Caseware UK (AP4) 2024.0.164 2024.0.164 2023-05-01truefalseNo description of principal activity292252trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI029457 2023-05-01 2024-04-30 NI029457 2022-05-01 2023-04-30 NI029457 2024-04-30 NI029457 2023-04-30 NI029457 c:Director1 2023-05-01 2024-04-30 NI029457 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 NI029457 d:Buildings d:LongLeaseholdAssets 2024-04-30 NI029457 d:Buildings d:LongLeaseholdAssets 2023-04-30 NI029457 d:PlantMachinery 2023-05-01 2024-04-30 NI029457 d:PlantMachinery 2024-04-30 NI029457 d:PlantMachinery 2023-04-30 NI029457 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 NI029457 d:FurnitureFittings 2023-05-01 2024-04-30 NI029457 d:FurnitureFittings 2024-04-30 NI029457 d:FurnitureFittings 2023-04-30 NI029457 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 NI029457 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 NI029457 d:CurrentFinancialInstruments 2024-04-30 NI029457 d:CurrentFinancialInstruments 2023-04-30 NI029457 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 NI029457 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 NI029457 d:ShareCapital 2024-04-30 NI029457 d:ShareCapital 2023-04-30 NI029457 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 NI029457 d:RetainedEarningsAccumulatedLosses 2024-04-30 NI029457 d:RetainedEarningsAccumulatedLosses 2023-04-30 NI029457 c:OrdinaryShareClass4 2023-05-01 2024-04-30 NI029457 c:OrdinaryShareClass5 2023-05-01 2024-04-30 NI029457 c:FRS102 2023-05-01 2024-04-30 NI029457 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 NI029457 c:FullAccounts 2023-05-01 2024-04-30 NI029457 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI029457 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 NI029457 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 NI029457 6 2023-05-01 2024-04-30 NI029457 3 2024-04-30 NI029457 3 2023-04-30 NI029457 f:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: NI029457










Nursing & Caring Direct Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 30 April 2024

 
Nursing & Caring Direct Limited
Registered number:NI029457

Balance Sheet
As at 30 April 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
2,070
3,026

  
2,070
3,026

Current assets
  

Stocks
 7 
523
426

Debtors: amounts falling due within one year
 8 
965,007
474,898

Current asset investments
  
1,960,935
-

Cash at bank and in hand
  
1,581,431
3,713,762

  
4,507,896
4,189,086

Creditors: amounts falling due within one year
 10 
(726,910)
(629,223)

Net current assets
  
 
 
3,780,986
 
 
3,559,863

Total assets less current liabilities
  
3,783,056
3,562,889

Provisions for liabilities
  

Deferred tax
 11 
-
(496)

  
 
 
-
 
 
(496)

Net assets
  
3,783,056
3,562,393


Capital and reserves
  

Called up share capital 
 12 
3
3

Profit and loss account
 13 
3,783,053
3,562,390

  
3,783,056
3,562,393


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Nursing & Caring Direct Limited
Registered number:NI029457

Balance Sheet (continued)
As at 30 April 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 January 2025.



................................................
Mr Liam O'Loane
Director

The notes on pages 3 to 10 form part of these financial statements.

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Nursing & Caring Direct Limited
 
 
Notes to the Financial Statements
For the Year Ended 30 April 2024

1.


General information

Nursing and Caring Direct Limited is a private company limited by shares incorporated in Northern Ireland within the United Kingdom. The registration number and address of the registered office are given in the company information section of these financial statements.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.


The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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Nursing & Caring Direct Limited
 

Notes to the Financial Statements
For the Year Ended 30 April 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Long-term leasehold improvements
-
20%
Straight line
Plant and machinery
-
15%
Straight line
Fixtures and fittings
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Fixed asset investments

Investments held as fixed assets are shown at cost less provision for impairment.  Investments are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable.  Impairments are calculated such that the carrying value of the fixed asset investment is the lower of its cost or recoverable amount.  Recoverable amount is the higher of its net realisable value and its value in use.  Investment income is recognised in the financial statements when the company becomes entitled to its share of profits from the fixed asset investment.

 
2.5

Stocks

Stocks are valued at the lower of cost and net realisable value, being the estimated selling price less costs to sell.  Cost is based on the cost of purchase.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

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Nursing & Caring Direct Limited
 

Notes to the Financial Statements
For the Year Ended 30 April 2024

2.Accounting policies (continued)

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.



3.


Going concern

The directors have considered the appropriateness of the going concern basis for the preparation of the accounts and confirm there are no material uncertainties that cast doubt on the Company's ability to continue as a going concern. 


4.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Admin staff
8
8



Temps
284
244

292
252

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Nursing & Caring Direct Limited
 
 
Notes to the Financial Statements
For the Year Ended 30 April 2024

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 May 2023
20,400
35,720
24,907
81,027



At 30 April 2024

20,400
35,720
24,907
81,027



Depreciation


At 1 May 2023
20,400
33,791
23,810
78,001


Charge for the year on owned assets
-
683
273
956



At 30 April 2024

20,400
34,474
24,083
78,957



Net book value



At 30 April 2024
-
1,246
824
2,070



At 30 April 2023
-
1,929
1,097
3,026

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Nursing & Caring Direct Limited
 
 
Notes to the Financial Statements
For the Year Ended 30 April 2024

6.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 May 2023
70,000



At 30 April 2024

70,000



Impairment


At 1 May 2023
70,000



At 30 April 2024

70,000



Net book value



At 30 April 2024
-



At 30 April 2023
-




7.


Stocks

2024
2023
£
£

Finished goods and goods for resale
523
426

523
426


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Nursing & Caring Direct Limited
 
 
Notes to the Financial Statements
For the Year Ended 30 April 2024

8.


Debtors

2024
2023
£
£


Trade debtors
843,383
379,822

Prepayments and accrued income
118,033
95,076

Deferred taxation
3,591
-

965,007
474,898



9.


Current asset investments

2024
2023
£
£

Unlisted investments
1,960,935
-

1,960,935
-



10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,117
36,963

Corporation tax
86,871
64,700

Other taxation and social security
123,546
148,860

Other creditors
427,860
344,194

Accruals and deferred income
76,516
34,506

726,910
629,223


The company has a debenture in place with Bank of Ireland dated 20 February 2001.  Security is by way of a floating charge over the assets of the company.


11.


Deferred taxation

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Nursing & Caring Direct Limited
 
 
Notes to the Financial Statements
For the Year Ended 30 April 2024
 
11.Deferred taxation (continued)




2024


£






At beginning of year
(496)


Charged to the profit or loss
4,087



At end of year
3,591

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
3,591
(496)

3,591
(496)

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Page 9

 


Nursing & Caring Direct Limited
 
 
Notes to the Financial Statements
For the Year Ended 30 April 2024

12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1275 (2023 - 1275) A Ordinary shares of £0.001 each
1.275
1.275
1275 (2023 - 1275) B Ordinary shares of £0.001 each
1.275
1.275
150 (2023 - 150) C Ordinary shares of £0.001 each
0.150
0.150
150 (2023 - 150) D Ordinary shares of £0.001 each
0.150
0.150
150 E Ordinary shares of £0.001 each
0.150
0.150

3.000

3.000

On 9 November 2022, 149 A Ordinary shares were redesignated as C Ordinary shares, 149  B
Ordinary shares were redesignated as D Ordinary shares, 75 A Ordinary shares were redesignated as E Ordinary shares and 75 B Ordinary shares were redesignated as E Ordinary shares.



13.


Reserves

Profit and loss account

The profit and loss account represents cumulative profits and losses net of dividends and other adjustments.


14.


Related party transactions

Transactions with Associated Companies
At the balance sheet date, the company owed £317,364 to Industrial Temps Ltd, an associated company. This balance is unsecured, interest-free, and repayable on demand.
Dividends Paid to Directors
During the year, dividends totaling £97,758 were declared and paid to the directors of the company. The directors’ shareholdings and entitlement to dividends are disclosed in the Directors' Report.
The Company is controlled by its board of directors.

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