REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
for |
Simicare Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
for |
Simicare Limited |
Simicare Limited (Registered number: 05582027) |
Contents of the Financial Statements |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Simicare Limited |
Company Information |
for the Year Ended 30 April 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Office 1 |
21 Hatherton Street |
Walsall |
WS4 2LA |
Simicare Limited (Registered number: 05582027) |
Balance Sheet |
30 April 2024 |
30.4.24 | 30.4.23 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
Simicare Limited (Registered number: 05582027) |
Balance Sheet - continued |
30 April 2024 |
The director acknowledges her 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. |
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 |
Simicare Limited (Registered number: 05582027) |
Notes to the Financial Statements |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
Simicare Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover comprises the invoiced value of services supplied by the company. |
Goodwill |
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Simicare Limited (Registered number: 05582027) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 May 2023 |
and 30 April 2024 |
AMORTISATION |
At 1 May 2023 |
Charge for year |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 30 April 2023 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 May 2023 |
Additions |
At 30 April 2024 |
DEPRECIATION |
At 1 May 2023 |
Charge for year |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 30 April 2023 |
6. | FIXED ASSET INVESTMENTS |
Fixed asset investment shown as per statement as on 30-04-2024. |
Simicare Limited (Registered number: 05582027) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.24 | 30.4.23 |
£ | £ |
Trade debtors | ( |
) |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.24 | 30.4.23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.4.24 | 30.4.23 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 648,562 | 695,419 |
Simicare Limited (Registered number: 05582027) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
10. | RELATED PARTY DISCLOSURES |
As of 30 April 2024, the company was owed by the following companies: |
1. £142,528 by The Laurels Nursing Home (Hastings) Limited ('The Laurels') |
2. £380,000 by Mentmore Estates Limited ('Mentmore') |
3. £7,916 by Watts Healthcare Limited ('Watts') |
4. £100,000 by The Winnock Hotel (Drymen) Limited ('The Winnock') |
5. £130,000 by Assura Hospitality Limited ('Assura') |
The company also owed £378,242 to Jeeves Estates Ltd ('Jeeves'). |
Interest is charged at 2% and the loan is repayable on demand. |
Mr JS Thind (Mrs BG Thind's husband) was a director of Mentmore, Watts and Jeeves as of 30 April 2024. |
Mrs BG Thind was a director of The Laurels as of 30 April 2024. |
Mrs BG Thind and Mr JS Thind were directors of The Winnock and Assura as of 30 April 2024. |
11. | ULTIMATE CONTROLLING PARTY |
The company's ultimate controlling party is Mrs BG Thind. |