UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RS CARE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

6

DIRECTORS:

R S Patel

Mrs M H Shah

N Dodhia

SECRETARY:

Mrs M H Shah

REGISTERED OFFICE:

Canjayar

Tydcombe Road

Warlingham

Surrey

CR6 9LU

REGISTERED NUMBER:

05097657 (England and Wales)

ACCOUNTANTS:

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

FIXED ASSETS

Tangible assets

4

1,820,942

1,794,043

Investments

5

1,663

485,010

1,822,605

2,279,053

CURRENT ASSETS

Debtors

6

687,064

155,456

Cash at bank and in hand

126,193

59,657

813,257

215,113

CREDITORS

Amounts falling due within one year

7

818,717

757,851

NET CURRENT LIABILITIES

(5,460

)

(542,738

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,817,145

1,736,315

CREDITORS

Amounts falling due after more than one year

8

10,000

78,069

NET ASSETS

1,807,145

1,658,246

CAPITAL AND RESERVES

Called up share capital

10,002

10,002

Retained earnings

1,797,143

1,648,244

SHAREHOLDERS' FUNDS

1,807,145

1,658,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:

R S Patel - Director

1.	STATUTORY INFORMATION

RS Care Homes 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% straight line

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Government grants

Grant income is recognised in the profit and loss on the accruals basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2023 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2023

1,756,385

18,322

383,772

Additions

20,276

-

25,029

At 30 September 2024

1,776,661

18,322

408,801

DEPRECIATION

At 1 October 2023

-

18,322

352,487

Charge for year

-

-

21,439

At 30 September 2024

-

18,322

373,926

NET BOOK VALUE

At 30 September 2024

1,776,661

-

34,875

At 30 September 2023

1,756,385

-

31,285

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2023

24,156

35,814

2,218,449

Additions

-

6,729

52,034

At 30 September 2024

24,156

42,543

2,270,483

DEPRECIATION

At 1 October 2023

24,156

29,441

424,406

Charge for year

-

3,696

25,135

At 30 September 2024

24,156

33,137

449,541

NET BOOK VALUE

At 30 September 2024

-

9,406

1,820,942

At 30 September 2023

-

6,373

1,794,043

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 October 2023

485,010

Reclassification/transfer

(483,347

)

At 30 September 2024

1,663

NET BOOK VALUE

At 30 September 2024

1,663

At 30 September 2023

485,010

Amounts loaned to associate companies at the same time shares were purchased have been incorrectly disclosed as part of the investment. These amounts should have been shown as debtors due to the amounts being repayable. This correction has therefore been made in these accounts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

670,039

135,352

Prepayments and accrued income

17,025

20,104

687,064

155,456

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

68,147

104,500

Shareholders loans

408,182

440,487

Trade creditors

180,539

75,180

Tax

70,968

63,228

Other creditors

24,238

6,920

Accrued expenses

66,643

67,536

818,717

757,851

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

10,000

78,069

9.	RELATED PARTY DISCLOSURES

Dividends paid to directors and shareholders £72,000.

10.	ULTIMATE CONTROLLING PARTY

The Directors consider that there is no ultimate controlling party.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RS Care Homes Limited for the year ended 30 September 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of RS Care Homes Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of RS Care Homes Limited and state those matters that we have agreed to state to the Board of Directors of RS Care Homes Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that RS Care Homes 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 RS Care Homes Limited. You consider that RS Care Homes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of RS Care Homes 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.

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

20 June 2025