Bushby Care Ltd


FINANCIAL STATEMENTS


for the year ended 31st August 2024



Bushby Care Ltd

CONTENTS

for the year ended 31st August 2024







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Bushby Care Ltd

Company No. 05165842

STATEMENT OF FINANCIAL POSITION

as at 31st August 2024

20242023
Note£££
FIXED ASSETS
Property, plant and equipment511890981179720
11890981179720
CURRENT ASSETS
Debtors65373136689
Cash at bank and in hand5068353047
10441489736
CURRENT LIABILITIES
Creditors: amounts falling due
within one year73353237888
NET CURRENT ASSETS7088251848
TOTAL ASSETS LESS CURRENT LIABILITIES12599801231568
 
Creditors: amounts falling due
after more than one year--
 
Provisions for liabilities and charges
Deferred taxation6707567075
 
NET ASSETS11929051164493
 
CAPITAL AND RESERVES
Called up share capital100100
Retained earnings11928051164393
SHAREHOLDERS FUNDS11929051164493

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 31st August 2024 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 5 November 2024


K Alflatt

Director

Company Number 05165842 (England)

Bushby Care Ltd

NOTES TO THE ACCOUNTS

for the year ended 31st August 2024


1   Statutory information

Bushby Care Ltd is a private company limited by shares and registered under company number 05165842 in England. Its registered office address is 12 Hartherley Road, Sidcup, Kent, DA14 4DT.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildingsover 50 years straight line
Plant, machinery and vehicles20% - 25% reducing balance

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Pensions

The Company operates a defined contribution pension scheme. Contributions are charged to the Income Statement as they become payable in accordance with the rules of the scheme.

3   Employee information

The average number of employees during the accounting period was 25 (2023 - 24).

4   Intangible assets
£
Cost
At 1st September 2023 and
At 31st August 202470000
 
Amortisation
At 1st September 2023 and
At 31st August 202470000
 
Net Book Value
At 31st August 2024-
At 31st August 2023-

Intangible Fixed Assets are being written off in equal annual instalments over each asset's estimated economic life.


5   Property, plant and equipment
 
PlantFixtures
Land andandand
BuildingsMachineryFittingsTotal
££££
Cost
At 1st September 2023 8100002875804894421587022
Additions-55351-55351
At 31st August 20248100003429314894421642373
 
Depreciation
At 1st September 2023 2393047790890090407302
Charge for year14139119341990045973
At 31st August 202425344389842109990453275
 
Net Book Value
At 31st August 20245565572530893794521189098
At 31st August 20235706962096723993521179720

6   Debtors20242023
££
 
Trade Debtors84346291
Amounts owed by group undertakings and undertakings in which the
  Company has a participating interest4529729873
Other debtors-525
5373136689

7   Creditors: amounts falling due within one year20242023
££
 
Trade Creditors66722152
Corporation tax1365614379
Taxes and social security costs71976185
Other creditors600715172
3353237888

8   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20242023
££
 
K Alflatt2-
2-

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