Company Registration No. 08657840 (England and Wales)
BDP SOCIAL CARE LTD
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
BDP SOCIAL CARE LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
BDP SOCIAL CARE LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
314,074
312,971
Current assets
Debtors
4
76,809
87,084
Cash at bank and in hand
58,814
132,909
135,623
219,993
Creditors: amounts falling due within one year
5
(44,045)
(131,667)
Net current assets
91,578
88,326
Total assets less current liabilities
405,652
401,297
Provisions for liabilities
Deferred tax liability
3,232
2,155
(3,232)
(2,155)
Net assets
402,420
399,142
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
402,320
399,042
Total equity
402,420
399,142
BDP SOCIAL CARE LTD
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -
For the financial Year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the Year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 3 April 2025 and are signed on its behalf by:
Mr D Taylor
Mrs L A Taylor
Director
Director
Company Registration No. 08657840
BDP SOCIAL CARE LTD
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 3 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the Year was:
2024
2023
Number
Number
16
17
2
Taxation
2024
2023
£
£
Current tax
UK corporation tax on profits for the current period
6,959
30,675
Deferred tax
Origination and reversal of timing differences
2,098
2,482
Changes in tax rates
(1,021)
517
Total deferred tax
1,077
2,999
Total tax charge
8,036
33,674
The actual charge for the Year can be reconciled to the expected charge for the Year based on the profit or loss and the standard rate of tax as follows:
2024
2023
£
£
Profit before taxation
41,314
146,942
Expected tax charge based on the standard rate of corporation tax in the UK of 19.00% (2023: 20.88%)
7,850
30,674
Tax effect of expenses that are not deductible in determining taxable profit
453
Capital allowances
(4,042)
2,482
Deferred tax charge
3,775
518
Taxation charge for the period
8,036
33,674
BDP SOCIAL CARE LTD
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 4 -
3
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2023
284,529
61,015
44,946
390,490
Additions
7,966
9,990
17,956
Disposals
(475)
(19,851)
(20,326)
At 30 September 2024
284,529
68,506
35,085
388,120
Depreciation and impairment
At 1 October 2023
9,257
37,429
30,833
77,519
Depreciation charged in the Year
3,703
4,083
4,525
12,311
Eliminated in respect of disposals
(30)
(15,754)
(15,784)
At 30 September 2024
12,960
41,482
19,604
74,046
Carrying amount
At 30 September 2024
271,569
27,024
15,481
314,074
At 30 September 2023
275,272
23,586
14,113
312,971
The carrying value of land and buildings comprises:
2024
2023
£
£
Freehold
247,500
247,500
The net carrying value of tangible fixed assets includes the following in respect of assets held under finance leases or hire purchase contracts.
2024
2023
£
£
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
67,994
81,259
Prepayments and accrued income
8,815
5,825
76,809
87,084
BDP SOCIAL CARE LTD
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 5 -
5
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Other borrowings
6
1,314
1,038
Trade creditors
2,714
18,132
Corporation tax
6,959
30,676
Other taxation and social security
35,065
44,235
Other creditors
(4,862)
32,638
Accruals and deferred income
2,855
4,948
44,045
131,667
6
Loans and overdrafts
2024
2023
£
£
Other loans
1,314
1,038
Payable within one year
1,314
1,038
Details of security provided:
The bank loan is secured by fixed and floating charges over the company's assets. Net obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.
7
Related party transactions
Dividends paid to the Directors in the year were as follows:
D Taylor £12,000
L Taylor £18,000
The balance due to the Directors as at the Balance Sheet date was:
D Taylor £NIL (2023 £NIL)
L Taylor -£5,303 (2023 £31,478)