Company Registration No. 05368973 (England and Wales)
SPRING MEADOWS (CARE) LIMITED
Unaudited accounts
for the year ended 31 October 2023
SPRING MEADOWS (CARE) LIMITED
Unaudited accounts
Contents
SPRING MEADOWS (CARE) LIMITED
Company Information
for the year ended 31 October 2023
Directors
Mani Gandan Neelamegan
MUTHUKKUMAAR GNANAVEL
KANNAN MUTHUVAIRAVAN
Company Number
05368973 (England and Wales)
Registered Office
66-68 CECIL STREET
MANSELTON
SWANSEA
SA5 8QH
WALES
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
SPRING MEADOWS (CARE) LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
653,461
639,171
Cash at bank and in hand
22,892
49,417
Creditors: amounts falling due within one year
(572,119)
(620,897)
Net current liabilities
(473,074)
(506,867)
Net assets
180,387
132,304
Called up share capital
1,000
1,000
Profit and loss account
179,387
131,304
Shareholders' funds
180,387
132,304
For the year ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2024 and were signed on its behalf by
Mani Gandan Neelamegan
Director
Company Registration No. 05368973
SPRING MEADOWS (CARE) LIMITED
Notes to the Accounts
for the year ended 31 October 2023
SPRING MEADOWS (CARE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05368973. The registered office is 66-68 CECIL STREET, MANSELTON, SWANSEA, SA5 8QH, WALES.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
SPRING MEADOWS (CARE) LIMITED
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
634,723
3,435
21,933
1,168
661,259
Additions
-
14,521
1,549
-
16,070
At 31 October 2023
634,723
17,956
23,482
1,168
677,329
At 1 November 2022
-
2,731
18,189
1,168
22,088
Charge for the year
-
282
1,498
-
1,780
At 31 October 2023
-
3,013
19,687
1,168
23,868
At 31 October 2023
634,723
14,943
3,795
-
653,461
At 31 October 2022
634,723
704
3,744
-
639,171
Amounts falling due within one year
Accrued income and prepayments
1,914
1,914
Other debtors
74,239
62,699
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
37,149
25,968
Loans from directors
419,315
583,211
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Average number of employees
During the year the average number of employees was 45 (2022: 31).