Company Registration No. 05879835 (England and Wales)
Essential Care (Organics) Limited
Unaudited accounts
for the year ended 30 June 2024
Essential Care (Organics) Limited
Unaudited accounts
Contents
Essential Care (Organics) Limited
Company Information
for the year ended 30 June 2024
Directors
Abigail Hannah Weeds
Margaret Elizabeth Anne Weeds
Secretary
Abigail Hannah Weeds
Company Number
05879835 (England and Wales)
Registered Office
85 Gregory Road
Mildenhall
Bury St. Edmunds
IP28 7DF
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
Essential Care (Organics) Limited
Accountants' report
Accountants' report to the board of directors of Essential Care (Organics) Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Essential Care (Organics) Limited for the year ended
30 June 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Essential Care (Organics) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Essential Care (Organics) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Essential Care (Organics) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Essential Care (Organics) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Essential Care (Organics) Limited. You consider that Essential Care (Organics) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Essential Care (Organics) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
20 March 2025
Essential Care (Organics) Limited
Statement of financial position
as at 30 June 2024
Tangible assets
376,592
366,391
Inventories
173,651
154,384
Cash at bank and in hand
89,415
65,518
Creditors: amounts falling due within one year
(234,941)
(269,985)
Net current assets
97,610
24,185
Net assets
477,156
390,576
Called up share capital
3,000
3,000
Profit and loss account
474,156
387,576
Shareholders' funds
477,156
390,576
For the year ending 30 June 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 31 March 2025 and were signed on its behalf by
Abigail Hannah Weeds
Director
Company Registration No. 05879835
Essential Care (Organics) Limited
Notes to the Accounts
for the year ended 30 June 2024
Essential Care (Organics) Limited is a private company, limited by shares, registered in England and Wales, registration number 05879835. The registered office is 85 Gregory Road, Mildenhall, Bury St. Edmunds, IP28 7DF.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Held at Cost
Plant & machinery
25% reducing balance
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Essential Care (Organics) Limited
Notes to the Accounts
for the year ended 30 June 2024
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2023
357,581
74,074
431,655
At 30 June 2024
357,581
87,814
445,395
At 1 July 2023
-
65,264
65,264
Charge for the year
-
3,539
3,539
At 30 June 2024
-
68,803
68,803
At 30 June 2024
357,581
19,011
376,592
At 30 June 2023
357,581
8,810
366,391
Amounts falling due within one year
Trade debtors
60,160
68,045
Accrued income and prepayments
7,595
6,223
Essential Care (Organics) Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
85,502
84,456
Amounts owed to group undertakings and other participating interests
1,221
1,253
Taxes and social security
25,374
12,865
Other creditors
10,652
12,073
Loans from directors
96,208
140,509
Allotted, called up and fully paid:
3,000 Ordinary shares of £1 each
3,000
3,000
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).