02153641falsethat of operating a leisure complex with hotel,golf,restuarant and function room facilities at Padbrook Park, Collumpton2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:SharePremium2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:SharePremium2024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02153641

SMS Care Homes Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Prepared By:
Frank Gartland Limited
6 Torland Road
Plymouth
PL3 5TS

SMS Care Homes Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
G Scargill
S M Scargill
SECRETARY
G Scargill
REGISTERED OFFICE
Padbrook Park
Collumpton
Devon
EX15 1RU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02153641
SOLICITORS
Curtis Solicitors, 87-89 Mutley Plain,Plymouth, Devon, PL4 6
ACCOUNTANTS
Frank Gartland Limited
6 Torland Road
Plymouth
PL3 5TS

SMS Care Homes Limited

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

SMS Care Homes Limited

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3341,213353,772
CURRENT ASSETS
Stock7,01011,980
Debtors5201,814228,880
Cash at bank and in hand67,304182,839
276,128423,699
CREDITORS: Amounts falling due within one year6102,727166,368
NET CURRENT ASSETS173,401257,331
TOTAL ASSETS LESS CURRENT LIABILITIES514,614611,103
PROVISIONS FOR LIABILITIES AND CHARGES813,50010,860
NET ASSETS501,114600,243
CAPITAL AND RESERVES
Called up share capital944
Share premium account10251,176251,176
Profit and loss account249,934349,063
SHAREHOLDERS' FUNDS501,114600,243
For the year ending 31/12/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/04/2025 and signed on their behalf by
.............................
G Scargill
Director

SMS Care Homes Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Fixed assets are shown at historical cost.
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
No depreciation is provided on Freehold Land.
Land And Buildingsstraight line2%
Plant And Machinerystraight line20%
Fixtures And Fittingsstraight line20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

SMS Care Homes Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/01/2024185,778185,778
At 31/12/2024185,778185,778
Depreciation
At 01/01/2024185,778185,778
At 31/12/2024185,778185,778
Net Book Amounts
At 31/12/2024--
3. TANGIBLE FIXED ASSETS
Land AndPlant andFixtures
BuildingsMachineryand FittingsTotal
££££
Cost
At 01/01/2024403,16071,25891,766566,184
Additions24,7242,071-26,795
Disposals(30,966)--(30,966)
At 31/12/2024396,91873,32991,766562,013
Depreciation
At 01/01/202458,08164,51389,818212,412
For the year4,7342,6819738,388
At 31/12/202462,81567,19490,791220,800
Net Book Amounts
At 31/12/2024334,1036,135975341,213
At 31/12/2023345,0796,7451,948353,772
As regards the Land and buildings shown above the Directors estimate the Freehold Land element to be £160,200 (2023 £167,252). The land is not depreciated.
4. STOCK 20242023
££
Stock comprises:
Stock7,01011,980
7,01011,980

SMS Care Homes Limited

5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors17,834658
Other debtors1,5492,235
Prepayments17,48616,113
Directors current account-GS88,910112,279
Directors current account-SS76,03597,595
201,814228,880
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax1,43021,450
VAT42,16656,990
PAYE control6,3828,329
Credit card4,8783,696
Trade creditors38,76637,092
Other creditors-93
Accruals1,95328,753
Deferred income7,1529,965
102,727166,368
7. EMPLOYEES
20242023
No.No.
Average number of employees2224
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation13,50010,860
13,50010,860

SMS Care Homes Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
4 Ordinary shares of £1 each44
44
10. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account251,176251,176
11. OTHER FINANCIAL COMMITMENTS
At 31/12/2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year77,06478,684
Within two to five years257,584274,124
After 5 years85,000145,000
12. CONTROLLING PARTY
Their is no ultimate controlling party.
13. RELATED PARTY TRANSACTIONS
The director's current account balance relating to G Scargill was £88,910 (2023 £112,279). The loan is interest free and repayble on demand.
The director's current account balance relating to S M Scargill was £76,035 (2023 £97,595). The loan is interest free and repayable on demand.