Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312024-08-31Residential care activities for the elderly and disabledfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-09-015669falsefalse 03819684 2023-09-01 2024-08-31 03819684 2022-09-01 2023-08-31 03819684 2024-08-31 03819684 2023-08-31 03819684 2022-09-01 03819684 5 2022-09-01 2023-08-31 03819684 d:Director1 2023-09-01 2024-08-31 03819684 d:RegisteredOffice 2023-09-01 2024-08-31 03819684 e:Buildings 2023-09-01 2024-08-31 03819684 e:Buildings 2024-08-31 03819684 e:Buildings 2023-08-31 03819684 e:Buildings e:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03819684 e:PlantMachinery 2023-09-01 2024-08-31 03819684 e:PlantMachinery 2024-08-31 03819684 e:PlantMachinery 2023-08-31 03819684 e:PlantMachinery e:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03819684 e:MotorVehicles 2023-09-01 2024-08-31 03819684 e:MotorVehicles 2024-08-31 03819684 e:MotorVehicles 2023-08-31 03819684 e:MotorVehicles e:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03819684 e:FurnitureFittings 2023-09-01 2024-08-31 03819684 e:FurnitureFittings 2024-08-31 03819684 e:FurnitureFittings 2023-08-31 03819684 e:FurnitureFittings e:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03819684 e:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03819684 e:CurrentFinancialInstruments 2024-08-31 03819684 e:CurrentFinancialInstruments 2023-08-31 03819684 e:Non-currentFinancialInstruments 2024-08-31 03819684 e:Non-currentFinancialInstruments 2023-08-31 03819684 e:CurrentFinancialInstruments e:WithinOneYear 2024-08-31 03819684 e:CurrentFinancialInstruments e:WithinOneYear 2023-08-31 03819684 e:Non-currentFinancialInstruments e:AfterOneYear 2024-08-31 03819684 e:Non-currentFinancialInstruments e:AfterOneYear 2023-08-31 03819684 e:Non-currentFinancialInstruments e:MoreThanFiveYears 2024-08-31 03819684 e:Non-currentFinancialInstruments e:MoreThanFiveYears 2023-08-31 03819684 e:ShareCapital 2023-09-01 2024-08-31 03819684 e:ShareCapital 2024-08-31 03819684 e:ShareCapital 2022-09-01 2023-08-31 03819684 e:ShareCapital 2023-08-31 03819684 e:ShareCapital 2022-09-01 03819684 e:RevaluationReserve 2023-09-01 2024-08-31 03819684 e:RevaluationReserve 2024-08-31 03819684 e:RevaluationReserve 2022-09-01 2023-08-31 03819684 e:RevaluationReserve 2023-08-31 03819684 e:RevaluationReserve 2022-09-01 03819684 e:RevaluationReserve 5 2022-09-01 2023-08-31 03819684 e:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 03819684 e:RetainedEarningsAccumulatedLosses 2024-08-31 03819684 e:RetainedEarningsAccumulatedLosses 2022-09-01 2023-08-31 03819684 e:RetainedEarningsAccumulatedLosses 2023-08-31 03819684 e:RetainedEarningsAccumulatedLosses 2022-09-01 03819684 e:AcceleratedTaxDepreciationDeferredTax 2024-08-31 03819684 e:AcceleratedTaxDepreciationDeferredTax 2023-08-31 03819684 e:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-09-01 2024-08-31 03819684 e:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-08-31 03819684 e:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-08-31 03819684 d:FRS102 2023-09-01 2024-08-31 03819684 d:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03819684 d:FullAccounts 2023-09-01 2024-08-31 03819684 d:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03819684 e:Subsidiary1 2023-09-01 2024-08-31 03819684 e:Subsidiary1 1 2023-09-01 2024-08-31 03819684 d:Consolidated 2024-08-31 03819684 d:ConsolidatedGroupCompanyAccounts 2023-09-01 2024-08-31 03819684 2 2023-09-01 2024-08-31 03819684 5 2023-09-01 2024-08-31 03819684 6 2023-09-01 2024-08-31 03819684 f:PoundSterling 2023-09-01 2024-08-31 03819684 e:RetainedEarningsAccumulatedLosses 5 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 03819684









R SONS (HOMES) LIMITED







UNAUDITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
R SONS (HOMES) LIMITED
 
 
COMPANY INFORMATION


Director
Anil Kumar Raojibhai Patel 




Registered number
03819684



Registered office
Sterling House
31/32 High Street

Wellingborough

Northants

NN8 4HL





 
R SONS (HOMES) LIMITED
 

CONTENTS



Page
Director's Report
1
Consolidated Statement of Comprehensive Income
2
Consolidated Statement of Financial Position
3 - 4
Company Statement of Financial Position
5 - 6
Consolidated Statement of Changes in Equity
7
Company Statement of Changes in Equity
8
Notes to the Financial Statements
9 - 20


 
R SONS (HOMES) LIMITED
 
 
 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024

The director presents his report and the financial statements for the year ended 31 August 2024.

Director

The director who served during the year was:

Anil Kumar Raojibhai Patel 

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.
 





Anil Kumar Raojibhai Patel
Director

Date: 14 August 2025

Page 1

 
R SONS (HOMES) LIMITED
 
 
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 AUGUST 2024

2024
2023
Note
£
£

  

Turnover
  
3,538,802
3,671,027

Cost of sales
  
(2,095,669)
(2,748,447)

Gross profit
  
1,443,133
922,580

Administrative expenses
  
(637,614)
(347,238)

Other operating income
  
102,241
106,271

Operating profit
  
907,760
681,613

Interest receivable and similar income
  
8,152
4,549

Interest payable and similar expenses
  
(121,057)
(187,348)

Profit before taxation
  
794,855
498,814

Tax on profit
  
(171,765)
(178,904)

Profit for the financial year
  
623,090
319,910

  

Total comprehensive income for the year
  
623,090
319,910

Profit for the year attributable to:
  

Dividend
  
69,000
-

Owners of the parent Company
  
554,090
319,910

  
623,090
319,910

Page 2

 
R SONS (HOMES) LIMITED
REGISTERED NUMBER: 03819684

CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,486,858
2,551,121

Investments in property
 5 
1,760,000
1,760,000

  
4,246,858
4,311,121

Current assets
  

Stocks
 6 
2,600
2,600

Debtors: amounts falling due within one year
 7 
44,241
79,892

Cash at bank and in hand
 8 
1,933,215
1,360,962

  
1,980,056
1,443,454

Creditors: amounts falling due within one year
 9 
(1,050,411)
(1,174,952)

Net current assets
  
 
 
929,645
 
 
268,502

Total assets less current liabilities
  
5,176,503
4,579,623

Creditors: amounts falling due after more than one year
 10 
(1,407,357)
(1,359,791)

Provisions for liabilities
  

Deferred taxation
 12 
(299,640)
(306,182)

Other provisions
 13 
(7,180)
(5,414)

  
 
 
(306,820)
 
 
(311,596)

Net assets excluding pension asset
  
3,462,326
2,908,236

Net assets
  
3,462,326
2,908,236


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
  
1,259,576
1,259,576

Profit and loss account
  
2,202,650
1,648,560

Equity attributable to owners of the parent Company
  
3,462,326
2,908,236

  
3,462,326
2,908,236


Page 3

 
R SONS (HOMES) LIMITED
REGISTERED NUMBER: 03819684
    
CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 August 2025.




Anil Kumar Raojibhai Patel
Director

The notes on pages 9 to 20 form part of these financial statements.

Page 4

 
R SONS (HOMES) LIMITED
REGISTERED NUMBER: 03819684

COMPANY STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,401,079
1,434,219

Investments in subsidiary and property
 5 
5,199,320
5,199,320

  
6,600,399
6,633,539

Current assets
  

Stocks
 6 
2,600
2,600

Debtors: amounts falling due within one year
 7 
18,611
18,290

Cash at bank and in hand
 8 
1,204,472
915,530

  
1,225,683
936,420

Creditors: amounts falling due within one year
 9 
(1,498,587)
(1,697,317)

Net current liabilities
  
 
 
(272,904)
 
 
(760,897)

Total assets less current liabilities
  
6,327,495
5,872,642

  

Creditors: amounts falling due after more than one year
 10 
(1,407,357)
(1,359,791)

Provisions for liabilities
  

Deferred taxation
 12 
(276,756)
(283,321)

Other provisions
 13 
(2,399)
(2,214)

  
 
 
(279,155)
 
 
(285,535)

Net assets excluding pension asset
  
4,640,983
4,227,316

Net assets
  
4,640,983
4,227,316


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
  
1,259,576
1,259,576

Profit and loss account brought forward
  
2,967,640
2,654,054

Profit for the year
  
413,667
313,586

Profit and loss account carried forward
  
3,381,307
2,967,640

  
4,640,983
4,227,316


Page 5

 
R SONS (HOMES) LIMITED
REGISTERED NUMBER: 03819684
    
COMPANY STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the Company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 August 2025.


Anil Kumar Raojibhai Patel
Director

The notes on pages 9 to 20 form part of these financial statements.

Page 6

 
R SONS (HOMES) LIMITED
 

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2024


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 September 2023
100
1,259,576
1,648,560
2,908,236


Comprehensive income for the year

Profit for the year

-
-
554,090
554,090


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
554,090
554,090


Total transactions with owners
-
-
-
-


At 31 August 2024
100
1,259,576
2,202,650
3,462,326



CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 September 2022
100
2,547,576
1,328,650
3,876,326


Comprehensive income for the year

Profit for the year

-
-
319,910
319,910

Deficit on revaluation of freehold property
-
(1,288,000)
-
(1,288,000)


Other comprehensive income for the year
-
(1,288,000)
-
(1,288,000)


Total comprehensive income for the year
-
(1,288,000)
319,910
(968,090)


Total transactions with owners
-
-
-
-


At 31 August 2023
100
1,259,576
1,648,560
2,908,236


Page 7

 
R SONS (HOMES) LIMITED
 

COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2024


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 September 2023
100
1,259,576
2,967,640
4,227,316


Comprehensive income for the year

Profit for the year

-
-
413,667
413,667


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
413,667
413,667


Total transactions with owners
-
-
-
-


At 31 August 2024
100
1,259,576
3,381,307
4,640,983



COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 September 2022
100
2,547,576
2,654,054
5,201,730


Comprehensive income for the year

Profit for the year

-
-
313,586
313,586

Deficit on revaluation of freehold property
-
(1,288,000)
-
(1,288,000)


Other comprehensive income for the year
-
(1,288,000)
-
(1,288,000)


Total comprehensive income for the year
-
(1,288,000)
313,586
(974,414)


Total transactions with owners
-
-
-
-


At 31 August 2023
100
1,259,576
2,967,640
4,227,316


Page 8

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

‘The Company is a private company limited by shares, registered in England and Wales. The address of the Registered Office is Sterling House, 31/32 High Street, Wellingborough, Northants. NN84HL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies.

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Comprehensive Income in these financial statements.

The following principal accounting policies have been applied:

 
2.2

Basis of consolidation

The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Statement of Financial Position, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated Statement of Comprehensive Income from the date on which control is obtained. They are deconsolidated from the date control ceases.
In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being Thursday, August 31, 2023.

Page 9

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Group will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Group in independently administered funds.

Page 10

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company and the Group operate and generate income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and
Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 11

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
2%
Straight Line Method
Plant and machinery
-
15%
Reducing Balance Method
Motor vehicles
-
25%
Reducing Balance Method
Fixtures and fittings
-
15%
Reducing Balance Method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.11

Investment property

Freehold property represents investment property held within the business and is shown at open market value as determined by the Directors of the company. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. No depreciation is provided.

 
2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Group shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Consolidated Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 12

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.13

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.14

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.15

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.16

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.17

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:



Group
Group
Company
Company
        2024
        2023
        2024
        2023
            No.
            No.
            No.
            No.









Staff
126
135
56
69

Page 13

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets

Group






Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 September 2023
2,992,604
494,193
18,640
785,960
4,291,397


Additions
-
2,998
-
34,797
37,795



At 31 August 2024

2,992,604
497,191
18,640
820,757
4,329,192



Depreciation


At 1 September 2023
700,946
391,101
18,415
629,814
1,740,276


Charge for the year on owned assets
59,851
15,635
56
26,516
102,058



At 31 August 2024

760,797
406,736
18,471
656,330
1,842,334



Net book value



At 31 August 2024
2,231,807
90,455
169
164,427
2,486,858



At 31 August 2023
2,291,658
103,092
225
156,146
2,551,121

Page 14

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

           4.Tangible fixed assets (continued)


Company






Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£

Cost or valuation


At 1 September 2023
1,431,792
494,193
12,640
186,917
2,125,542


Additions
-
2,998
-
19,742
22,740



At 31 August 2024

1,431,792
497,191
12,640
206,659
2,148,282



Depreciation


At 1 September 2023
165,590
391,101
12,415
122,217
691,323


Charge for the year on owned assets
28,635
15,635
56
11,554
55,880



At 31 August 2024

194,225
406,736
12,471
133,771
747,203



Net book value



At 31 August 2024
1,237,567
90,455
169
72,888
1,401,079



At 31 August 2023
1,266,202
103,092
225
64,700
1,434,219







5.


Investments

Group





Investments in properties

£



Cost or valuation


At 1 September 2023
1,760,000



At 31 August 2024
1,760,000




Page 15

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Company





Investments in subsidiary companies
Investments in properties
Total

£
£
£



Cost or valuation


At 1 September 2023
3,439,320
1,760,000
5,199,320



At 31 August 2024
3,439,320
1,760,000
5,199,320





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

F.J. J. Healthcare Limited
United Kingdom
Ordinary
100%

The aggregate of the share capital and reserves as at 31 August 2024 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

F.J. J. Healthcare Limited
2,260,660
140,423


6.


Stocks

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Finished goods and goods for resale
2,600
2,600
2,600
2,600

2,600
2,600
2,600
2,600


Page 16

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Debtors

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£


Trade debtors
12,979
11,039
8,907
2,570

Amounts owed by group undertakings
-
10,000
-
-

Other debtors
11,802
31,402
1,002
1,002

Prepayments and accrued income
19,460
27,451
8,702
14,718

44,241
79,892
18,611
18,290



8.


Cash and cash equivalents

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Cash at bank and in hand
1,933,215
1,360,962
1,204,472
915,530

1,933,215
1,360,962
1,204,472
915,530



9.


Creditors: Amounts falling due within one year

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Bank loans
-
140,000
-
140,000

Trade creditors
45,387
34,901
12,312
14,458

Amounts owed to group undertakings
91,134
91,134
744,247
744,247

Corporation tax
199,911
98,943
48,343
21,950

Other taxation and social security
29,702
29,536
16,242
16,209

Other creditors
670,667
764,189
665,683
748,693

Accruals and deferred income
13,610
16,249
11,760
11,760

1,050,411
1,174,952
1,498,587
1,697,317


Page 17

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


Creditors: Amounts falling due after more than one year

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Bank loans
1,407,357
1,359,791
1,407,357
1,359,791

1,407,357
1,359,791
1,407,357
1,359,791



11.


Loans


Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Amounts falling due within one year

Bank loans
-
140,000
-
140,000


-
140,000
-
140,000



Amounts falling due after more than 5 years

Bank loans
1,407,357
1,359,791
1,407,357
1,359,791

1,407,357
1,359,791
1,407,357
1,359,791

1,407,357
1,499,791
1,407,357
1,499,791



12.


Deferred taxation


Group



2024
2023


£

£






At beginning of year
(306,182)
(226,249)


Utilised in year
6,542
(79,933)



At end of year
(299,640)
(306,182)

Page 18

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
 
12.Deferred taxation (continued)

Company


2024
2023


£

£






At beginning of year
(283,321)
(209,370)


Utilised in year
6,565
(73,951)



At end of year
(276,756)
(283,321)

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Accelerated capital allowances
(299,640)
(306,182)
(276,756)
(283,321)

(299,640)
(306,182)
(276,756)
(283,321)


13.


Provisions


Group



Pension

£





At 1 September 2023
5,414


Charged to profit or loss
1,581


Utilised in year
185



At 31 August 2024
7,180

Company


Pension
Total

£
£





At 1 September 2023
2,214
2,214


Utilised in year
185
185



At 31 August 2024
2,399
2,399

Page 19

 
R SONS (HOMES) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

14.


Reserves

Revaluation reserve

This reserve records the value of asset revaluation and fair value movements on assets recognised in other comprehensive income

Profit and loss account

This reserve records retained earnings and accumulated losses.


15.


Related party transactions

During the year the Group entered into the following transactions with related parties;


2024
2023
£
£

Associated Company
(653,113)
(653,113)
Associated Company
(91,134)
(91,134)
Associated Company
10,000
10,000
Director/Shareholders Loan Account
(577,115)
(609,472)
(1,311,362)
(1,343,719)

Page 20