Mercia Care Homes (Holdings) Limited 04790315 true 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true Graham Maguire Elizabeth Maguire 04790315 2023-05-01 2024-04-30 04790315 2024-04-30 04790315 core:RetainedEarningsAccumulatedLosses 2024-04-30 04790315 core:CurrentFinancialInstruments 2024-04-30 04790315 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 04790315 bus:FRS102 2023-05-01 2024-04-30 04790315 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04790315 bus:FullAccounts 2023-05-01 2024-04-30 04790315 bus:RegisteredOffice 2023-05-01 2024-04-30 04790315 bus:Director1 2023-05-01 2024-04-30 04790315 bus:Director2 2023-05-01 2024-04-30 04790315 bus:EntityNoLongerTradingButTradedInPast 2023-05-01 2024-04-30 04790315 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04790315 core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 04790315 countries:AllCountries 2023-05-01 2024-04-30 04790315 2022-05-01 2023-04-30 04790315 2023-04-30 04790315 core:RetainedEarningsAccumulatedLosses 2023-04-30 04790315 core:CurrentFinancialInstruments 2023-04-30 04790315 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 04790315

Mercia Care Homes (Holdings) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Mercia Care Homes (Holdings) Limited

Contents

Statement of Comprehensive Income

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 4

 

Mercia Care Homes (Holdings) Limited

Statement of Comprehensive Income for the Year Ended 30 April 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Mercia Care Homes (Holdings) Limited

(Registration number: 04790315)
Statement of Financial Position as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

300,234

300,234

Creditors: Amounts falling due within one year

5

(34)

(34)

Net assets

 

300,200

300,200

Capital and reserves

 

Profit and loss account

6

300,200

300,200

Shareholders' funds

 

300,200

300,200

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 24 January 2025 and signed on its behalf by:
 

.........................................
Graham Maguire
Director

 

Mercia Care Homes (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
10 Royal Crescent
Weston-super-Mare
Somerset
BS23 2AX

Principal activity

The principal activity of the company is that of a holding company.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Mercia Care Homes (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Debtors

Current

2024
£

2023
£

Other debtors

300,234

300,234

 

300,234

300,234

5

Creditors

2024
£

2023
£

Due within one year

Trade creditors

34

34

6

Reserves

Profit and loss account

This reserve records retained earnings and accumulated losses.