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REGISTERED NUMBER: SC598217 (Scotland)















Unaudited Financial Statements For The Year Ended 31 March 2024

for

CARRICK CARE LTD

CARRICK CARE LTD (Registered number: SC598217)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARRICK CARE LTD

Company Information
For The Year Ended 31 March 2024







DIRECTORS: M Latif
N Latif





REGISTERED OFFICE: 58 Howden Hall Road
Edinburgh
EH16 6PJ





REGISTERED NUMBER: SC598217 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

CARRICK CARE LTD (Registered number: SC598217)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 185,000 185,000
Tangible assets 5 773,292 773,711
Investments 6 2,250,000 250,000
3,208,292 1,208,711

CURRENT ASSETS
Debtors 7 1,575,083 1,189,764
Cash at bank and in hand 50,707 31,910
1,625,790 1,221,674
CREDITORS
Amounts falling due within one year 8 1,060,443 608,874
NET CURRENT ASSETS 565,347 612,800
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,773,639

1,821,511

CREDITORS
Amounts falling due after more than one year 9 3,618,372 1,820,013
NET ASSETS 155,267 1,498

CAPITAL AND RESERVES
Called up share capital 10 90 90
Retained earnings 11 155,177 1,408
SHAREHOLDERS' FUNDS 155,267 1,498

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

CARRICK CARE LTD (Registered number: SC598217)

Balance Sheet - continued
31 March 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 24 February 2025 and were signed on its behalf by:





M Latif - Director


CARRICK CARE LTD (Registered number: SC598217)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

CARRICK CARE LTD is a private company, limited by shares , registered in Scotland. 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 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 2020, 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 - 20% on reducing balance
Computer equipment - 20% 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.

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.

CARRICK CARE LTD (Registered number: SC598217)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 44 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 185,000
NET BOOK VALUE
At 31 March 2024 185,000
At 31 March 2023 185,000

5. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 770,770 4,159 1,558 776,487
DEPRECIATION
At 1 April 2023 - 1,858 918 2,776
Charge for year - 291 128 419
At 31 March 2024 - 2,149 1,046 3,195
NET BOOK VALUE
At 31 March 2024 770,770 2,010 512 773,292
At 31 March 2023 770,770 2,301 640 773,711

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 250,000
Additions 2,000,000
At 31 March 2024 2,250,000
NET BOOK VALUE
At 31 March 2024 2,250,000
At 31 March 2023 250,000

CARRICK CARE LTD (Registered number: SC598217)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 37,919 65,700
Fairfield Care Ltd 1,019,318 1,124,064
Laurem (Holdings) Limited 517,846 -
1,575,083 1,189,764

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 55,000 56,000
Trade creditors 71,144 40,508
Social security and other taxes 12,742 8,663
Pension due 2,255 2,126
Other creditors 3,215 1,559
Laurem Care Group Ltd 56,865 -
Directors' current accounts 804,398 451,160
Wages due 51,644 45,798
Accrued expenses 3,180 3,060
1,060,443 608,874

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 3,618,372 1,820,013

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
90 Ordinary £1.00 90 90

11. RESERVES
Retained
earnings
£   

At 1 April 2023 1,408
Profit for the year 153,769
At 31 March 2024 155,177