Company Registration No. 14555643 (England and Wales)
Logini Castleford Care Home Ltd
Unaudited accounts
for the year ended 31 December 2024
Logini Castleford Care Home Ltd
Unaudited accounts
Contents
Logini Castleford Care Home Ltd
Company Information
for the year ended 31 December 2024
Director
Sivasubramaniam Surenkumar
Secretary
Mrs Logini Pararajasingam
Company Number
14555643 (England and Wales)
Registered Office
77 Herent Drive
Ilford
Essex
IG5 0HF
England
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Logini Castleford Care Home Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
15,333
19,333
Tangible assets
2,440,012
2,400,995
Cash at bank and in hand
80,366
122,258
Creditors: amounts falling due within one year
(338,854)
(227,354)
Net current liabilities
(139,700)
(89,050)
Total assets less current liabilities
2,315,645
2,331,278
Creditors: amounts falling due after more than one year
(2,015,928)
(2,245,296)
Called up share capital
100
100
Profit and loss account
299,617
85,882
Shareholders' funds
299,717
85,982
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Sivasubramaniam Surenkumar
Director
Company Registration No. 14555643
Logini Castleford Care Home Ltd
Notes to the Accounts
for the year ended 31 December 2024
Logini Castleford Care Home Ltd is a private company, limited by shares, registered in England and Wales, registration number 14555643. The registered office is 77 Herent Drive, Ilford, Essex, IG5 0HF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% RB
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Logini Castleford Care Home Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill
At 31 December 2024
20,000
At 31 December 2024
15,333
At 31 December 2023
19,333
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
2,331,000
10,000
64,841
2,405,841
Additions
-
35,994
20,015
56,009
At 31 December 2024
2,331,000
45,994
84,856
2,461,850
At 1 January 2024
-
167
4,679
4,846
Charge for the year
-
3,766
13,226
16,992
At 31 December 2024
-
3,933
17,905
21,838
At 31 December 2024
2,331,000
42,061
66,951
2,440,012
At 31 December 2023
2,331,000
9,833
60,162
2,400,995
Amounts falling due within one year
Trade debtors
14,584
7,893
Accrued income and prepayments
6,103
8,153
Logini Castleford Care Home Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
50,623
40,469
Taxes and social security
39,336
81,523
Other creditors
71,745
88,153
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,505,025
1,559,145
Loans from directors
510,903
686,151
9
Average number of employees
During the year the average number of employees was 57 (2023: 57).