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Financial Statements |
Contents |
Pages |
Strategic report |
1 to 2 |
Director's report |
3 to 4 |
Independent auditor's report to the member |
5 to 9 |
Statement of income and retained earnings |
10 |
Statement of financial position |
11 |
Statement of cash flows |
12 |
Notes to the financial statements |
13 to 18 |
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Strategic Report |
2024 | 2023 | 2022 | ||
£ | £ | £ | ||
Turnover | 1,731,053 | 1,615,703 | 1,917,541 | |
Gross profit margin | 33 | 27 | 30 | |
Profit/(loss) before tax | 2,134,943 | 318,987 | 450,406 | |
Net assets | 3,869,213 | 6,158,364 | 5,949,464 | |
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Director |
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Registered office: |
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Director's Report |
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Director |
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Registered office: |
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Independent Auditor's Report to the Member of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered Certified Accountants & statutory auditor |
2 Chesterfield Buildings |
Westbourne Place |
Clifton |
Bristol |
BS8 1RU |
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Statement of Income and Retained Earnings |
2024 |
2023 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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Gross profit |
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Administrative expenses |
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Other operating income |
5 |
– |
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Operating (loss)/profit |
6 |
(
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Other interest receivable and similar income |
9 |
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(Loss)/profit before taxation |
(
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Tax on (loss)/profit |
10 |
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(Loss)/profit for the financial year and total comprehensive income |
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Dividends paid and payable |
11 |
(
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Retained earnings at the start of the year |
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Retained earnings at the end of the year |
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Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Tangible assets |
12 |
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Debtors |
13 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
14 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Called up share capital |
17 |
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Profit and loss account |
18 |
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Shareholder funds |
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Director |
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Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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(Loss)/profit for the financial year |
(
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Adjustments for: |
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Depreciation of tangible assets |
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Government grant income |
– |
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Other interest receivable and similar income |
(
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(
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Tax on (loss)/profit |
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Accrued expenses/(income) |
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(
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Changes in: |
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Trade and other debtors |
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Trade and other creditors |
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Cash generated from operations |
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(
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Interest received |
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Tax paid |
(
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(
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Net cash from/(used in) operating activities |
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(
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Purchase of tangible assets |
(
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(
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Net cash used in investing activities |
(
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(
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Government grant income |
– |
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Dividends paid |
(
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(
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Net cash used in financing activities |
(
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(
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
659,719 |
1,946,874 |
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Cash and cash equivalents at end of year |
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Notes to the Financial Statements |
Fixtures & fittings |
- |
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Motor vehicles |
- |
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Equipment |
- |
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2024 |
2023 |
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£ |
£ |
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Rendering of services |
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2024 |
2023 |
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£ |
£ |
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Government grant income |
– |
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-------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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Impairment of trade debtors |
2,547,017 |
35 |
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2024 |
2023 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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------- |
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2024 |
2023 |
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No. |
No. |
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Number of directors |
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Number of care staff, care managers, care co-ordinators & administrative staff |
58
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65
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Other pension costs |
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2024 |
2023 |
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£ |
£ |
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Interest on cash and cash equivalents |
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Interest receivable on advance to director |
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-------- |
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-------- |
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2024 |
2023 |
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£ |
£ |
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UK current tax expense |
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-------- |
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Tax on (loss)/profit |
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2024 |
2023 |
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£ |
£ |
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(Loss)/profit on ordinary activities before taxation |
(
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(Loss)/profit on ordinary activities by rate of tax |
(
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Effect of expenses not deductible for tax purposes |
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Effect of capital allowances and depreciation |
(
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(
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Tax on (loss)/profit |
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2024 |
2023 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
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Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1st May 2023 |
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Additions |
– |
– |
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At 30th April 2024 |
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Depreciation |
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At 1st May 2023 |
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Charge for the year |
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At 30th April 2024 |
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Carrying amount |
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At 30th April 2024 |
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At 30th April 2023 |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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Director's loan account |
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Other debtors |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Government grants recognised directly in income |
– |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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---- |
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At 1 May 2023 |
Cash flows |
At 30 Apr 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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280,803 |
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