IRIS Accounts Production v24.3.2.46 06896945 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false false true false ORDINARY 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068969452023-05-31068969452024-05-31068969452023-06-012024-05-31068969452022-05-31068969452022-06-012023-05-31068969452023-05-3106896945ns15:EnglandWales2023-06-012024-05-3106896945ns14:PoundSterling2023-06-012024-05-3106896945ns10:Director12023-06-012024-05-3106896945ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3106896945ns10:SmallEntities2023-06-012024-05-3106896945ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3106896945ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3106896945ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3106896945ns10:FullAccounts2023-06-012024-05-310689694512023-06-012024-05-3106896945ns10:OrdinaryShareClass12023-06-012024-05-3106896945ns10:Director22023-06-012024-05-3106896945ns10:CompanySecretary12023-06-012024-05-3106896945ns10:RegisteredOffice2023-06-012024-05-3106896945ns5:CurrentFinancialInstruments2024-05-3106896945ns5:CurrentFinancialInstruments2023-05-3106896945ns5:Non-currentFinancialInstruments2024-05-3106896945ns5:Non-currentFinancialInstruments2023-05-3106896945ns5:ShareCapital2024-05-3106896945ns5:ShareCapital2023-05-3106896945ns5:RetainedEarningsAccumulatedLosses2024-05-3106896945ns5:RetainedEarningsAccumulatedLosses2023-05-3106896945ns5:NetGoodwill2023-06-012024-05-3106896945ns5:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3106896945ns5:PlantMachinery2023-06-012024-05-3106896945ns5:FurnitureFittings2023-06-012024-05-3106896945ns5:ComputerEquipment2023-06-012024-05-3106896945ns5:NetGoodwill2023-05-3106896945ns5:NetGoodwill2024-05-3106896945ns5:NetGoodwill2023-05-3106896945ns5:LandBuildings2023-05-3106896945ns5:PlantMachinery2023-05-3106896945ns5:FurnitureFittings2023-05-3106896945ns5:ComputerEquipment2023-05-3106896945ns5:LandBuildings2023-06-012024-05-3106896945ns5:LandBuildings2024-05-3106896945ns5:PlantMachinery2024-05-3106896945ns5:FurnitureFittings2024-05-3106896945ns5:ComputerEquipment2024-05-3106896945ns5:LandBuildings2023-05-3106896945ns5:PlantMachinery2023-05-3106896945ns5:FurnitureFittings2023-05-3106896945ns5:ComputerEquipment2023-05-3106896945ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3106896945ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3106896945ns5:Secured2024-05-3106896945ns5:Secured2023-05-3106896945ns5:DeferredTaxation2023-05-3106896945ns5:DeferredTaxation2023-06-012024-05-3106896945ns5:DeferredTaxation2024-05-3106896945ns10:OrdinaryShareClass12024-05-3106896945ns5:RetainedEarningsAccumulatedLosses2023-05-3106896945ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 06896945 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

FOXLEY LODGE CARE LTD

FOXLEY LODGE CARE LTD (Registered number: 06896945)






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


FOXLEY LODGE CARE LTD

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Y ABHEE
MRS D ABHEE





SECRETARY: MRS D ABHEE





REGISTERED OFFICE: 16 GREEN LANE
PURLEY
SURREY
CR8 3PG





REGISTERED NUMBER: 06896945 (England and Wales)





ACCOUNTANTS: R M S & CO
CHARTERED CERTIFIED ACCOUNTANTS
31 CHEQUERS DRIVE
HORLEY
SURREY
RH6 8DR

FOXLEY LODGE CARE LTD (Registered number: 06896945)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,125 20,625
Tangible assets 5 1,053,459 1,053,145
1,071,584 1,073,770

CURRENT ASSETS
Stocks 2,000 -
Debtors 6 658,884 513,270
Cash at bank 40,057 5,237
700,941 518,507
CREDITORS
Amounts falling due within one year 7 535,324 484,630
NET CURRENT ASSETS 165,617 33,877
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,237,201

1,107,647

CREDITORS
Amounts falling due after more than
one year

8

449,278

493,865
NET ASSETS 787,923 613,782

FOXLEY LODGE CARE LTD (Registered number: 06896945)

Balance Sheet - continued
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 787,823 613,682
SHAREHOLDERS' FUNDS 787,923 613,782

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.

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 14 February 2025 and were signed on its behalf by:





Y ABHEE - Director


FOXLEY LODGE CARE LTD (Registered number: 06896945)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

FOXLEY LODGE CARE LTD 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 represents fees receivable, exempt of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty 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 cost
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


FOXLEY LODGE CARE LTD (Registered number: 06896945)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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.

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 20 (2023 - 16 ) .

FOXLEY LODGE CARE LTD (Registered number: 06896945)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 50,000
AMORTISATION
At 1 June 2023 29,375
Amortisation for year 2,500
At 31 May 2024 31,875
NET BOOK VALUE
At 31 May 2024 18,125
At 31 May 2023 20,625

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 1,046,000 9,800 168,674 1,598 1,226,072
Additions - - 2,400 - 2,400
At 31 May 2024 1,046,000 9,800 171,074 1,598 1,228,472
DEPRECIATION
At 1 June 2023 - 4,410 166,919 1,598 172,927
Charge for year - 1,470 616 - 2,086
At 31 May 2024 - 5,880 167,535 1,598 175,013
NET BOOK VALUE
At 31 May 2024 1,046,000 3,920 3,539 - 1,053,459
At 31 May 2023 1,046,000 5,390 1,755 - 1,053,145

FOXLEY LODGE CARE LTD (Registered number: 06896945)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.5.24 31.5.23
£    £   
Other debtors 658,884 513,270

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 67,962 67,962
Taxation and social security 29,624 10,902
Other creditors 437,738 405,766
535,324 484,630

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 449,278 493,865

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 148,136 182,845

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans 517,240 561,827

The security for the loans is as follows:

a. A Debenture on the Bank's Standard form.
b. A Legal charge over the company's freehold property and other company assets.

FOXLEY LODGE CARE LTD (Registered number: 06896945)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. DEFERRED TAX
£   
Balance at 1 June 2023 (614 )
Provided during year 384
Balance at 31 May 2024 (230 )

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 ORDINARY £1 100 100

12. RESERVES
Retained
earnings
£   

At 1 June 2023 613,682
Profit for the year 174,141
At 31 May 2024 787,823

13. RELATED PARTY DISCLOSURES

The company operates a current account with its Directors. The loan is interest free with no
fixed repayment terms and are included in other creditors. The balance owed to the directors at the year end was £382,955 (2023 - £360,006) and the maximum balance during the year was £382,955.