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REGISTERED NUMBER: 08079990 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

SERENE CARE (UK) LTD

SERENE CARE (UK) LTD (Registered number: 08079990)






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


SERENE CARE (UK) LTD

Company Information
for the Year Ended 31 May 2024







DIRECTOR: MRS. V. HEEROO





SECRETARY: MRS. V. HEEROO





REGISTERED OFFICE: C/O MALCOLM WILSON GILLOTT FOWLER
& CO
SPACES, 12 HAMMERSMITH GROVE
LONDON
W6 7AP





REGISTERED NUMBER: 08079990 (England and Wales)





ACCOUNTANTS: RMS & CO
CHARTERED CERTIFIED ACCOUNTANTS
31 CHEQUERS DRIVE
HORLEY
SURREY
RH6 8DR

SERENE CARE (UK) LTD (Registered number: 08079990)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 318,536 356,011
Tangible assets 5 1,052,372 1,054,608
1,370,908 1,410,619

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 565,689 73,602
Cash at bank 1,313,788 1,326,682
1,881,477 1,402,284
CREDITORS
Amounts falling due within one year 7 455,697 443,375
NET CURRENT ASSETS 1,425,780 958,909
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,796,688

2,369,528

CREDITORS
Amounts falling due after more than
one year

8

(1,230,381

)

(879,026

)

PROVISIONS FOR LIABILITIES 10 (2,722 ) (7,396 )
NET ASSETS 1,563,585 1,483,106

SERENE CARE (UK) LTD (Registered number: 08079990)

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 1,563,485 1,483,006
SHAREHOLDERS' FUNDS 1,563,585 1,483,106

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 director acknowledges her 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 director and authorised for issue on 13 February 2025 and were signed by:





MRS. V. HEEROO - Director


SERENE CARE (UK) LTD (Registered number: 08079990)

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

1. STATUTORY INFORMATION

SERENE CARE (UK) 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amount receivable for goods and services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost


SERENE CARE (UK) LTD (Registered number: 08079990)

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 749,496
AMORTISATION
At 1 June 2023 393,485
Amortisation for year 37,475
At 31 May 2024 430,960
NET BOOK VALUE
At 31 May 2024 318,536
At 31 May 2023 356,011

SERENE CARE (UK) LTD (Registered number: 08079990)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 1,040,000 39,186 1,781 1,080,967
DEPRECIATION
At 1 June 2023 - 24,630 1,729 26,359
Charge for year - 2,184 52 2,236
At 31 May 2024 - 26,814 1,781 28,595
NET BOOK VALUE
At 31 May 2024 1,040,000 12,372 - 1,052,372
At 31 May 2023 1,040,000 14,556 52 1,054,608

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.5.24 31.5.23
£    £   
Amounts owed by group undertakings 465,597 -
Other debtors 100,092 73,602
565,689 73,602

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 98,000 47,164
Trade creditors - 3,931
Taxation and social security 8,270 64,325
Other creditors 349,427 327,955
455,697 443,375

SERENE CARE (UK) LTD (Registered number: 08079990)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 1,230,381 879,026

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 603,530 598,045

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans 1,328,381 926,190

The security is as follows:

A fixed and floating charge over all assets.

Full details of the charges can be found at Companies House with reference number 080799900004 and 080799900005.

10. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 2,722 7,396

Deferred
tax
£   
Balance at 1 June 2023 7,396
Provided during year (4,674 )
Balance at 31 May 2024 2,722

SERENE CARE (UK) LTD (Registered number: 08079990)

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

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 1,483,006
Profit for the year 80,479
At 31 May 2024 1,563,485

13. RELATED PARTY DISCLOSURES

The company operates a current account with its Director. The loan is interest free with no
fixed repayment terms and are included in other creditors. The balance owed to Mrs V Heeroo at the year end was £241,080 (2023 - £228,248) and the maximum balance during the year was £241,080.

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is KEVIM HOLDING LTD.

The company is controlled by Kevim Holding Ltd, who owns 100% of the share capital.