Company Registration No. 07847443 (England and Wales)
CROWNE HOME CARE LIMITED
Unaudited accounts
for the year ended 30 September 2024
CROWNE HOME CARE LIMITED
Unaudited accounts
Contents
CROWNE HOME CARE LIMITED
Company Information
for the year ended 30 September 2024
Directors
Harkamel Singh
Sharandip Kaur
Gurpreet Singh
Company Number
07847443 (England and Wales)
Registered Office
LYTTLETON HOUSE 1 ORMOND ROAD
RUBERY, REDNAL
BIRMINGHAM
B45 0JD
Accountants
Wentworth Wealth Ltd
44-45 Calthorpe Road
Edgbaston
Birmingham
B15 1TH
CROWNE HOME CARE LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
11,814
15,133
Cash at bank and in hand
821,312
480,548
Creditors: amounts falling due within one year
(252,412)
(344,365)
Net current assets
706,098
331,777
Net assets
717,912
346,910
Called up share capital
100
100
Profit and loss account
717,812
346,810
Shareholders' funds
717,912
346,910
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by
Harkamel Singh
Director
Company Registration No. 07847443
CROWNE HOME CARE LIMITED
Notes to the Accounts
for the year ended 30 September 2024
CROWNE HOME CARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07847443. The registered office is LYTTLETON HOUSE 1 ORMOND ROAD, RUBERY, REDNAL, BIRMINGHAM, B45 0JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the profit and loss when they fall due. Amounts not paid are shown in other creditors as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
CROWNE HOME CARE LIMITED
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
31,055
15,263
46,318
At 30 September 2024
31,675
15,263
46,938
At 1 October 2023
22,261
8,924
31,185
Charge for the year
2,354
1,585
3,939
At 30 September 2024
24,615
10,509
35,124
At 30 September 2024
7,060
4,754
11,814
At 30 September 2023
8,794
6,339
15,133
Amounts falling due within one year
Trade debtors
112,057
137,842
Accrued income and prepayments
52,805
54,611
Other debtors
(27,664)
3,141
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,120
63,431
Taxes and social security
121,103
113,117
Other creditors
66,646
101,325
Loans from directors
52,308
56,260
Allotted, called up and fully paid:
25 Ordinary shares A of £1 each
25
25
41 Ordinary shares B of £1 each
41
41
17 Ordinary shares C of £1 each
17
17
17 Ordinary shares D of £1 each
17
17
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £1,307.49 (2023 - £1065.65) were payable to the fund at the balance sheet date.
CROWNE HOME CARE LIMITED
Notes to the Accounts
for the year ended 30 September 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(31,517)
-
(4,865)
(26,652)
Directors Loan
(24,742)
-
-
(24,742)
(56,259)
-
(4,865)
(51,394)
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Transactions with related parties
As at the balance sheet date £11,796 (2023:£57,129) was due from Ginsberg Properties Limited, a company which holds a significant shareholding.
As at the balance sheet date £19,924 (2023: £42,590) was due from Sarai Holdings Limited, a company which holds a significant shareholding.
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Average number of employees
During the year the average number of employees was 31 (2023: 31).