Registered number
SC252887
Joan's Carers Limited
Filleted Accounts
31 July 2024
Joan's Carers Limited
Registered number: SC252887
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 47,258 16,632
Current assets
Stocks 1,900 1,800
Debtors 4 549,875 521,319
Cash at bank and in hand 139,764 69,530
691,539 592,649
Creditors: amounts falling due within one year 5 (122,179) (72,472)
Net current assets 569,360 520,177
Total assets less current liabilities 616,618 536,809
Creditors: amounts falling due after more than one year 6 (24,723) (28,889)
Provisions for liabilities (10,938) (2,550)
Net assets 580,957 505,370
Capital and reserves
Called up share capital 100 100
Profit and loss account 580,857 505,270
Shareholders' funds 580,957 505,370
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs Joan Graham
Director
Approved by the board on 18 March 2025
Joan's Carers Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 54 46
3 Tangible fixed assets
Leasehold Additions Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 August 2023 19,362 41,986 13,182 74,530
Additions - 37,696 4,300 41,996
At 31 July 2024 19,362 79,682 17,482 116,526
Depreciation
At 1 August 2023 12,929 33,627 11,342 57,898
Charge for the year 2,927 6,908 1,535 11,370
At 31 July 2024 15,856 40,535 12,877 69,268
Net book value
At 31 July 2024 3,506 39,147 4,605 47,258
At 31 July 2023 6,433 8,359 1,840 16,632
4 Debtors 2024 2023
£ £
Trade debtors 182,733 162,079
Other debtors 367,142 359,240
549,875 521,319
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,944 6,944
Trade creditors 302 850
Taxation and social security costs 77,005 31,435
Other creditors 37,928 33,243
122,179 72,472
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 24,723 28,889
7 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 31,666 35,833
"The loan is a bounce back loan under the CBIL scheme provided by Bank of Scotland PLC on
30/09/2020. The term of the loan is 72 months, no interest or repayments are payable for the first 12 months. Thereafter the loan is repayable by 60 installments of £1,000, interest rate 3.24% p.a."
8 Events after the reporting date
After a significant investment opening an office in Oban the Directors have withdrawn from Contracting in Oban. The Oban office is now closed.
9 Related party transactions
During the year, total dividends of £106,000, 2023 £(90,000) were paid to the directors.

As at 31st July 2023 there is a balance owed by Mrs J Graham 2024 £(2,754), 2023 - £(2,604) and a balance owed to Mr R Graham Jnr amounting to 2024 £1,438 (2023 £25,140). Mr R Graham snr 2024 £(2,734) 2023 £(1,541), Mrs K Graham 2024 £(28,321) 2023 £Nil. These balances have no fixed repayment date and no interest is chargeable thereon.

During the year the Company advanced sums to Grahams Active Care Limited the balance outstanding is £324,923. Interest is charged on the loan at 2.5% p.a. the loan is repalyable on demand.
Mrs J Graham and Mr R Graham are also Directors in Grahams Active Care Limited.
10 Controlling party
The ultimate controlling party is Mrs. Joan Graham
11 Other information
Joan's Carers Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
25 West King Street
Helensburgh
Argyll & Bute
G84 8UW
Joan's Carers Limited SC252887 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts July 2024 Mrs Joan Graham No description of principal activity SC252887 2022-08-01 2023-07-31 SC252887 core:WithinOneYear 2023-07-31 SC252887 core:AfterOneYear 2023-07-31 SC252887 core:ShareCapital 2023-07-31 SC252887 core:RetainedEarningsAccumulatedLosses 2023-07-31 SC252887 2023-08-01 2024-07-31 SC252887 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC252887 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC252887 bus:Director40 2023-08-01 2024-07-31 SC252887 1 2023-08-01 2024-07-31 SC252887 2 2023-08-01 2024-07-31 SC252887 core:LandBuildings 2023-08-01 2024-07-31 SC252887 core:PlantMachinery 2023-08-01 2024-07-31 SC252887 core:Vehicles 2023-08-01 2024-07-31 SC252887 1 2023-08-01 2024-07-31 SC252887 countries:England 2023-08-01 2024-07-31 SC252887 bus:FRS102 2023-08-01 2024-07-31 SC252887 bus:FilletedAccounts 2023-08-01 2024-07-31 SC252887 2024-07-31 SC252887 core:WithinOneYear 2024-07-31 SC252887 core:AfterOneYear 2024-07-31 SC252887 core:ShareCapital 2024-07-31 SC252887 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC252887 core:LandBuildings 2024-07-31 SC252887 core:PlantMachinery 2024-07-31 SC252887 core:Vehicles 2024-07-31 SC252887 2023-07-31 SC252887 core:LandBuildings 2023-07-31 SC252887 core:PlantMachinery 2023-07-31 SC252887 core:Vehicles 2023-07-31 iso4217:GBP xbrli:pure