REGISTERED NUMBER: |
Strategic Report, Report of the Director and |
Financial Statements for the Year Ended 30 April 2024 |
for |
Easy Care Solutions Uk Ltd |
REGISTERED NUMBER: |
Strategic Report, Report of the Director and |
Financial Statements for the Year Ended 30 April 2024 |
for |
Easy Care Solutions Uk Ltd |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Contents of the Financial Statements |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Strategic Report | 2 |
Report of the Director | 3 |
Report of the Independent Auditors | 4 |
Income Statement | 8 |
Other Comprehensive Income | 9 |
Balance Sheet | 10 |
Statement of Changes in Equity | 11 |
Notes to the Financial Statements | 12 |
Easy Care Solutions Uk Ltd |
Company Information |
for the Year Ended 30 April 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants & Statutory Auditors |
Scottish Provident House |
76-80 College Road |
Harrow |
Middlesex |
HA1 1BQ |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Strategic Report |
for the Year Ended 30 April 2024 |
Easy Care solutions is a medium-sized enterprise specializing in healthcare supplies. With over 20 years of industry experience, we have built a strong reputation for providing quality products at competitive prices. Our commitment to customer satisfaction and operational excellence has been the driving force behind our sustained growth and success. |
Business Model and Strategy |
Our business model is centred around delivering high-quality healthcare supplies efficiently and cost-effectively. Our key strategic pillars include: |
Customer-Centric Approach: Prioritizing customer needs by offering excellent service and competitive pricing. Operational Efficiency: |
Expanding and optimizing warehouse operations to ensure stock availability and timely delivery. |
Market Expansion: Growing our customer base through digital marketing and strategic partnerships. |
Sustainability and Compliance: Ensuring our operations align with industry regulations and environmental sustainability practices. |
Business Review and Performance |
Over the past financial year, Easy Care solutions has achieved significant milestones: |
Revenue Growth: Sustained growth due to increased demand for healthcare supplies. |
Operational Expansion: Increased warehousing capacity to enhance stock management and distribution. |
Customer Satisfaction: Maintained high customer retention rates through service excellence and competitive pricing. |
Key Performance Indicators (KPIs) for the Year Ended 30 April 2024 |
Our strong financial performance reflects our strategic growth and operational efficiency. The key performance indicators for the financial year ending 30 April 2024 are as follows: |
Turnover Surge: A remarkable 33% increase in Easy Care Solutions turnover compared to 2023, driven by expanded market reach and enhanced product offerings. |
Stable Profit Margins: Despite the significant revenue growth, Easy care solutions' gross profit margin remained steady at 17%, showcasing our ability to manage costs effectively. |
Profitability Boost: Easy care solutions' profit before tax surged by 41%, reflecting our robust financial health and operational efficiencies. |
Principal Risks and Uncertainties |
As with any business, Easy Care Solutions faces several risks: |
Supply Chain Disruptions: Risks associated with supplier delays and global supply chain issues. |
Regulatory Compliance: Ensuring adherence to healthcare industry standards and regulations. |
Economic Factors: Inflation and market fluctuations impacting pricing and costs. |
Technological Advancements: Keeping up with innovations to maintain competitiveness in the industry. |
Future Prospects and Strategic Outlook |
Easy Care Solutions aims to maintain its market position and drive further growth through: |
Digital Transformation: Enhancing our online presence and e-commerce capabilities. |
Product Diversification: Expanding our product range to meet evolving customer needs. |
Sustainable Practices: Implementing environmentally friendly operations and sourcing sustainable materials. |
Strategic Partnerships: Collaborating with healthcare institutions and suppliers to strengthen market reach. |
Corporate Social Responsibility (CSR) |
We are committed to ethical business practices and community engagement. Our CSR initiatives focus on: |
Supporting charities and initiatives. |
Promoting ethical sourcing and responsible business conduct. |
Easy Care Solutions continues to evolve and grow, driven by our passion for quality healthcare supplies and customer satisfaction. With a strong strategic foundation, we are confident in our ability to navigate challenges and seize future opportunities for sustainable success. |
ON BEHALF OF THE BOARD: |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Report of the Director |
for the Year Ended 30 April 2024 |
The director presents his report with the financial statements of the company for the year ended 30 April 2024. |
DIVIDENDS |
The total dividends paid for the year ended 30 April 2024 was £7,500,000, (2023: £192,000). |
DIRECTOR |
STATEMENT OF DIRECTOR'S RESPONSIBILITIES |
The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations. |
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to: |
- | select suitable accounting policies and then apply them consistently; |
- | make judgements and accounting estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS |
So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information. |
AUDITORS |
In the absence of a notice proposing that the appointment be terminated, the auditors, Merali's, are deemed to be reappointed for the next financial year. |
ON BEHALF OF THE BOARD: |
Report of the Independent Auditors to the Members of |
Easy Care Solutions Uk Ltd |
Qualified Opinion |
We have audited the financial statements of Easy Care Solutions Uk Ltd (the 'company') for the year ended 30 April 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). |
In our opinion, the financial statements, except for the effects of the matters described in the Basis for Qualified Opinion section of our report: |
- give a true and fair view of the state of the group's and of the parent company affairs as at 30 April 2024 and of the group's profit for the year then ended; |
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
- have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for Qualified opinion |
We were appointed as auditors of the Company during 2024 and were therefore unable to observe the physical inventory count as at 30 April 2023. As this is the Company's first audit, we could not obtain sufficient appropriate audit evidence over the existence and completeness of the opening stock balance of £2,038,924 through alternative procedures. |
Since the opening stock balance affects the reported results for the year ended 30 April 2024, we are unable to determine whether any adjustments might have been necessary. Accordingly, our opinion is qualified in this respect. |
We conducted our audit in accordance with International Standards on Auditing (UK) (ISA (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the frc's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. |
Other Matter - Comparative Figures |
The financial statements for the year ended 30 April 2023 were not audited, and accordingly, the comparative figures presented in the financial statements for the year ended 30 April 2024 are unaudited. Our opinion on this matter is not qualified in this context. |
Conclusions relating to going concern |
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. |
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. |
Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report. |
Other information |
The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon. |
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. |
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. |
Report of the Independent Auditors to the Members of |
Easy Care Solutions Uk Ltd |
Opinions on other matters prescribed by the Companies Act 2006 |
In our opinion, based on the work undertaken in the course of the audit: |
- | the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
- | the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception |
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director. |
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: |
- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or |
- | the financial statements are not in agreement with the accounting records and returns; or |
- | certain disclosures of director's remuneration specified by law are not made; or |
- | we have not received all the information and explanations we require for our audit. |
Responsibilities of director |
As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. |
In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so. |
Report of the Independent Auditors to the Members of |
Easy Care Solutions Uk Ltd |
Auditors' responsibilities for the audit of the financial statements |
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. |
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: |
We identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. |
Identifying and assessing potential risks related to irregularities |
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following: |
- enquiring with management including obtaining and reviewing supporting documentation concerning the company's policies and procedures relating to: |
- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance. |
- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud. |
- the company's controls established to mitigate risks related to fraud or non-compliance with laws and regulations. |
-performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. |
-discussing among the engagement team including tax regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. |
- obtaining an understanding of the legal and regulatory framework that the company operates in, focusing on those laws and regulations that had a direct effect on the financial statements or that had a fundamental effect on the operations of the company. The key laws and regulations we considered in this context included the Companies Act 2006 and Tax legislation. |
Audit response to risks identified |
As a result of performing the above, we identified revenue recognition including completeness and cut-off; and closing stock existence, completeness, and valuation; as key audit matters/risks. |
Our procedures to respond to risks identified included the following: |
-In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. |
-Substantive testing on completeness and cut-off of revenues. |
-Substantive testing on completeness, existence and valuation of the closing stock. |
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors. |
Report of the Independent Auditors to the Members of |
Easy Care Solutions Uk Ltd |
Use of our report |
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. |
for and on behalf of |
Chartered Accountants & Statutory Auditors |
Scottish Provident House |
76-80 College Road |
Harrow |
Middlesex |
HA1 1BQ |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Income Statement |
for the Year Ended 30 April 2024 |
2024 | 2023 |
Notes | £ | £ |
TURNOVER |
Cost of sales | ( |
) | ( |
) |
GROSS PROFIT |
Administrative expenses | ( |
) | ( |
) |
OPERATING PROFIT | 4 |
Interest receivable and similar income |
3,694,338 | 2,628,947 |
Interest payable and similar expenses | 5 | ( |
) | ( |
) |
PROFIT BEFORE TAXATION |
Tax on profit | 6 | ( |
) | ( |
) |
PROFIT FOR THE FINANCIAL YEAR |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Other Comprehensive Income |
for the Year Ended 30 April 2024 |
2024 | 2023 |
Notes | £ | £ |
PROFIT FOR THE YEAR |
OTHER COMPREHENSIVE INCOME | - | - |
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Balance Sheet |
30 April 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
CURRENT ASSETS |
Stocks | 9 |
Debtors | 10 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 11 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 12 | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | 15 | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 16 |
Retained earnings | 17 |
SHAREHOLDERS' FUNDS |
The financial statements were approved by the director and authorised for issue on |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Statement of Changes in Equity |
for the Year Ended 30 April 2024 |
Called up |
share | Retained | Total |
capital | earnings | equity |
£ | £ | £ |
Balance at 1 May 2022 |
Changes in equity |
Issue of share capital | - |
Dividends | - | ( |
) | ( |
) |
Total comprehensive income | - |
Balance at 30 April 2023 |
Changes in equity |
Dividends | - | ( |
) | ( |
) |
Total comprehensive income | - |
Balance at 30 April 2024 |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Notes to the Financial Statements |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
Easy Care Solutions Uk Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Financial Reporting Standard 102 - reduced disclosure exemptions |
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": |
• | the requirements of Section 7 Statement of Cash Flows; |
• | the requirement of paragraph 3.17(d); |
• | the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); |
• | the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A; |
• | the requirements of paragraphs 29.28(b) and 29.29; |
• | the requirement of paragraph 33.7. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
2. | ACCOUNTING POLICIES - continued |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Going concern |
The directors have assessed the company's ability to continue as a going concern, considering its financial position, liquidity, and expected future cash flows. |
Based on this assessment, the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the financial statements have been prepared on a going concern basis, and no material uncertainties have been identified in relation to going concern. |
3. | EMPLOYEES AND DIRECTORS |
2024 | 2023 |
£ | £ |
Wages and salaries |
Other pension costs |
The average number of employees during the year was as follows: |
2024 | 2023 |
Management | 4 | 4 |
Warehouse Staff | 39 | 39 |
2024 | 2023 |
£ | £ |
Director's remuneration |
4. | OPERATING PROFIT |
The operating profit is stated after charging: |
2024 | 2023 |
£ | £ |
Other operating leases |
Depreciation - owned assets |
Auditors' remuneration |
5. | INTEREST PAYABLE AND SIMILAR EXPENSES |
2024 | 2023 |
£ | £ |
Bank loan interest |
Hire purchase |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
6. | TAXATION |
Analysis of the tax charge |
The tax charge on the profit for the year was as follows: |
2024 | 2023 |
£ | £ |
Current tax: |
UK corporation tax |
Deferred tax |
Tax on profit |
Reconciliation of total tax charge included in profit and loss |
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below: |
2024 | 2023 |
£ | £ |
Profit before tax |
Profit multiplied by the standard rate of corporation tax in the UK of |
Effects of: |
Expenses not deductible for tax purposes |
Depreciation in excess of capital allowances |
Deferred Tax Liability on Fixed Asset | 26,141 | - |
Total tax charge | 953,993 | 513,256 |
7. | DIVIDENDS |
2024 | 2023 |
£ | £ |
Ordinary shares of 1 each |
Interim |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
8. | TANGIBLE FIXED ASSETS |
Plant and | Motor | Computer |
machinery | vehicles | equipment | 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 |
9. | STOCKS |
2024 | 2023 |
£ | £ |
Stocks |
10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
VAT |
Prepayments |
11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts (see note 13) |
Hire purchase contracts (see note 14) |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
12. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans (see note 13) |
Hire purchase contracts (see note 14) |
13. | LOANS |
An analysis of the maturity of loans is given below: |
2024 | 2023 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans |
Amounts falling due between two and five years: |
Bank loans - 2-5 years |
The company has following securities with Lloyds bank |
- Debenture from 06/12/2017 |
- Letter of set off with Easy care Holdings from 20/04/2022. |
14. | LEASING AGREEMENTS |
Minimum lease payments fall due as follows: |
Hire purchase contracts |
2024 | 2023 |
£ | £ |
Net obligations repayable: |
Within one year |
Between one and five years |
Non-cancellable operating | leases |
2024 | 2023 |
£ | £ |
Within one year |
Between one and five years |
In more than five years |
The lease agreement included a break clause effective 31 July 2025, which has been exercised. |
Easy Care Solutions Uk Ltd (Registered number: 03364068) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
15. | PROVISIONS FOR LIABILITIES |
2024 | 2023 |
£ | £ |
Deferred tax | 26,141 | - |
Deferred |
tax |
£ |
Provided during year |
Balance at 30 April 2024 |
16. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | 1 | 100 | 100 |
17. | RESERVES |
Retained |
earnings |
£ |
At 1 May 2023 |
Profit for the year |
Dividends | ( |
) |
At 30 April 2024 |
18. | RELATED PARTY DISCLOSURES |
Amounts due from related parties consists of £0 (2023: 525,000) due from Imran Moledina, a key shareholder. |
The company's immediate and ultimate holding company is Easy care Holdings Limited. Easy Care Holdings Ltd was incorporated in England and Wales. The ultimate controlling parties are Mr Sibtain Moledina and his family members, who together control 100% of the shares of Easy care Holdings Limited. |