Lotus Care (Ellerslie Court) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10097381 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lotus Care (Ellerslie Court) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr J Kanthilal Patel

SECRETARY:

REGISTERED OFFICE:

83 Halsbury Road East

Northolt

Middlesex

UB5 4PY

REGISTERED NUMBER:

10097381 (England and Wales)

FIXED ASSETS

Tangible assets

4

569,213

565,824

CURRENT ASSETS

Debtors

5

285,991

244,368

Cash at bank

487,485

392,061

773,476

636,429

CREDITORS

Amounts falling due within one year

6

610,720

520,399

NET CURRENT ASSETS

162,756

116,030

TOTAL ASSETS LESS CURRENT
LIABILITIES

731,969

681,854

CREDITORS

Amounts falling due after more than one
year

7

492,215

519,891

NET ASSETS

239,754

161,963

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

239,752

161,961

SHAREHOLDERS' FUNDS

239,754

161,963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 1 September 2025 and were signed by:

Dr J Kanthilal Patel - Director

1.	STATUTORY INFORMATION

Lotus Care (Ellerslie Court) 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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

517,546

157,161

674,707

Additions

-

16,306

At 31 December 2024

517,546

173,467

691,013

DEPRECIATION

At 1 January 2024

-

108,883

Charge for year

-

12,917

At 31 December 2024

-

121,800

NET BOOK VALUE

At 31 December 2024

517,546

51,667

569,213

At 31 December 2023

517,546

48,278

565,824

5.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Other debtors

64,487

68,930

Amounts falling due after more than one year:

Amounts owed by group undertakings

191,504

175,438

Amounts owed by associates

30,000

-

221,504

175,438

Aggregate amounts

285,991

244,368

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

253,088

188,982

Tax

105,403

78,179

Social security and other taxes

11,318

12,327

Directors' current accounts

240,911

610,720

520,399

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans - 2-5 years

33,375

39,241

Amounts owed to group undertakings

458,840

480,650

492,215

519,891