClass1 2023-05-31 08519427 bus:OrdinaryShareClass2 2023-05-31 08519427 core:CurrentFinancialInstruments 2023-05-31 08519427 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 08519427 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 08519427 core:FurnitureFittingsToolsEquipment 2023-05-31 08519427 core:MotorVehicles 2023-05-31 08519427 core:AllSubsidiaries 2023-05-31 08519427 bus:OrdinaryShareClass2 2022-06-01 2023-05-31 08519427 core:AllSubsidiaries 2022-06-01 2023-05-31 08519427 core:AllSubsidiaries core:RenderingOrReceivingServices 2022-06-01 2023-05-31 08519427 core:Subsidiary1 1 2022-06-01 2023-05-31 08519427 2022-05-31 08519427 core:AllSubsidiaries 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08519427

Bristol Quality Care Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Bristol Quality Care Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 11

 

Bristol Quality Care Limited

Company Information

Directors

Mr Paul Trinder

Mr Thomas Tadeusz Trinder

Mrs Kathryn Trinder

Registered office

11 Alma Vale Road
Clifton
Bristol
BS8 2HL

Accountants

PRWS (Bristol) Limited
Chartered Certified Accountants
11 Alma Vale Road
Clifton
Bristol
BS8 2HL

 

Bristol Quality Care Limited

(Registration number: 08519427)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

29,322

37,844

Investments

6

184,670

90,450

 

213,992

128,294

Current assets

 

Debtors

7

108,525

188,092

Cash at bank and in hand

 

78,093

10,757

 

186,618

198,849

Creditors: Amounts falling due within one year

8

(133,169)

(119,695)

Net current assets

 

53,449

79,154

Total assets less current liabilities

 

267,441

207,448

Creditors: Amounts falling due after more than one year

8

(10,556)

(13,222)

Provisions for liabilities

(13,429)

-

Net assets

 

243,456

194,226

Capital and reserves

 

Called up share capital

9

5,010

5,010

Retained earnings

238,446

189,216

Shareholders' funds

 

243,456

194,226

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 October 2024 and signed on its behalf by:
 

 

Bristol Quality Care Limited

(Registration number: 08519427)
Balance Sheet as at 31 May 2024

.........................................
Mr Paul Trinder
Director

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
11 Alma Vale Road
Clifton
Bristol
BS8 2HL
United Kingdom

The principal place of business is:
Unit 8
Eclipse Office Park
20 High Street
Staple Hill
Bristol
BS16 5EL

These financial statements were authorised for issue by the Board on 29 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and fixtures

20% per annum on a straight line basis

Plant and machinery

25% per annum on a straight line basis

Office equipment

25% per annum on a straight line basis

Motor vehicles

25% per annum on a reducing balance basis

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Intangible assets

10% per annum on a straight line basis

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 54 (2023 - 54).

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 June 2023

35,994

35,994

At 31 May 2024

35,994

35,994

Amortisation

At 1 June 2023

35,994

35,994

At 31 May 2024

35,994

35,994

Carrying amount

At 31 May 2024

-

-

Intangible asset recognised is in respect of the initial franchise fee paid for the 'Right at Home Bristol East' franchise.

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 June 2023

30,294

35,948

66,242

Additions

1,171

-

1,171

At 31 May 2024

31,465

35,948

67,413

Depreciation

At 1 June 2023

18,922

9,476

28,398

Charge for the year

3,075

6,618

9,693

At 31 May 2024

21,997

16,094

38,091

Carrying amount

At 31 May 2024

9,468

19,854

29,322

At 31 May 2023

11,372

26,472

37,844

6

Investments

2024
£

2023
£

Investments in subsidiaries

184,670

90,450

Subsidiaries

£

Cost or valuation

At 1 June 2023

90,450

Additions

94,220

At 31 May 2024

184,670

Provision

Carrying amount

At 31 May 2024

184,670

At 31 May 2023

90,450

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

Quality Care Bristol Limited

11 Alma Vale Road
Clifton
Bristol
BS8 2HL

England & Wales

Ord 'A' Share

49%

24%

Subsidiary undertakings

Quality Care Bristol Limited

The principal activity of Quality Care Bristol Limited is provision of training for social work activities.

7

Debtors

Current

2024
£

2023
£

Trade debtors

55,901

81,483

Prepayments

22,339

19,896

Other debtors

30,285

86,713

 

108,525

188,092

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

2,668

2,668

Trade creditors

 

19,116

16,638

Taxation and social security

 

17,071

12,843

Accruals and deferred income

 

80,842

84,718

Other creditors

 

13,472

2,828

 

133,169

119,695

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

10,556

13,222

9

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A share of £1 each

5,000

5,000

5,000

5,000

Ordinary B share of £1 each

10

10

10

10

5,010

5,010

5,010

5,010

10

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £872.00 (2023 - £1,320.00) per each Ordinary B share

8,720

13,200

 

 

11

Related party transactions

Summary of transactions with subsidiaries

Quality Care Bristol Limited
 

 

Bristol Quality Care Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Expenditure with and payables to related parties

2024

Subsidiary
£

Rendering of services

99,000

2023

Subsidiary
£

Rendering of services

97,200

Loans to related parties

2024

Subsidiary
£

Total
£

At start of period

78,792

78,792

Advanced

74,808

74,808

Repaid

(153,600)

(153,600)

At end of period

-

-

2023

Subsidiary
£

Total
£

At start of period

128,809

128,809

Advanced

75,213

75,213

Repaid

(125,230)

(125,230)

At end of period

78,792

78,792

Loans from related parties

2024

Subsidiary
£

Total
£

Advanced

9,897

9,897

At end of period

9,897

9,897