1 March 2024 false Taxfiler 2024.6 07014370 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07014370 2024-02-29 07014370 2024-03-01 2025-02-28 07014370 business:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 07014370 business:FilletedAccounts 2024-03-01 2025-02-28 07014370 2025-02-28 07014370 business:Director1 2024-03-01 2025-02-28 07014370 business:Director2 2024-03-01 2025-02-28 07014370 business:RegisteredOffice 2024-03-01 2025-02-28 07014370 2024-02-29 07014370 core:WithinOneYear 2025-02-28 07014370 core:WithinOneYear 2024-02-29 07014370 core:AfterOneYear 2025-02-28 07014370 core:AfterOneYear 2024-02-29 07014370 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 07014370 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 07014370 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 07014370 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 07014370 core:PreviouslyStatedAmount 2025-02-28 07014370 core:PreviouslyStatedAmount 2024-02-29 07014370 business:SmallEntities 2024-03-01 2025-02-28 07014370 countries:EnglandWales 2024-03-01 2025-02-28 07014370 core:PlantMachinery 2024-03-01 2025-02-28 07014370 core:MotorVehicles 2024-03-01 2025-02-28 07014370 core:FurnitureFittings 2024-03-01 2025-02-28 07014370 core:ComputerEquipment 2024-03-01 2025-02-28 07014370 core:Goodwill 2024-02-29 07014370 core:Goodwill 2025-02-28 07014370 core:FurnitureFittings 2024-02-29 07014370 core:FurnitureFittings 2025-02-28 07014370 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 07014370 (England and Wales)
Greystones Nursing Home Ltd Unaudited accounts for the year ended 28 February 2025
Greystones Nursing Home Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Greystones Nursing Home Ltd Company Information for the year ended 28 February 2025
Directors
Shahbaz Munir Simkey Munir
Company Number
07014370 (England and Wales)
Registered Office
Greystones Parsons Road Bradford West Yorkshire BD9 4DW England
Accountants
A&M Accountants and Consultants LLP Chartered Certified Accountants Unit 1-2, 41 Whetley Hill Bradford BD8 8NL
- 3 -
Greystones Nursing Home Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
60,953
104,098
Current assets
Inventories
967
1,617
Debtors
6
2,767
8,919
Cash at bank and in hand
616,538
475,620
620,272
486,156
Creditors: amounts falling due within one year
7
(303,697)
(210,093)
Net current assets
316,575
276,063
Total assets less current liabilities
377,528
380,161
Creditors: amounts falling due after more than one year
8
(328,872)
(335,884)
Net assets
48,656
44,277
Capital and reserves
Called up share capital
100
100
Profit and loss account
48,556
44,177
Shareholders' funds
48,656
44,277
For the year ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Simkey Munir Director Company Registration No. 07014370
- 4 -
Greystones Nursing Home Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Greystones Nursing Home Ltd is a private company, limited by shares, registered in England and Wales, registration number 07014370. The registered office is Greystones, Parsons Road, Bradford, West Yorkshire, BD9 4DW, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
10% straight line
Motor vehicles
10% straight line
Fixtures & fittings
10% straight line
Computer equipment
10% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 March 2024
500,000
At 28 February 2025
500,000
Amortisation
At 1 March 2024
500,000
At 28 February 2025
500,000
Net book value
At 28 February 2025
-
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 5% per annum or over the life of intangible asset
- 5 -
Greystones Nursing Home Ltd Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 March 2024
431,457
At 28 February 2025
431,457
Depreciation
At 1 March 2024
327,359
Charge for the year
43,145
At 28 February 2025
370,504
Net book value
At 28 February 2025
60,953
At 29 February 2024
104,098
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,767
8,919
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
232,386
150,773
Taxes and social security
41,196
29,205
Loans from directors
30,115
30,115
303,697
210,093
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
328,872
335,884
9
Average number of employees
During the year the average number of employees was 24 (2024: 24).
- 6 -