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REGISTERED NUMBER: 08730920 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

NUCARE MAINTENANCE LTD

NUCARE MAINTENANCE LTD (REGISTERED NUMBER: 08730920)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NUCARE MAINTENANCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J Ullah





SECRETARY: Ms T Terry





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 08730920 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

NUCARE MAINTENANCE LTD (REGISTERED NUMBER: 08730920)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 489 658

CURRENT ASSETS
Stocks 5 200 200
Debtors 6 12,096 21,479
Cash at bank 1,790 967
14,086 22,646
CREDITORS
Amounts falling due within one year 7 9,804 15,762
NET CURRENT ASSETS 4,282 6,884
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,771

7,542

CREDITORS
Amounts falling due after more than one
year

8

(2,356

)

(4,189

)

PROVISIONS FOR LIABILITIES 9 (93 ) (125 )
NET ASSETS 2,322 3,228

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,320 3,226
SHAREHOLDERS' FUNDS 2,322 3,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2024 and were signed by:




J Ullah - Director


NUCARE MAINTENANCE LTD (REGISTERED NUMBER: 08730920)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Nucare Maintenance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.

The validity of the going concern basis depends upon the continued support of the company bankers and company director.

Turnover
Turnover represents amounts receivable for the installation and maintenance of fire safety equipment.

Revenue from the sale of goods is recognised when the significant risks and rewards and ownership of the goods have been passed to the buyer (usually on dispatch of goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transactions will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from the sale of services is recognised by reference to the stage of completion and when the costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 25% on reducing balance
Furniture,fittings & equipment - 25% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

NUCARE MAINTENANCE LTD (REGISTERED NUMBER: 08730920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant & Furniture,fittings Computer
machinery & equipment equipment Totals
£    £    £    £   
COST
At 1 April 2023 1,400 2,431 1,820 5,651
Additions - - 250 250
Disposals - - (342 ) (342 )
At 31 March 2024 1,400 2,431 1,728 5,559
DEPRECIATION
At 1 April 2023 1,152 2,249 1,592 4,993
Charge for year 62 46 83 191
Eliminated on disposal - - (114 ) (114 )
At 31 March 2024 1,214 2,295 1,561 5,070
NET BOOK VALUE
At 31 March 2024 186 136 167 489
At 31 March 2023 248 182 228 658

5. STOCKS
2024 2023
£    £   
Stocks 200 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 201 3,792
Directors' current accounts - 5,702
Tax 1,853 1,853
CIS tax 9,748 9,580
Prepayments 294 552
12,096 21,479

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,833 1,788
Trade creditors 851 49
Tax 2,835 8,104
VAT - 3,031
Natwest credit card 1,915 1,508
Accrued expenses 2,370 1,282
9,804 15,762

NUCARE MAINTENANCE LTD (REGISTERED NUMBER: 08730920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 1,879 1,833
Bank loans - 2-5 years 477 2,356
2,356 4,189

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 93 125

Deferred
tax
£   
Balance at 1 April 2023 125
Provided during year (32 )
Balance at 31 March 2024 93

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
J Ullah
Balance outstanding at start of year 5,702 5,702
Amounts repaid (5,702 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,702