REGISTERED NUMBER: 09213441 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

NORFOLK CARE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S A Hussain

REGISTERED OFFICE:

Suite 2C, Brosnan House

175 Darkes Lane

Potters Bar

Hertfordshire

EN6 1BW

REGISTERED NUMBER:

09213441 (England and Wales)

ACCOUNTANTS:

BBK Partnership Limited

Chartered Accountants

Suite 2C, Brosnan House

175 Darkes Lane

Potters Bar

Hertfordshire

EN6 1BW

FIXED ASSETS

Tangible assets

4

82,513

88,954

Investments

5

110,145

107,352

192,658

196,306

CURRENT ASSETS

Debtors

6

367,579

255,459

Cash at bank

52,727

136,249

420,306

391,708

CREDITORS

Amounts falling due within one year

7

180,252

246,271

NET CURRENT ASSETS

240,054

145,437

TOTAL ASSETS LESS CURRENT LIABILITIES

432,712

341,743

PROVISIONS FOR LIABILITIES

8

20,628

22,239

NET ASSETS

412,084

319,504

CAPITAL AND RESERVES

Called up share capital

9

200

200

Capital redemption reserve

99

99

Retained earnings

411,785

319,205

SHAREHOLDERS' FUNDS

412,084

319,504

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

S A Hussain - Director

1.	STATUTORY INFORMATION

NORFOLK 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.

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 represents fees receivable.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed assets investments

Fixed asset investments comprise rental deposits held on account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2023 - 60 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2023

67,340

158,607

50,915

276,862

Additions

-

21,064

-

21,064

At 30 September 2024

67,340

179,671

50,915

297,926

DEPRECIATION

At 1 October 2023

46,696

111,776

29,436

187,908

Charge for year

5,161

16,974

5,370

27,505

At 30 September 2024

51,857

128,750

34,806

215,413

NET BOOK VALUE

At 30 September 2024

15,483

50,921

16,109

82,513

At 30 September 2023

20,644

46,831

21,479

88,954

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.9.24

30.9.23

£

£

Rental deposits

110,145

107,352

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Other debtors

182,908

52,908

Fee accruals

78,621

99,801

Prepayments

106,050

102,750

367,579

255,459

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

100,795

117,771

Tax

949

13,040

Social security and other taxes

20,632

62,532

Accrued expenses

57,876

52,928

180,252

246,271

8.	PROVISIONS FOR LIABILITIES

30.9.24

30.9.23

£

£

Deferred tax

Accelerated capital allowances

20,628

22,239

Deferred

tax

£

Balance at 1 October 2023

22,239

Credit to Income Statement during year

(1,611

)

Balance at 30 September 2024

20,628

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

£

51

Ordinary

£1

51

51

50

B Shares

£1

50

50

99

C Ordinary

£1

99

99

200

200

10.	RELATED PARTY DISCLOSURES

During the year, the company advanced £130,000 to NCHL Investments Limited, a shareholder under common ownership and control. At the year end, the balance receivable from NCHL Investments Limited was £182,908 (2023: £52,908).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S A Hussain.

12.

SECURITY

The company's bankers have a fixed and floating charge over the company's assets.