Registration number:
Brecon Care (BH) Limited
for the Year Ended 30 June 2024
Brecon Care (BH) Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Brecon Care (BH) Limited
Company Information
Directors |
Mr S Jakhu Mr G Jakhu |
Registered office |
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Accountants |
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Brecon Care (BH) Limited
(Registration number: 14044676)
Balance Sheet as at 30 June 2024
Note |
2024 |
(As restated) |
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Fixed assets |
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Tangible assets |
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Creditors: Amounts falling due within one year |
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( |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' deficit |
( |
( |
For the financial 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.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Brecon Care (BH) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The company was formerly known as Caram (BH) Limited.
The address of its registered office is:
England
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the forseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Brecon Care (BH) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Prior period restatement
The allocation of Tangible Fixed Assets between classes in the period ended 30 June 2023 was incorrect as it did not represent the s198 claim made on acquisition. The comparative values have therefore been restated to ensure correct treatment. The impact on the comparative values is summarised below.
(As originally stated) |
(As restated) |
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30 June 2023 |
30 June 2023 |
Impact |
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£ |
£ |
£ |
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Profit or loss account |
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Depreciation expense |
- |
39,079 |
39,079 |
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Loss before and after taxation |
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39,079 |
39,079 |
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Balance Sheet |
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Land & Buildings |
664,640 |
504,657 |
(159,983) |
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Plant & Machinery |
- |
120,904 |
120,904 |
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Retained Earnings |
- |
39,079 |
39,079 |
The impact of the prior period restatement is to decrease the shareholders funds from £1 to a deficit of £39,077.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Brecon Care (BH) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible assets |
Land and buildings |
Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 July 2023 |
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At 30 June 2024 |
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Depreciation |
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At 1 July 2023 |
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Charge for the year |
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At 30 June 2024 |
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Carrying amount |
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At 30 June 2024 |
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At 30 June 2023 |
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Included within the net book value of land and buildings above is £494,364 (2023 - £504,657) in respect of freehold land and buildings.
Creditors |
2024 |
2023 |
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Due within one year |
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Amounts owed to related parties |
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664,639 |
Related party transactions |
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.
Brecon Care (BH) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Parent and ultimate parent undertaking |
The company's immediate parent is
These financial statements are available upon request from the registered office.