Registered number
08051516
NIGHTINGALE HOMECARE GROUP LTD
Filleted Accounts
30 June 2024
NIGHTINGALE HOMECARE GROUP LTD
Registered number: 08051516
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 8,667
Tangible assets 4 - 168
Investments 5 398,087 398,087
398,087 406,922
Current assets
Debtors 6 190,860 266,406
Cash at bank and in hand 49,060 3,067
239,920 269,473
Creditors: amounts falling due within one year 7 (120,842) (275,120)
Net current assets/(liabilities) 119,078 (5,647)
Total assets less current liabilities 517,165 401,275
Provisions for liabilities - (42)
Net assets 517,165 401,233
Capital and reserves
Called up share capital 99 99
Profit and loss account 517,066 401,134
Shareholders' funds 517,165 401,233
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A Bantock
Director
Approved by the board on 16 June 2025
NIGHTINGALE HOMECARE GROUP LTD
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 4 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2023 52,000
At 30 June 2024 52,000
Amortisation
At 1 July 2023 43,333
Provided during the year 8,667
At 30 June 2024 52,000
Net book value
At 30 June 2024 -
At 30 June 2023 8,667
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 1,826
At 30 June 2024 1,826
Depreciation
At 1 July 2023 1,658
Charge for the year 168
At 30 June 2024 1,826
Net book value
At 30 June 2024 -
At 30 June 2023 168
5 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 July 2023 398,087
At 30 June 2024 398,087
6 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 188,294 248,842
Other debtors 2,566 17,564
190,860 266,406
7 Creditors: amounts falling due within one year 2024 2023
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 100,572 55,371
Taxation and social security costs 716 2,935
Other creditors 19,554 216,814
120,842 275,120
8 Related party transactions
There are the following amounts owed to the directors at the year end being the directors' loan accounts; Mr A Bantock £2,266 (2023 £26,695) Mr C Long £5,822 (2023 £26,985)
9 Controlling party
The directors are the controlling party by virtue of their ability to act in concert.
10 Other information
NIGHTINGALE HOMECARE GROUP LTD is a private company limited by shares and incorporated in England. Its registered office is:
3 and 4 Taverners Square
Silver Road,
Norwich
Norfolk
NR3 4SY
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