Company Registration No. 12063997 (England and Wales)
Serve Home Care Ltd.
Unaudited accounts
for the year ended 30 June 2024
Serve Home Care Ltd.
Unaudited accounts
Contents
Serve Home Care Ltd.
Company Information
for the year ended 30 June 2024
Directors
Cameron Curtis Cormano
Harpreet Singh Sidhu
Company Number
12063997 (England and Wales)
Registered Office
The Old Bank
162 High Street
Stevenage
Hertfordshire
SG1 3LL
Accountants
striveX Ltd
Beacon House
Ibstone Road
Stokenchurch
Buckinghamshire
HP14 3FE
Serve Home Care Ltd.
Statement of financial position
as at 30 June 2024
Tangible assets
5,387
9,361
Cash at bank and in hand
179,800
106,508
Creditors: amounts falling due within one year
(109,221)
(60,321)
Net current assets
168,834
108,610
Net assets
174,221
117,971
Called up share capital
1
1
Capital redemption reserve
(45,500)
(16,250)
Profit and loss account
219,720
134,220
Shareholders' funds
174,221
117,971
For the year ending 30 June 2024 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 4 November 2024 and were signed on its behalf by
Cameron Curtis Cormano
Director
Company Registration No. 12063997
Serve Home Care Ltd.
Notes to the Accounts
for the year ended 30 June 2024
Serve Home Care Ltd. is a private company, limited by shares, registered in England and Wales, registration number 12063997. The registered office is The Old Bank, 162 High Street, Stevenage, Hertfordshire, SG1 3LL.
2
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:
Motor vehicles
25% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost,
Serve Home Care Ltd.
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
-
9,500
-
9,555
19,055
Additions
-
-
802
1,535
2,337
Disposals
(2,807)
-
-
-
(2,807)
At 30 June 2024
(2,807)
9,500
802
11,090
18,585
At 1 July 2023
-
7,125
-
2,569
9,694
Charge for the year
-
2,375
160
1,657
4,192
On disposals
(688)
-
-
-
(688)
At 30 June 2024
(688)
9,500
160
4,226
13,198
At 30 June 2024
(2,119)
-
642
6,864
5,387
At 30 June 2023
-
2,375
-
6,986
9,361
Amounts falling due within one year
Trade debtors
87,281
43,481
Other debtors
10,974
18,942
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
77,279
35,257
Other creditors
3,189
2,395
Loans from directors
19,500
21,294
7
Operating lease commitments
2024
2023
At 30 June 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
15,000
15,000
Later than one year and not later than five years
10,000
15,000
Serve Home Care Ltd.
Notes to the Accounts
for the year ended 30 June 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
-
4,500
-
4,500
The loan is unsecured and no interest was applied to the loan. The loan was repaid in full on 30th October 2024
9
Average number of employees
During the year the average number of employees was 51 (2023: 34).