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REGISTERED NUMBER: 09046613 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2024

FOR

CARE AT HOME READING LIMITED

CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARE AT HOME READING LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTORS: Ms C Grancea
I Pop





REGISTERED OFFICE: Unit 8f Unit 8f
Millars Brook
Wokingham
United Kingdom
RG41 2AD





REGISTERED NUMBER: 09046613 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 73,744 98,161
73,744 98,161

CURRENT ASSETS
Debtors 6 407,019 350,194
Investments 7 99,026 99,026
Cash at bank 56,410 55,227
562,455 504,447
CREDITORS
Amounts falling due within one year 8 396,166 389,118
NET CURRENT ASSETS 166,289 115,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,033

213,490

CREDITORS
Amounts falling due after more than one
year

9

(239,927

)

(72,208

)

PROVISIONS FOR LIABILITIES - (8,002 )
NET ASSETS 106 133,280

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 104 133,278
106 133,280

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

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

The directors acknowledge their 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.

CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)

BALANCE SHEET - continued
31 May 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 Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by:





I Pop - Director


CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Care At Home Reading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.


CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 61 (2023 - 42 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 48,210
AMORTISATION
At 1 June 2023
and 31 May 2024 48,210
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 340 12,889 184,890 - 198,119
Additions - - - 797 797
Disposals - - (5,250 ) - (5,250 )
At 31 May 2024 340 12,889 179,640 797 193,666
DEPRECIATION
At 1 June 2023 202 6,529 93,227 - 99,958
Charge for year 21 954 22,881 77 23,933
Eliminated on disposal - - (3,969 ) - (3,969 )
At 31 May 2024 223 7,483 112,139 77 119,922
NET BOOK VALUE
At 31 May 2024 117 5,406 67,501 720 73,744
At 31 May 2023 138 6,360 91,663 - 98,161

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 176,408 213,695
Amounts owed by group undertakings 7,000 -
Other debtors 84,126 26,894
Directors' current accounts 94,455 65,334
Deferred tax asset
Accelerated capital allowances 759 -
Prepayments and accrued income 44,271 44,271
407,019 350,194

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Shares in group undertakings 99,026 99,026

CARE AT HOME READING LIMITED (REGISTERED NUMBER: 09046613)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,857 10,000
Other loans 32,838 1,767
Hire purchase contracts (see note 10) - 17,427
Trade creditors 2,521 8,128
Tax 116,188 137,218
Social security and other taxes 10,025 23,795
Other creditors 177,813 146,603
Net wages 1,746 1,908
Accrued expenses 35,178 42,272
396,166 389,118

Included within Other Creditors £152,290 (2023 - £142,755) pertains to invoice finance arrangements which are subject to fixed and floating charged over the present and future assets of the company.

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 15,275 20,000
Other loans - 1-2 years 168,072 -
Hire purchase contracts (see note 10) 56,580 52,208
239,927 72,208

10. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year - 17,427
Between one and five years 56,580 52,208
56,580 69,635

At 31st May 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £32,570.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the Directors were advanced £112,834 and they repaid £83,713.