2023-03-012024-02-292024-02-29false12463224SAXBY CARE LTD2024-11-2787300iso4217:GBPxbrli:pure124632242023-03-01124632242024-02-29124632242023-03-012024-02-29124632242022-03-01124632242023-02-28124632242022-03-012023-02-2812463224bus:SmallEntities2023-03-012024-02-2912463224bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2912463224bus:FullAccounts2023-03-012024-02-2912463224bus:PrivateLimitedCompanyLtd2023-03-012024-02-2912463224core:WithinOneYear2024-02-2912463224core:AfterOneYear2024-02-2912463224core:WithinOneYear2023-02-2812463224core:AfterOneYear2023-02-2812463224core:ShareCapital2024-02-2912463224core:SharePremium2024-02-2912463224core:RevaluationReserve2024-02-2912463224core:OtherReservesSubtotal2024-02-2912463224core:RetainedEarningsAccumulatedLosses2024-02-2912463224core:ShareCapital2023-02-2812463224core:SharePremium2023-02-2812463224core:RevaluationReserve2023-02-2812463224core:OtherReservesSubtotal2023-02-2812463224core:RetainedEarningsAccumulatedLosses2023-02-2812463224core:LandBuildings2024-02-2912463224core:PlantMachinery2024-02-2912463224core:Vehicles2024-02-2912463224core:FurnitureFittings2024-02-2912463224core:OfficeEquipment2024-02-2912463224core:NetGoodwill2024-02-2912463224core:IntangibleAssetsOtherThanGoodwill2024-02-2912463224core:ListedExchangeTraded2024-02-2912463224core:UnlistedNon-exchangeTraded2024-02-2912463224core:LandBuildings2023-02-2812463224core:PlantMachinery2023-02-2812463224core:Vehicles2023-02-2812463224core:FurnitureFittings2023-02-2812463224core:OfficeEquipment2023-02-2812463224core:NetGoodwill2023-02-2812463224core:IntangibleAssetsOtherThanGoodwill2023-02-2812463224core:ListedExchangeTraded2023-02-2812463224core:UnlistedNon-exchangeTraded2023-02-2812463224core:LandBuildings2023-03-012024-02-2912463224core:PlantMachinery2023-03-012024-02-2912463224core:Vehicles2023-03-012024-02-2912463224core:FurnitureFittings2023-03-012024-02-2912463224core:OfficeEquipment2023-03-012024-02-2912463224core:NetGoodwill2023-03-012024-02-2912463224core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912463224core:ListedExchangeTraded2023-03-012024-02-2912463224core:UnlistedNon-exchangeTraded2023-03-012024-02-2912463224core:MoreThanFiveYears2023-03-012024-02-2912463224core:Non-currentFinancialInstruments2024-02-2912463224core:Non-currentFinancialInstruments2023-02-2812463224dpl:CostSales2023-03-012024-02-2912463224dpl:DistributionCosts2023-03-012024-02-2912463224core:LandBuildings2023-03-012024-02-2912463224core:PlantMachinery2023-03-012024-02-2912463224core:Vehicles2023-03-012024-02-2912463224core:FurnitureFittings2023-03-012024-02-2912463224core:OfficeEquipment2023-03-012024-02-2912463224dpl:AdministrativeExpenses2023-03-012024-02-2912463224core:NetGoodwill2023-03-012024-02-2912463224core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912463224dpl:GroupUndertakings2023-03-012024-02-2912463224dpl:ParticipatingInterests2023-03-012024-02-2912463224dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2912463224core:ListedExchangeTraded2023-03-012024-02-2912463224dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2912463224core:UnlistedNon-exchangeTraded2023-03-012024-02-2912463224dpl:CostSales2022-03-012023-02-2812463224dpl:DistributionCosts2022-03-012023-02-2812463224core:LandBuildings2022-03-012023-02-2812463224core:PlantMachinery2022-03-012023-02-2812463224core:Vehicles2022-03-012023-02-2812463224core:FurnitureFittings2022-03-012023-02-2812463224core:OfficeEquipment2022-03-012023-02-2812463224dpl:AdministrativeExpenses2022-03-012023-02-2812463224core:NetGoodwill2022-03-012023-02-2812463224core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812463224dpl:GroupUndertakings2022-03-012023-02-2812463224dpl:ParticipatingInterests2022-03-012023-02-2812463224dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2812463224core:ListedExchangeTraded2022-03-012023-02-2812463224dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2812463224core:UnlistedNon-exchangeTraded2022-03-012023-02-2812463224core:NetGoodwill2024-02-2912463224core:IntangibleAssetsOtherThanGoodwill2024-02-2912463224core:LandBuildings2024-02-2912463224core:PlantMachinery2024-02-2912463224core:Vehicles2024-02-2912463224core:FurnitureFittings2024-02-2912463224core:OfficeEquipment2024-02-2912463224core:AfterOneYear2024-02-2912463224core:WithinOneYear2024-02-2912463224core:ListedExchangeTraded2024-02-2912463224core:UnlistedNon-exchangeTraded2024-02-2912463224core:ShareCapital2024-02-2912463224core:SharePremium2024-02-2912463224core:RevaluationReserve2024-02-2912463224core:OtherReservesSubtotal2024-02-2912463224core:RetainedEarningsAccumulatedLosses2024-02-2912463224core:NetGoodwill2023-02-2812463224core:IntangibleAssetsOtherThanGoodwill2023-02-2812463224core:LandBuildings2023-02-2812463224core:PlantMachinery2023-02-2812463224core:Vehicles2023-02-2812463224core:FurnitureFittings2023-02-2812463224core:OfficeEquipment2023-02-2812463224core:AfterOneYear2023-02-2812463224core:WithinOneYear2023-02-2812463224core:ListedExchangeTraded2023-02-2812463224core:UnlistedNon-exchangeTraded2023-02-2812463224core:ShareCapital2023-02-2812463224core:SharePremium2023-02-2812463224core:RevaluationReserve2023-02-2812463224core:OtherReservesSubtotal2023-02-2812463224core:RetainedEarningsAccumulatedLosses2023-02-2812463224core:NetGoodwill2022-03-0112463224core:IntangibleAssetsOtherThanGoodwill2022-03-0112463224core:LandBuildings2022-03-0112463224core:PlantMachinery2022-03-0112463224core:Vehicles2022-03-0112463224core:FurnitureFittings2022-03-0112463224core:OfficeEquipment2022-03-0112463224core:AfterOneYear2022-03-0112463224core:WithinOneYear2022-03-0112463224core:ListedExchangeTraded2022-03-0112463224core:UnlistedNon-exchangeTraded2022-03-0112463224core:ShareCapital2022-03-0112463224core:SharePremium2022-03-0112463224core:RevaluationReserve2022-03-0112463224core:OtherReservesSubtotal2022-03-0112463224core:RetainedEarningsAccumulatedLosses2022-03-0112463224core:AfterOneYear2023-03-012024-02-2912463224core:WithinOneYear2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2912463224core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2912463224core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2912463224core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2812463224core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2812463224core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2812463224bus:Director12023-03-012024-02-2912463224bus:Director22023-03-012024-02-2912463224core:FurnitureFittingsToolsEquipment2023-02-2812463224core:FurnitureFittingsToolsEquipment2023-03-012024-02-2912463224core:FurnitureFittingsToolsEquipment2024-02-29

SAXBY CARE LTD

Registered Number
12463224
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

SAXBY CARE LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

MAHAL, Avnit Singh, Dr
MAHAL, Daisy

Registered Address

Studio 4 224 Shoreditch High Street
London
E1 6PJ

Registered Number

12463224 (England and Wales)
SAXBY CARE LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3234,286292,857
Tangible assets4794,603795,086
1,028,8891,087,943
Current assets
Debtors90,42590,000
Cash at bank and on hand44,88177,962
135,306167,962
Creditors amounts falling due within one year5(404,108)(400,672)
Net current assets (liabilities)(268,802)(232,710)
Total assets less current liabilities760,087855,233
Creditors amounts falling due after one year6(759,032)(782,177)
Net assets1,05573,056
Capital and reserves
Called up share capital100100
Profit and loss account95572,956
Shareholders' funds1,05573,056
The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2024, and are signed on its behalf by:
MAHAL, Daisy
Director
Registered Company No. 12463224
SAXBY CARE LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year1313
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 March 23410,000410,000
At 29 February 24410,000410,000
Amortisation and impairment
At 01 March 23117,143117,143
Charge for year58,57158,571
At 29 February 24175,714175,714
Net book value
At 29 February 24234,286234,286
At 28 February 23292,857292,857
4.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 March 23785,9833,8528,450798,285
Additions--10,58610,586
At 29 February 24785,9833,85219,036808,871
Depreciation and impairment
At 01 March 23-1,0162,1833,199
Charge for year-1,4189,65111,069
At 29 February 24-2,43411,83414,268
Net book value
At 29 February 24785,9831,4187,202794,603
At 28 February 23785,9832,8366,267795,086
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-1,273
Taxation and social security19,64036,774
Other creditors382,768361,575
Accrued liabilities and deferred income1,7001,050
Total404,108400,672
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts759,032782,177
Total759,032782,177