The Laurels Residential Care Home Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04829915 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

THE LAURELS RESIDENTIAL CARE HOME

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M B Mitchell

SECRETARY:

M Gurhy

REGISTERED OFFICE:

2 Jardine House

Harrovian Business Village

Bessborough Road, Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

04829915 (England and Wales)

ACCOUNTANTS:

Barber & Company

A trading name of PCM Accounting Limited

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Property, plant and equipment

4

8,892

11,856

CURRENT ASSETS

Debtors

5

87,283

98,878

Cash at bank

4,426

20

91,709

98,898

CREDITORS

Amounts falling due within one year

6

83,974

91,556

NET CURRENT ASSETS

7,735

7,342

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,627

19,198

CREDITORS

Amounts falling due after more than one
year

7

(3,889

)

(11,749

)

PROVISIONS FOR LIABILITIES

8

(1,956

)

(2,278

)

NET ASSETS

10,782

5,171

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10,682

5,071

SHAREHOLDERS' FUNDS

10,782

5,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2025 and were signed by:

Mrs M B Mitchell - Director

1.	STATUTORY INFORMATION

The Laurels Residential Care Home 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

GOING CONCERN

The company meets its day to day working capital requirements with the support of its director, bankers and creditors. At the time of approving these financial statements, the board have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The board have taken all of these factors into account in their decision to prepare the financial statements on a going concern basis.

TURNOVER

Revenue 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 12 (2024 - 11 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 August 2024

and 31 July 2025

75,027

23,783

79,387

178,197

DEPRECIATION

At 1 August 2024

75,027

16,963

74,351

166,341

Charge for year

-

1,705

1,259

2,964

At 31 July 2025

75,027

18,668

75,610

169,305

NET BOOK VALUE

At 31 July 2025

-

5,115

3,777

8,892

At 31 July 2024

-

6,820

5,036

11,856

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

2,436

5,342

Director's current account

61,967

70,656

Tax

22,880

87,283

98,878

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Bank loans and overdrafts

23,098

20,135

Trade creditors

1,500

-

Corporation tax

34,730

37,646

Social security and other taxes

1,795

1,765

Other creditors

495

4,085

Accruals and deferred income

22,356

27,925

83,974

91,556

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.7.25

31.7.24

£

Bank loans - 1-2 years

3,889

10,680

Bank loans - 2-5 years

-

1,069

3,889

11,749

8.	PROVISIONS FOR LIABILITIES

31.7.25

31.7.24

£

Deferred tax

1,956

2,278

Deferred

tax

£

Balance at 1 August 2024

2,278

Provided during year

(322

)

Balance at 31 July 2025

1,956

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

100

Ordinary shares

1

100

10.	RELATED PARTY DISCLOSURES

During the year under review, rent payments totalling £30,000 were paid to Mrs M B Mitchell.

11.	ULTIMATE CONTROLLING PARTY

During the year under review, the company was under the control of Mrs M B Mitchell, its sole director and owner of the entire share capital.