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REGISTERED NUMBER: 05428366 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

PRIDEAUX HOUSE CARE LIMITED

PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRIDEAUX HOUSE CARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: G Dadabhoy





SECRETARY: Mrs A Dadabhoy





REGISTERED OFFICE: 2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH





REGISTERED NUMBER: 05428366 (England and Wales)





ACCOUNTANTS: Xeinadin
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,914 58,478

CURRENT ASSETS
Debtors 5 902,703 843,985
Cash at bank 24,741 175,876
927,444 1,019,861
CREDITORS
Amounts falling due within one year 6 39,319 32,459
NET CURRENT ASSETS 888,125 987,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,004,039

1,045,880

CREDITORS
Amounts falling due after more than one
year

7

(13,334

)

(23,334

)

PROVISIONS FOR LIABILITIES 8 (10,591 ) (10,712 )
NET ASSETS 980,114 1,011,834

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 979,114 1,010,834
SHAREHOLDERS' FUNDS 980,114 1,011,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)

BALANCE SHEET - continued
31 AUGUST 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 January 2025 and were signed by:





G Dadabhoy - Director


PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Prideaux House Care Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents gross receipts for services rendered

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 33.33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 27 ) .

PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 273,510 28,210 10,340 312,060
Additions 42,627 53,250 528 96,405
Disposals - (28,210 ) - (28,210 )
At 31 August 2024 316,137 53,250 10,868 380,255
DEPRECIATION
At 1 September 2023 228,028 15,439 10,115 253,582
Charge for year 14,767 11,094 337 26,198
Eliminated on disposal - (15,439 ) - (15,439 )
At 31 August 2024 242,795 11,094 10,452 264,341
NET BOOK VALUE
At 31 August 2024 73,342 42,156 416 115,914
At 31 August 2023 45,482 12,771 225 58,478

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors - 210
Amounts owed by group undertakings 895,030 801,028
Other debtors 1,050 -
Prepayments 6,623 2,747
902,703 803,985

Amounts falling due after more than one year:
Other debtors - 40,000

Aggregate amounts 902,703 843,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 3,460 1,851
Tax - 6,004
Other creditors 14,964 6,261
Accruals and deferred income 8,017 4,853
Accrued expenses 2,878 3,490
39,319 32,459

PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 20,000
BBLS Loan 3,334 3,334
13,334 23,334

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 10,591 10,712

Deferred
tax
£   
Balance at 1 September 2023 10,712
Provided during year (121 )
Movement in year
Balance at 31 August 2024 10,591

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. RESERVES
Retained
earnings
£   

At 1 September 2023 1,010,834
Profit for the year 88,280
Dividends (120,000 )
At 31 August 2024 979,114

PRIDEAUX HOUSE CARE LIMITED (REGISTERED NUMBER: 05428366)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

11. RELATED PARTY DISCLOSURES

In accordance with Financial Reporting Standard 8 the following are details of related party transactions:

Control

During the year the company was under the control of the sole director Mr G Dadabhoy. 100% of the shares are owned by the holding company which is under the control of Mr Dadabhoy.

Balances
The following balances existed at the year end with related undertakings

Amount owed by related undertakings 2024 2023
Prideaux House Care (Holdings) Limited £895,030 £801,028


During the year, service charges of £38,698 (2023 - £33,000) were charged to Prideaux House Care Limited from Prideaux House (Holdings) Limited.

During the year, dividends of £120,000 were paid to Prideaux House (Holdings) Limited.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by Prideaux House Care (Holdings) Limited which holds 100% of the share capital.