IRIS Accounts Production v25.1.0.734 04829915 director 1.8.23 31.7.24 31.7.24 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048299152023-07-31048299152024-07-31048299152023-08-012024-07-31048299152022-07-31048299152022-08-012023-07-31048299152023-07-3104829915ns15:EnglandWales2023-08-012024-07-3104829915ns14:PoundSterling2023-08-012024-07-3104829915ns10:Director12023-08-012024-07-3104829915ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3104829915ns10:SmallEntities2023-08-012024-07-3104829915ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3104829915ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3104829915ns10:FullAccounts2023-08-012024-07-3104829915ns10:OrdinaryShareClass12023-08-012024-07-3104829915ns10:CompanySecretary12023-08-012024-07-3104829915ns10:RegisteredOffice2023-08-012024-07-3104829915ns5:CurrentFinancialInstruments2024-07-3104829915ns5:CurrentFinancialInstruments2023-07-3104829915ns5:Non-currentFinancialInstruments2024-07-3104829915ns5:Non-currentFinancialInstruments2023-07-3104829915ns5:ShareCapital2024-07-3104829915ns5:ShareCapital2023-07-3104829915ns5:RetainedEarningsAccumulatedLosses2024-07-3104829915ns5:RetainedEarningsAccumulatedLosses2023-07-3104829915ns5:PlantMachinery2023-08-012024-07-3104829915ns5:FurnitureFittings2023-08-012024-07-3104829915ns5:LeaseholdImprovements2023-07-3104829915ns5:PlantMachinery2023-07-3104829915ns5:FurnitureFittings2023-07-3104829915ns5:LeaseholdImprovements2023-08-012024-07-3104829915ns5:LeaseholdImprovements2024-07-3104829915ns5:PlantMachinery2024-07-3104829915ns5:FurnitureFittings2024-07-3104829915ns5:LeaseholdImprovements2023-07-3104829915ns5:PlantMachinery2023-07-3104829915ns5:FurnitureFittings2023-07-3104829915ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3104829915ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3104829915ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-07-3104829915ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-07-3104829915ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-07-3104829915ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3104829915ns5:DeferredTaxation2023-07-3104829915ns5:DeferredTaxation2023-08-012024-07-3104829915ns5:DeferredTaxation2024-07-3104829915ns10:OrdinaryShareClass12024-07-31
REGISTERED NUMBER: 04829915 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

THE LAURELS RESIDENTIAL CARE HOME
LIMITED

THE LAURELS RESIDENTIAL CARE HOME
LIMITED (REGISTERED NUMBER: 04829915)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


THE LAURELS RESIDENTIAL CARE HOME
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mrs M B Mitchell





SECRETARY: M Gurhy





REGISTERED OFFICE: 2 Jardine House
Harrovian Business Village
Bessborough Road, Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 04829915 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

THE LAURELS RESIDENTIAL CARE HOME
LIMITED (REGISTERED NUMBER: 04829915)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 11,856 15,808

CURRENT ASSETS
Debtors 5 98,878 91,600
Cash at bank 20 20
98,898 91,620
CREDITORS
Amounts falling due within one year 6 91,556 86,193
NET CURRENT ASSETS 7,342 5,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,198

21,235

CREDITORS
Amounts falling due after more than one
year

7

(11,749

)

(17,564

)

PROVISIONS FOR LIABILITIES 8 (2,278 ) (2,865 )
NET ASSETS 5,171 806

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 5,071 706
SHAREHOLDERS' FUNDS 5,171 806

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

THE LAURELS RESIDENTIAL CARE HOME
LIMITED (REGISTERED NUMBER: 04829915)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2025 and were signed by:





Mrs M B Mitchell - Director


THE LAURELS RESIDENTIAL CARE HOME
LIMITED (REGISTERED NUMBER: 04829915)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

The Laurels Residential Care Home Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

GOING CONCERN
The company meets its day to day working capital requirements with the support of its director, bankers and creditors. At the time of approving these financial statements, the board have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The board have taken all of these factors into account in their decision to prepare the financial statements on a going concern basis.

TURNOVER
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 25% 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

THE LAURELS RESIDENTIAL CARE HOME
LIMITED (REGISTERED NUMBER: 04829915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 75,027 23,783 79,387 178,197
DEPRECIATION
At 1 August 2023 75,027 14,690 72,672 162,389
Charge for year - 2,273 1,679 3,952
At 31 July 2024 75,027 16,963 74,351 166,341
NET BOOK VALUE
At 31 July 2024 - 6,820 5,036 11,856
At 31 July 2023 - 9,093 6,715 15,808

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 5,342 8,063
Director's current account 70,656 65,378
Tax 22,880 18,159
98,878 91,600

THE LAURELS RESIDENTIAL CARE HOME
LIMITED (REGISTERED NUMBER: 04829915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 20,135 12,195
Corporation tax 37,646 39,001
Social security and other taxes 1,765 2,125
Other creditors 4,085 988
Accruals and deferred income 27,925 31,884
91,556 86,193

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans - 1-2 years 10,680 10,680
Bank loans - 2-5 years 1,069 6,884
11,749 17,564

8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 2,278 2,865

Deferred
tax
£   
Balance at 1 August 2023 2,865
Provided during year (587 )
Balance at 31 July 2024 2,278

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary shares 1 100 100

10. RELATED PARTY DISCLOSURES

During the year under review, rent payments totalling £30,000 were paid to Mrs M B Mitchell.

11. ULTIMATE CONTROLLING PARTY

During the year under review, the company was under the control of Mrs M B Mitchell, its sole director and owner of the entire share capital.