Company Registration No. 12481999 (England and Wales)
ST DOMINIC'S CARE SERVICES LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
LB GROUP
The Octagon Suite E2
2nd Floor Middleborough
Colchester
Essex
CO1 1TG
ST DOMINIC'S CARE SERVICES LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
ST DOMINIC'S CARE SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024
31 May 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
-
0
595,560
Current assets
Debtors
5
4,452
13,984
Cash at bank and in hand
67,222
53,139
71,674
67,123
Creditors: amounts falling due within one year
6
(72,859)
(663,745)
Net current liabilities
(1,185)
(596,622)
Net liabilities
(1,185)
(1,062)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(1,285)
(1,162)
Total equity
(1,185)
(1,062)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 15 January 2025 and are signed on its behalf by:
Mr R W Banning
Director
Company registration number 12481999 (England and Wales)
ST DOMINIC'S CARE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 2 -
1
Accounting policies
Company information

St Dominic's Care Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is St Dominics, London Road, Kelvedon, Colchester, Essex, CO5 9AP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the statement of financial position date, the company had net current liabilities of £1,185. Included within this is an amount of £67,191 owing to the parent company, St. Dominics Residential Home Limited.true

 

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. St. Dominics Residential Home Limited, as the parent company provides and is able to continue providing financial support to the company. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
No depreciation

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

ST DOMINIC'S CARE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

ST DOMINIC'S CARE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
4
Tangible fixed assets
Freehold land and buildings
£
Cost
At 1 June 2023
595,560
Disposals
(595,560)
At 31 May 2024
-
0
Depreciation and impairment
At 1 June 2023 and 31 May 2024
-
0
Carrying amount
At 31 May 2024
-
0
At 31 May 2023
595,560
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
4,452
13,984
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
5,668
15,312
Amounts owed to group undertakings
67,191
648,183
Other creditors
-
0
250
72,859
663,745
7
Directors' transactions

No guarantees have been given or received.

ST DOMINIC'S CARE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 5 -
8
Parent company

The parent company is St. Dominics Residential Home Limited, a company registered in England and Wales. St. Dominics Residential Home Limited holds 80% of the shares in the company. It's registered office is St. Dominics, London Road, Kelvedon, Colchester, England, CO5 9AP.

2024-05-312023-06-01false15 January 2025CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr R W BanningMr M WarwickSt. Dominics Residential Home Limitedfalsefalse124819992023-06-012024-05-31124819992024-05-31124819992023-05-3112481999core:LandBuildingscore:OwnedOrFreeholdAssets2024-05-3112481999core:LandBuildingscore:OwnedOrFreeholdAssets2023-05-3112481999core:CurrentFinancialInstrumentscore:WithinOneYear2024-05-3112481999core:CurrentFinancialInstrumentscore:WithinOneYear2023-05-3112481999core:CurrentFinancialInstruments2024-05-3112481999core:CurrentFinancialInstruments2023-05-3112481999core:ShareCapital2024-05-3112481999core:ShareCapital2023-05-3112481999core:RetainedEarningsAccumulatedLosses2024-05-3112481999core:RetainedEarningsAccumulatedLosses2023-05-3112481999bus:Director12023-06-012024-05-3112481999core:LandBuildingscore:OwnedOrFreeholdAssets2023-06-012024-05-31124819992022-06-012023-05-3112481999core:LandBuildingscore:OwnedOrFreeholdAssets2023-05-3112481999core:WithinOneYear2024-05-3112481999core:WithinOneYear2023-05-3112481999bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112481999bus:SmallCompaniesRegimeForAccounts2023-06-012024-05-3112481999bus:FRS1022023-06-012024-05-3112481999bus:AuditExemptWithAccountantsReport2023-06-012024-05-3112481999bus:Director22023-06-012024-05-3112481999bus:Director32023-06-012024-05-3112481999bus:FullAccounts2023-06-012024-05-31xbrli:purexbrli:sharesiso4217:GBP