IRIS Accounts Production v24.3.0.553 08667052 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086670522023-02-28086670522024-02-29086670522023-03-012024-02-29086670522022-02-28086670522022-03-012023-02-28086670522023-02-2808667052ns15:EnglandWales2023-03-012024-02-2908667052ns14:PoundSterling2023-03-012024-02-2908667052ns10:Director12023-03-012024-02-2908667052ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2908667052ns10:SmallEntities2023-03-012024-02-2908667052ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2908667052ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2908667052ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2908667052ns10:FullAccounts2023-03-012024-02-2908667052ns10:Director22023-03-012024-02-2908667052ns10:RegisteredOffice2023-03-012024-02-2908667052ns5:CurrentFinancialInstruments2024-02-2908667052ns5:CurrentFinancialInstruments2023-02-2808667052ns5:Non-currentFinancialInstruments2024-02-2908667052ns5:Non-currentFinancialInstruments2023-02-2808667052ns5:ShareCapital2024-02-2908667052ns5:ShareCapital2023-02-2808667052ns5:RetainedEarningsAccumulatedLosses2024-02-2908667052ns5:RetainedEarningsAccumulatedLosses2023-02-2808667052ns5:LeaseholdImprovements2023-02-2808667052ns5:PlantMachinery2023-02-2808667052ns5:FurnitureFittings2023-02-2808667052ns5:LeaseholdImprovements2023-03-012024-02-2908667052ns5:PlantMachinery2023-03-012024-02-2908667052ns5:FurnitureFittings2023-03-012024-02-2908667052ns5:LeaseholdImprovements2024-02-2908667052ns5:PlantMachinery2024-02-2908667052ns5:FurnitureFittings2024-02-2908667052ns5:LeaseholdImprovements2023-02-2808667052ns5:PlantMachinery2023-02-2808667052ns5:FurnitureFittings2023-02-2808667052ns5:MotorVehicles2023-02-2808667052ns5:ComputerEquipment2023-02-2808667052ns5:MotorVehicles2023-03-012024-02-2908667052ns5:ComputerEquipment2023-03-012024-02-2908667052ns5:MotorVehicles2024-02-2908667052ns5:ComputerEquipment2024-02-2908667052ns5:MotorVehicles2023-02-2808667052ns5:ComputerEquipment2023-02-2808667052ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2908667052ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28086670521ns10:Director12023-02-28086670521ns10:Director12022-02-28086670521ns10:Director12023-03-012024-02-29086670521ns10:Director12022-03-012023-02-28086670521ns10:Director12024-02-29086670521ns10:Director12023-02-2808667052ns10:Director222023-02-2808667052ns10:Director222022-02-2808667052ns10:Director222023-03-012024-02-2908667052ns10:Director222022-03-012023-02-2808667052ns10:Director222024-02-2908667052ns10:Director222023-02-28
REGISTERED NUMBER: 08667052 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Aingarth Rest Home Limited

Aingarth Rest Home Limited (Registered number: 08667052)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Aingarth Rest Home Limited

Company Information
for the year ended 29 February 2024







DIRECTORS: Mrs S A Jack
Mrs J L Jones





REGISTERED OFFICE: 50 Brompton Avenue
Rhos-On-Sea
Colwyn Bay
CONWY
LL28 4TP





REGISTERED NUMBER: 08667052 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD

Aingarth Rest Home Limited (Registered number: 08667052)

Balance Sheet
29 February 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 154,440 93,227

CURRENT ASSETS
Debtors 5 112,921 68,577
Cash at bank and in hand 6,209 22,668
119,130 91,245
CREDITORS
Amounts falling due within one year 6 (118,300 ) (78,588 )
NET CURRENT ASSETS 830 12,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,270

105,884

CREDITORS
Amounts falling due after more than one year 7 (76,817 ) (22,500 )

PROVISIONS FOR LIABILITIES (14,176 ) (2,498 )
NET ASSETS 64,277 80,886

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 64,177 80,786
64,277 80,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by:





Mrs S A Jack - Director


Aingarth Rest Home Limited (Registered number: 08667052)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Aingarth Rest Home Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

Aingarth Rest Home Limited (Registered number: 08667052)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and
to property machinery fittings
£ £ £
COST
At 1 March 2023 75,969 - 57,065
Additions - 32,498 -
At 29 February 2024 75,969 32,498 57,065
DEPRECIATION
At 1 March 2023 - - 45,388
Charge for year - 1,300 2,920
At 29 February 2024 - 1,300 48,308
NET BOOK VALUE
At 29 February 2024 75,969 31,198 8,757
At 28 February 2023 75,969 - 11,677

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 March 2023 2,540 7,283 142,857
Additions 44,990 784 78,272
At 29 February 2024 47,530 8,067 221,129
DEPRECIATION
At 1 March 2023 1,468 2,774 49,630
Charge for year 11,516 1,323 17,059
At 29 February 2024 12,984 4,097 66,689
NET BOOK VALUE
At 29 February 2024 34,546 3,970 154,440
At 28 February 2023 1,072 4,509 93,227

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 112,921 68,577

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts 5,577 -
Taxation and social security 97,740 61,611
Other creditors 14,983 16,977
118,300 78,588

Aingarth Rest Home Limited (Registered number: 08667052)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Hire purchase contracts 35,834 -
Other creditors 40,983 22,500
76,817 22,500

8. SECURED DEBTS

On the 1 February 2016 a legal charge was created in favour of both Santander Bank UK Plc and H & A Care Ltd over all property and undertaking of the Company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£ £
Mrs S A Jack
Balance outstanding at start of year 68,577 75,806
Amounts advanced 106,445 70,770
Amounts repaid (69,000 ) (77,999 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 106,022 68,577

Mrs J L Jones
Balance outstanding at start of year - -
Amounts advanced 6,900 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,900 -

Interest was charged on the above outstanding balance in accordance with HMRC recommended rates.

The above loan balance was repaid within 9 months of the financial year end.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Aingarth Rest Home Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aingarth Rest Home Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Aingarth Rest Home Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aingarth Rest Home Limited and state those matters that we have agreed to state to the Board of Directors of Aingarth Rest Home Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aingarth Rest Home Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aingarth Rest Home Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aingarth Rest Home Limited. You consider that Aingarth Rest Home Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aingarth Rest Home Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


13 November 2024