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REGISTERED NUMBER: 02583453 (England and Wales)


















CWMDARE HOME LTD.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CWMDARE HOME LTD. (REGISTERED NUMBER: 02583453)

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


CWMDARE HOME LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S Purbey
U Kumar
G Saha
R P Saha
C Rani





SECRETARY: S Purbey





REGISTERED OFFICE: Aspen House Nursing Home
37 Coedpenmaen Road
Trallwn
Pontypridd
Rhondda Cynon Taff
CF37 4LR





REGISTERED NUMBER: 02583453 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP)
Limited liability partnership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

CWMDARE HOME LTD. (REGISTERED NUMBER: 02583453)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 407,199 393,503

CURRENT ASSETS
Stocks 1,260 720
Debtors 5 140,487 120,031
Cash at bank and in hand 914,353 939,929
1,056,100 1,060,680
CREDITORS
Amounts falling due within one year 6 (179,532 ) (141,702 )
NET CURRENT ASSETS 876,568 918,978
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,283,767

1,312,481

CREDITORS
Amounts falling due after more than one
year

7

(60,750

)

(60,750

)

PROVISIONS FOR LIABILITIES (18,757 ) (13,235 )
NET ASSETS 1,204,260 1,238,496

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Capital redemption reserve 1,000 1,000
Retained earnings 1,202,260 1,236,496
SHAREHOLDERS' FUNDS 1,204,260 1,238,496

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 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2025 and were signed on its behalf by:



R P Saha - Director


CWMDARE HOME LTD. (REGISTERED NUMBER: 02583453)

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


1. STATUTORY INFORMATION

Cwmdare Home 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Turnover
Turnover represents amounts due in respect of the provision of nursing home accommodation and ancillary services during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and property - 2% & 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Freehold land, which is included in freehold property, is not depreciated.

Stocks
Stock has been estimated by the directors.

Current tax
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at 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 and to employees personal pension schemes are charged to the profit and loss account in the period to which they relate.

CWMDARE HOME LTD. (REGISTERED NUMBER: 02583453)

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


2. ACCOUNTING POLICIES - continued

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

Financial instruments
Basic financial instruments are recognised at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 70 (2023 - 58 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Land and Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 April 2023 627,652 254,479 150,822 1,032,953
Additions - 4,620 39,893 44,513
At 31 March 2024 627,652 259,099 190,715 1,077,466
DEPRECIATION
At 1 April 2023 278,405 225,758 135,287 639,450
Charge for year 9,735 11,241 9,841 30,817
At 31 March 2024 288,140 236,999 145,128 670,267
NET BOOK VALUE
At 31 March 2024 339,512 22,100 45,587 407,199
At 31 March 2023 349,247 28,721 15,535 393,503

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 73,906 59,725
Amounts owed by associates 56,620 56,355
Prepayments and accrued income 9,961 3,951
140,487 120,031

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 52,175 34,248
Corporation tax 31,273 35,210
Social security and other taxes 17,259 25,027
Other creditors 4,287 4,531
Accruals and deferred income 74,538 42,686
179,532 141,702

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Directors' loan accounts 60,750 60,750

CWMDARE HOME LTD. (REGISTERED NUMBER: 02583453)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class Nominal 2024 2023
value £    £   
1000 OA shares £0.50 500 500
1000 BA shares £0.50 500 500
1,000 1,000