Lotus Care (Aaron Lodge) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10668258 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lotus Care (Aaron Lodge) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J K Patel

SECRETARY:

REGISTERED OFFICE:

195 Moss Lane

Pinner

United Kingdom

HA5 3BE

REGISTERED NUMBER:

10668258 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,086,428

1,092,803

CURRENT ASSETS

Debtors

5

537,961

387,419

Cash at bank and in hand

474,915

384,498

1,012,876

771,917

CREDITORS

Amounts falling due within one year

6

1,212,320

1,006,847

NET CURRENT LIABILITIES

(199,444

)

(234,930

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

886,984

857,873

CREDITORS

Amounts falling due after more than one
year

7

581,539

623,464

NET ASSETS

305,445

234,409

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

305,443

234,407

SHAREHOLDERS' FUNDS

305,445

234,409

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 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 1 September 2025 and were signed by:

J K Patel - Director

1.	STATUTORY INFORMATION

Lotus Care (Aaron Lodge) 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 64 (2023 - 58 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

997,798

227,359

1,225,157

Additions

-

16,423

Disposals

-

(1,000

)

(1,000

)

At 31 December 2024

997,798

242,782

1,240,580

DEPRECIATION

At 1 January 2024

-

132,354

Charge for year

-

22,158

Eliminated on disposal

-

(360

)

(360

)

At 31 December 2024

-

154,152

NET BOOK VALUE

At 31 December 2024

997,798

88,630

1,086,428

At 31 December 2023

997,798

95,005

1,092,803

5.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Other debtors

233,841

129,365

Amounts falling due after more than one year:

Amounts owed by group undertakings

304,120

258,054

Aggregate amounts

537,961

387,419

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

906,567

782,721

Tax

132,104

149,351

Social security and other taxes

24,983

29,194

Other creditors

103,085

-

Directors' current accounts

45,581

1,212,320

1,006,847

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans - 2-5 years

33,215

38,879

Amounts owed to group undertakings

548,324

584,585

581,539

623,464

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

2

Ordinary

£1

2

9.

RESERVES

Retained

earnings

£

At 1 January 2024

234,407

Profit for the year

82,953

Dividends

(11,917

)

At 31 December 2024

305,443