Company Registration No. 04668554 (England and Wales)
SOVEREIGN CARE (NORTH EAST) LTD
Unaudited accounts
for the year ended 31 August 2024
SOVEREIGN CARE (NORTH EAST) LTD
Unaudited accounts
Contents
SOVEREIGN CARE (NORTH EAST) LTD
Company Information
for the year ended 31 August 2024
Directors
Stephen Hunter
Linda Hunter
Company Number
04668554 (England and Wales)
Registered Office
GAME KEEPERS COTTAGE
LIMESTONE LANE
PONTELAND
NE20 0DD
SOVEREIGN CARE (NORTH EAST) LTD
Statement of financial position
as at 31 August 2024
Tangible assets
655,876
654,030
Cash at bank and in hand
124,001
114,379
Creditors: amounts falling due within one year
(572,723)
(539,771)
Net current liabilities
(344,420)
(404,924)
Total assets less current liabilities
311,456
249,106
Creditors: amounts falling due after more than one year
(117,673)
(167,393)
Provisions for liabilities
Other provisions
(9,316)
(6,484)
Called up share capital
2
2
Profit and loss account
184,465
75,227
Shareholders' funds
184,467
75,229
For the year ending 31 August 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 January 2025 and were signed on its behalf by
Stephen Hunter
Director
Company Registration No. 04668554
SOVEREIGN CARE (NORTH EAST) LTD
Notes to the Accounts
for the year ended 31 August 2024
SOVEREIGN CARE (NORTH EAST) LTD is a private company, limited by shares, registered in England and Wales, registration number 04668554. The registered office is GAME KEEPERS COTTAGE, LIMESTONE LANE, PONTELAND, NE20 0DD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% straight line
Fixtures & fittings
15% straight line
Computer equipment
15% straight line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
651,026
159,547
17,974
828,547
Additions
-
18,483
-
18,483
At 31 August 2024
651,026
178,030
17,974
847,030
At 1 September 2023
46,027
113,678
14,812
174,517
Charge for the year
6,510
9,653
474
16,637
At 31 August 2024
52,537
123,331
15,286
191,154
At 31 August 2024
598,489
54,699
2,688
655,876
At 31 August 2023
604,999
45,869
3,162
654,030
SOVEREIGN CARE (NORTH EAST) LTD
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
43,916
17,692
Other debtors
58,686
1,076
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
35,074
28,435
Trade creditors
3,994
2,445
Taxes and social security
102,254
76,279
Other creditors
8,526
8,135
Loans from directors
-
1,602
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
117,673
167,393
8
Average number of employees
During the year the average number of employees was 29 (2023: 30).