IRIS Accounts Production v24.3.0.553 11157197 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111571972023-03-31111571972024-03-31111571972023-04-012024-03-31111571972022-03-31111571972022-04-012023-03-31111571972023-03-3111157197ns15:EnglandWales2023-04-012024-03-3111157197ns14:PoundSterling2023-04-012024-03-3111157197ns10:Director12023-04-012024-03-3111157197ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111157197ns10:SmallEntities2023-04-012024-03-3111157197ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111157197ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111157197ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111157197ns10:FullAccounts2023-04-012024-03-3111157197ns10:RegisteredOffice2023-04-012024-03-3111157197ns5:CurrentFinancialInstruments2024-03-3111157197ns5:CurrentFinancialInstruments2023-03-3111157197ns5:Non-currentFinancialInstruments2024-03-3111157197ns5:Non-currentFinancialInstruments2023-03-3111157197ns5:ShareCapital2024-03-3111157197ns5:ShareCapital2023-03-3111157197ns5:RetainedEarningsAccumulatedLosses2024-03-3111157197ns5:RetainedEarningsAccumulatedLosses2023-03-3111157197ns5:PlantMachinery2023-04-012024-03-3111157197ns5:LandBuildings2023-03-3111157197ns5:PlantMachinery2023-03-3111157197ns5:LandBuildings2023-04-012024-03-3111157197ns5:LandBuildings2024-03-3111157197ns5:PlantMachinery2024-03-3111157197ns5:LandBuildings2023-03-3111157197ns5:PlantMachinery2023-03-3111157197ns5:CostValuation2023-03-3111157197ns5:DisposalsRepaymentsInvestments2024-03-3111157197ns5:CostValuation2024-03-3111157197ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111157197ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111157197ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3111157197ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3111157197ns5:WithinOneYear2024-03-3111157197ns5:WithinOneYear2023-03-3111157197ns5:BetweenOneFiveYears2024-03-3111157197ns5:BetweenOneFiveYears2023-03-3111157197ns5:MoreThanFiveYears2024-03-3111157197ns5:MoreThanFiveYears2023-03-3111157197ns5:AllPeriods2024-03-3111157197ns5:AllPeriods2023-03-3111157197ns5:Secured2024-03-3111157197ns5:Secured2023-03-31
REGISTERED NUMBER: 11157197 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 March 2024

for

Forevermore Care Group Ltd

Forevermore Care Group Ltd (Registered number: 11157197)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Forevermore Care Group Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A Gunning





REGISTERED OFFICE: Riverside Mill
Mountbatten Way
Congleton
Cheshire East
CW12 1DY





REGISTERED NUMBER: 11157197 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Forevermore Care Group Ltd (Registered number: 11157197)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 696,350 3,284
Investments 5 - 11,800
696,350 15,084

CURRENT ASSETS
Debtors 6 384,225 117,982
Cash at bank 316,025 295,603
700,250 413,585
CREDITORS
Amounts falling due within one
year

7

283,338

110,861
NET CURRENT ASSETS 416,912 302,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,113,262

317,808

CREDITORS
Amounts falling due after more
than one year

8

(492,703

)

-

PROVISIONS FOR LIABILITIES (11,469 ) -
NET ASSETS 609,090 317,808

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 609,089 317,807
SHAREHOLDERS' FUNDS 609,090 317,808

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.

Forevermore Care Group Ltd (Registered number: 11157197)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





A Gunning - Director


Forevermore Care Group Ltd (Registered number: 11157197)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Forevermore Care Group 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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.
Plant and machinery etc - 33% on cost

Buildings have not been depreciated in the accounts and this represents a departure from UK GAAP. This is because the director is of the opinion that to depreciate the asset would not result in a fair value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Forevermore Care Group Ltd (Registered number: 11157197)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 99 (2023 - 94 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 - 6,240 6,240
Additions 693,716 2,096 695,812
At 31 March 2024 693,716 8,336 702,052
DEPRECIATION
At 1 April 2023 - 2,956 2,956
Charge for year - 2,746 2,746
At 31 March 2024 - 5,702 5,702
NET BOOK VALUE
At 31 March 2024 693,716 2,634 696,350
At 31 March 2023 - 3,284 3,284

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 11,800
Disposals (11,800 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 11,800

6. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 134,575 112,250
Other debtors 249,650 4,932
384,225 117,182

Forevermore Care Group Ltd (Registered number: 11157197)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS - continued
31.3.24 31.3.23
£    £   
Amounts falling due after more than one year:
Amounts owed by associates - 800

Aggregate amounts 384,225 117,982

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 7,930 -
Taxation and social security 176,520 65,304
Other creditors 98,888 45,557
283,338 110,861

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 42,703 -
Other creditors 450,000 -
492,703 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 450,000 -

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 98,984 21,000
Between one and five years 266,490 12,000
In more than five years 66,075 -
431,549 33,000

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Other loans 450,000 -

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director owed the company £239,552 (2023: the company owed the director £37,199). The loan is repayable on demand and no security is given and no interest charged.

Forevermore Care Group Ltd (Registered number: 11157197)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

12. RELATED PARTY DISCLOSURES

During the year the company wrote off a balance owed by Digi IQ Ltd, a company under the control of the director.

13. ULTIMATE CONTROLLING PARTY

The company is considered to be under the control of the director who is the sole shareholder.