REGISTERED NUMBER: 12876862 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SOLACE CARE REDBRIDGE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Zahid Ali Choudhry

REGISTERED OFFICE:

Unit 2a 420 Eastern Avenue

Ilford

Essex

IG2 6NQ

REGISTERED NUMBER:

12876862 (England and Wales)

FIXED ASSETS

Tangible assets

4

20,845

19,862

CURRENT ASSETS

Debtors

5

280,368

469,487

Cash at bank and in hand

1,494

13,225

281,862

482,712

CREDITORS

Amounts falling due within one year

6

385,308

374,455

NET CURRENT (LIABILITIES)/ASSETS

(103,446

)

108,257

TOTAL ASSETS LESS CURRENT LIABILITIES

(82,601

)

128,119

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(82,701

)

128,019

SHAREHOLDERS' FUNDS

(82,601

)

128,119

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 30 September 2025 and were signed by:

Mr Zahid Ali Choudhry - Director

1.	STATUTORY INFORMATION

Solace Care Redbridge Ltd 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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 October 2023

22,117

9,160

31,277

Additions

7,691

600

8,291

At 30 September 2024

29,808

9,760

39,568

DEPRECIATION

At 1 October 2023

7,043

4,372

11,415

Charge for year

5,961

1,347

7,308

At 30 September 2024

13,004

5,719

18,723

NET BOOK VALUE

At 30 September 2024

16,804

4,041

20,845

At 30 September 2023

15,074

4,788

19,862

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Trade debtors

-

7,911

Amounts owed by group undertakings

275,406

456,614

Other debtors

4,962

4,962

280,368

469,487

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Trade creditors

60,197

115,023

Amounts owed to group undertakings

250,760

209,642

Tax

29,207

29,051

Social security and other taxes

11,775

11,516

Directors' current accounts

32,619

7,723

Accrued expenses

750

1,500

385,308

374,455

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/24

30/9/23

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 October 2023

128,019

Deficit for the year

(210,720

)

At 30 September 2024

(82,701

)