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Registered number: 13523865
Multi-Care Community Services North Hertfordshire Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Praddy Financial Consultancy Ltd
Chartered Management Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13523865
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 17,500 20,000
Tangible Assets 5 469 939
17,969 20,939
CURRENT ASSETS
Debtors 6 24,491 25,142
Cash at bank and in hand 32,593 46,932
57,084 72,074
Creditors: Amounts Falling Due Within One Year 7 (36,335 ) (65,265 )
NET CURRENT ASSETS (LIABILITIES) 20,749 6,809
TOTAL ASSETS LESS CURRENT LIABILITIES 38,718 27,748
NET ASSETS 38,718 27,748
CAPITAL AND RESERVES
Called up share capital 8 7 7
Profit and Loss Account 38,711 27,741
SHAREHOLDERS' FUNDS 38,718 27,748
Page 1
Page 2
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Grace De Villa
Director
12/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Multi-Care Community Services North Hertfordshire Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13523865 . The registered office is Unit 2b New Barn Farm Offices, Tadlow, Royston, Hertfordshire, SG8 0EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Franchise Fee It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straightline Method
Computer Equipment 20% Straightline Method
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 14)
12 14
4. Intangible Assets
Other
£
Cost
As at 1 August 2024 25,000
As at 31 July 2025 25,000
Amortisation
As at 1 August 2024 5,000
Provided during the period 2,500
As at 31 July 2025 7,500
Net Book Value
As at 31 July 2025 17,500
As at 1 August 2024 20,000
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2024 420 1,927 2,347
As at 31 July 2025 420 1,927 2,347
Depreciation
As at 1 August 2024 252 1,156 1,408
Provided during the period 84 386 470
As at 31 July 2025 336 1,542 1,878
Net Book Value
As at 31 July 2025 84 385 469
As at 1 August 2024 168 771 939
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 18,305 22,881
Staff Loan 2,900 1,682
Staff Salary Advance 1,600 300
Pension scheme prepayments (934 ) 279
Net wages 2,620 -
24,491 25,142
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 268
Corporation tax 3,271 8,899
Other taxes and social security 2,331 3,882
Net wages - 18,078
Other creditors 400 -
Holiday Pay Liability 2,675 -
Accruals and deferred income 461 183
Director's loan account 27,197 33,955
36,335 65,265
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 7 7
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