MISHAEL CARE HOME LIMITED - Filleted accounts

Registered number

05275242

MISHAEL CARE HOME LIMITED

Filleted Accounts

31 March 2026

MISHAEL CARE HOME LIMITED
Registered number:		05275242
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		819,595			820,409

Current assets
Debtors	5	1,604			1,410
Cash at bank and in hand		43,892			49,196
		45,496			50,606

Creditors: amounts falling due within one year	6	(130,165)			(131,134)

Net current liabilities			(84,669)			(80,528)

Total assets less current liabilities			734,926			739,881

Creditors: amounts falling due after more than one year	7		(23,973)			(26,307)



Net assets			710,953			713,574

Capital and reserves
Called up share capital			4			4
Profit and loss account			710,949			713,570

Shareholders' funds			710,953			713,574

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Habib
Director
Approved by the board on 27 October 2026

MISHAEL CARE HOME LIMITED
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					25		26


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2025							30,000
	At 31 March 2026							30,000

	Amortisation
	At 1 April 2025							30,000
	At 31 March 2026							30,000

	Net book value
	At 31 March 2026							-

	Goodwill has been written off.


4	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2025			816,342		18,628		834,970
	At 31 March 2026			816,342		18,628		834,970

	Depreciation
	At 1 April 2025			-		14,561		14,561
	Charge for the year			-		814		814
	At 31 March 2026			-		15,375		15,375

	Net book value
	At 31 March 2026			816,342		3,253		819,595
	At 31 March 2025			816,342		4,067		820,409


5	Debtors					2026		2025
£							£

	Other debtors					1,604		1,410


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					6,915		5,739
	Corporation tax					21,163		35,805
	Other taxes and social security costs					13,888		9,551
	Other creditors					88,199		80,039
						130,165		131,134


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					23,973		26,307


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr R Habib
	Director's loan account	(478)		20,709		(20,601)		(370)

	Mrs J Rashid
	Director's loan account	(478)		20,709		(20,600)		(369)

		(956)		41,418		(41,201)		(739)


9	Controlling party

	The company is ultimately controlled by its directors by virtue of their shareholding.


10	Other information

	MISHAEL CARE HOME LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	90 Western Avenue
	Newport
	Gwent
	NP20 3QZ