Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31false582023-08-01falseNo description of principal activity58truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09112755 2023-08-01 2024-07-31 09112755 2022-08-01 2023-07-31 09112755 2024-07-31 09112755 2023-07-31 09112755 c:Director1 2023-08-01 2024-07-31 09112755 d:Buildings d:ShortLeaseholdAssets 2023-08-01 2024-07-31 09112755 d:Buildings d:ShortLeaseholdAssets 2024-07-31 09112755 d:Buildings d:ShortLeaseholdAssets 2023-07-31 09112755 d:PlantMachinery 2023-08-01 2024-07-31 09112755 d:PlantMachinery 2024-07-31 09112755 d:PlantMachinery 2023-07-31 09112755 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09112755 d:FurnitureFittings 2023-08-01 2024-07-31 09112755 d:FurnitureFittings 2024-07-31 09112755 d:FurnitureFittings 2023-07-31 09112755 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09112755 d:OfficeEquipment 2023-08-01 2024-07-31 09112755 d:OfficeEquipment 2024-07-31 09112755 d:OfficeEquipment 2023-07-31 09112755 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09112755 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09112755 d:CurrentFinancialInstruments 2024-07-31 09112755 d:CurrentFinancialInstruments 2023-07-31 09112755 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09112755 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09112755 d:ShareCapital 2024-07-31 09112755 d:ShareCapital 2023-07-31 09112755 d:RetainedEarningsAccumulatedLosses 2024-07-31 09112755 d:RetainedEarningsAccumulatedLosses 2023-07-31 09112755 c:FRS102 2023-08-01 2024-07-31 09112755 c:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 09112755 c:FullAccounts 2023-08-01 2024-07-31 09112755 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09112755 d:WithinOneYear 2024-07-31 09112755 d:WithinOneYear 2023-07-31 09112755 d:BetweenOneFiveYears 2024-07-31 09112755 d:BetweenOneFiveYears 2023-07-31 09112755 d:MoreThanFiveYears 2024-07-31 09112755 d:MoreThanFiveYears 2023-07-31 09112755 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 09112755










FOREST PINES CARE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
FOREST PINES CARE LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FOREST PINES CARE LIMITED
FOR THE YEAR ENDED 31 JULY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Forest Pines Care Limited for the year ended 31 July 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Forest Pines Care Limited, as a body, in accordance with the terms of our engagement letter dated 16 April 2021Our work has been undertaken solely to prepare for your approval the financial statements of Forest Pines Care Limited and state those matters that we have agreed to state to the Board of directors of Forest Pines Care Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Forest Pines Care Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Forest Pines Care Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Forest Pines Care Limited. You consider that Forest Pines Care Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Forest Pines Care 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 financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
24 March 2025
Page 1

 
FOREST PINES CARE LIMITED
REGISTERED NUMBER: 09112755

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
506,388
391,282

  
506,388
391,282

Current assets
  

Debtors: amounts falling due within one year
 5 
1,086,032
561,753

Cash at bank and in hand
  
45,785
143,192

  
1,131,817
704,945

Creditors: amounts falling due within one year
 6 
(1,604,021)
(1,107,739)

Net current liabilities
  
 
 
(472,204)
 
 
(402,794)

Total assets less current liabilities
  
34,184
(11,512)

  

Net assets/(liabilities)
  
34,184
(11,512)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
34,084
(11,612)

  
34,184
(11,512)


Page 2

 
FOREST PINES CARE LIMITED
REGISTERED NUMBER: 09112755
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 March 2025.




Esquire Pearl Realty Limited
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
FOREST PINES CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Forest Pines Care Limited is a United Kingdom Company limited by shares. It is incorporated and domiciled in England and Wales. The registered office address is 2 Mile Oak, Maesbury Road, Oswestry, SY10 8GA.
During the year, the principal activity of the Company was the operation of residential care homes.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is dependent upon the continuing support of the landlord. The directors remain confident that ongoing support will be forthcoming for the foreseeable future, being the period of at least one year from the approval date of these financial statements, enabling the company to meet its obligations as they fall due. Accordingly, the financial statements have been prepared on the going concern basis.

 
2.3

Revenue

Revenue comprises revenue recognised by the company in respect of the provision of residential care and services supplied during the year, accounted for on an accruals basis.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
FOREST PINES CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
15 year straight line
Plant and machinery
-
4 year straight line
Fixtures and fittings
-
4 year straight line
Office equipment
-
4 year straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable 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.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 58 (2023 - 58).

Page 5

 
FOREST PINES CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Leasehold property improv'ts
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
477,331
15,604
113,493
11,491
617,919


Additions
150,023
-
17,067
-
167,090



At 31 July 2024

627,354
15,604
130,560
11,491
785,009



Depreciation


At 1 August 2023
126,871
14,597
77,690
7,479
226,637


Charge for the year on owned assets
31,822
1,007
17,170
1,985
51,984



At 31 July 2024

158,693
15,604
94,860
9,464
278,621



Net book value



At 31 July 2024
468,661
-
35,700
2,027
506,388



At 31 July 2023
350,460
1,007
35,803
4,012
391,282

Page 6

 
FOREST PINES CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
151,574
109,570

Other debtors
919,886
440,721

Prepayments and accrued income
14,572
11,462

1,086,032
561,753



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
95,912
59,130

Other taxation and social security
240,018
52,999

Other creditors
210,953
101,618

Accruals and deferred income
1,057,138
893,992

1,604,021
1,107,739



7.


Commitments under operating leases

At 31 July 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
150,000
150,000

Later than 1 year and not later than 5 years
600,000
600,000

Later than 5 years
1,875,000
2,025,000

2,625,000
2,775,000

 
Page 7