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REGISTERED NUMBER: 06718454 (England and Wales)









MAYFLOWER HOUSE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






MAYFLOWER HOUSE LIMITED (REGISTERED NUMBER: 06718454)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAYFLOWER HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: L Webb



REGISTERED OFFICE: 7 Sandy Court
Ashleigh Way
Langage Business Park
Plymouth
Devon
PL7 5JX



REGISTERED NUMBER: 06718454 (England and Wales)



AUDITORS: WP Audit Services LLP
Chartered Accountant & Statutory Auditor
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA



BANKERS: National Westminster Bank Plc
14 Old Town Street
Plymouth
Devon
PL1 1DG

MAYFLOWER HOUSE LIMITED (REGISTERED NUMBER: 06718454)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 40,011 29,180

CURRENT ASSETS
Debtors 6 368,369 775,819
Cash at bank and in hand 131,514 113,812
499,883 889,631
CREDITORS
Amounts falling due within one year 7 114,856 494,735
NET CURRENT ASSETS 385,027 394,896
TOTAL ASSETS LESS CURRENT LIABILITIES 425,038 424,076

PROVISIONS FOR LIABILITIES 46,940 43,034
NET ASSETS 378,098 381,042

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 378,096 381,040
SHAREHOLDERS' FUNDS 378,098 381,042

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2025 and were signed by:





L Webb - Director


MAYFLOWER HOUSE LIMITED (REGISTERED NUMBER: 06718454)

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

1. STATUTORY INFORMATION

Mayflower House 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

The financial statements have been prepared under the historical cost convention.

The director believes that the company is experiencing good levels of sales and profitability, and that it is well place to manage its business risks successfully. Accordingly, she has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the company continues to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption
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 other group entities.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key estimates made are as follows:

(i) Provisions for liabilities
Provisions are made in the accounts for expenses not yet invoiced where it is anticipated that a charge may arise in future years. This is estimated from the total expected cost multiplied by a probability factor. The expected cost comes from the most recent known costs for the same goods or service. The probability factor works on the full costs incurred within the last 12 months and then a sliding scale on any older amounts.

The director considers that there are no other critical estimates used in the accounts preparation, as entries are backed up to subsequent supporting transactions.

Turnover
Turnover represents net invoiced residential care home fees. Turnover is recognised per night that a room is occupied. Deferred income is recognised when payment is received in advance of the service being provided.

MAYFLOWER HOUSE LIMITED (REGISTERED NUMBER: 06718454)

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

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery - 25% straight line
Fixtures and fittings - 25% straight line
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reveal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that result in the tax expense (income).

Operating leases
Leases that do no transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Pension costs and other post-retirement benefits
Short- term employee benefits and contributions to defined contribution plans are recognised as an expense in the period in which they are incurred.

MAYFLOWER HOUSE LIMITED (REGISTERED NUMBER: 06718454)

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

3. ACCOUNTING POLICIES - continued

Provisions for liabilities
Provisions are recognised when the Company has a present (legal or constructive) obligation as a result of a past event; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

In particular, in these accounts, provisions have been made for expenses not yet invoiced where it is anticipated that a charge may arise in future years. This is estimated from the total expected cost multiplied by a probability factor. The expected cost comes from the most recent known costs for the same goods or service. The probability factor works on the full costs incurred within the last 12 months and then a sliding scale on any older amounts.

Grant income
Income received in relation to grants are classified either as relating to revenue or to assets.

Grants relating to revenue are recognised in other income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Where a timing difference arises, the income is held on the balance sheet. When received in arrears the expected income is recognises as a debtor so long as the relevant conditions have been satisfied. When received in advance of costs, the income is held as deferred income and systematically released to the profit and loss in the periods the cost is incurred.

Grants relating to assets are recognised initially as deferred income and released to other income on a systematic basis over the expected useful life of the asset.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2023 - 38 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 37,183 12,501 5,800 976 56,460
Additions - 26,034 - 511 26,545
At 31 August 2024 37,183 38,535 5,800 1,487 83,005
DEPRECIATION
At 1 September 2023 15,675 6,409 4,424 772 27,280
Charge for year 9,205 5,986 344 179 15,714
At 31 August 2024 24,880 12,395 4,768 951 42,994
NET BOOK VALUE
At 31 August 2024 12,303 26,140 1,032 536 40,011
At 31 August 2023 21,508 6,092 1,376 204 29,180

MAYFLOWER HOUSE LIMITED (REGISTERED NUMBER: 06718454)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 28,335 38,208
Amounts owed by group undertakings 322,290 732,448
Other debtors 17,744 5,163
368,369 775,819

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 28,069 13,058
Amounts owed to group undertakings - 405,656
Taxation and social security 46,857 45,404
Other creditors 39,930 30,617
114,856 494,735

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 7,538 2,088
Between one and five years 2,831 174
10,369 2,262

9. SECURED DEBTS

The immediate parent company has an outstanding loan balance which is secured by way of a fixed charge against all the assets held by the immediate parent company and its subsidiaries, including Mayflower House Limited.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephanie Williams (Senior Statutory Auditor)
for and on behalf of WP Audit Services LLP

11. ULTIMATE CONTROLLING PARTY

The director, Mrs L Webb, is the ultimate controlling party through her 100% shareholding in the ultimate parent company, A & L Care Group Limited.

Mayflower House Limited is a subsidiary of the intermediate parent company, A & L Care Homes Holdings Limited, who in turn are wholly owned by A & L Care Group Limited.

The consolidated accounts of A & L Care Group Limited of 7 Sandy Court, Ashleigh Way, Langage Business Park, Plympton,Plymouth, PL7 5JX, of which this entity is a member, will be available from Companies House, Crown Way, Cardiff.

12. PROVISIONS

A provision is included on the Balance Sheet for £39,658 (2023: £38,634) relating to expenses not yet invoiced where it is anticipated that a charge may arise in future years.