Company Registration No. 04958073 (England and Wales)
CareEast Limited
Unaudited accounts
for the year ended 31 March 2024
CareEast Limited
Unaudited accounts
Contents
CareEast Limited
Company Information
for the year ended 31 March 2024
Directors
David Garrett
Debra Garrett
Company Number
04958073 (England and Wales)
Registered Office
Point House
Swaffham Road
Narborough
King's Lynn
Norfolk
PE32 1TB
England
CareEast Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,000,630
2,010,046
Cash at bank and in hand
86,159
126,153
Creditors: amounts falling due within one year
(137,830)
(132,670)
Net current assets
23,854
9,811
Net assets
2,024,484
2,019,857
Called up share capital
100
100
Revaluation reserve
396,926
396,926
Profit and loss account
1,627,458
1,622,831
Shareholders' funds
2,024,484
2,019,857
For the year ending 31 March 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 26 June 2024 and were signed on its behalf by
David Garrett
Director
Company Registration No. 04958073
CareEast Limited
Notes to the Accounts
for the year ended 31 March 2024
CareEast Limited is a private company, limited by shares, registered in England and Wales, registration number 04958073. The registered office is Point House, Swaffham Road, Narborough, King's Lynn, Norfolk, PE32 1TB, England.
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:
Land & buildings
No Depreciation
Plant & machinery
15% Reducing Balance
Motor vehicles
25 % Straight Line
Fixtures & fittings
20% Reducing Balance
Computer equipment
25 % Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
1,955,836
146,805
8,150
17,762
577
2,129,130
At 31 March 2024
1,955,836
146,805
8,150
17,762
577
2,129,130
At 1 April 2023
-
106,510
679
11,811
84
119,084
Charge for the year
-
6,044
2,038
1,190
144
9,416
At 31 March 2024
-
112,554
2,717
13,001
228
128,500
At 31 March 2024
1,955,836
34,251
5,433
4,761
349
2,000,630
At 31 March 2023
1,955,836
40,295
7,471
5,951
493
2,010,046
CareEast Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
67,171
-
Accrued income and prepayments
645
9,107
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
56,111
34,915
Taxes and social security
28,417
52,135
Other creditors
52,984
44,961
Loans from directors
318
659
7
Average number of employees
During the year the average number of employees was 43 (2023: 43).