Byron Lodge (West Melton) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09334364 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 MAY 2018 TO 31 DECEMBER 2018

FOR

BYRON LODGE (WEST MELTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N B Suresparan

Mrs V Suresparan

REGISTERED OFFICE:

1st Floor, 44-50 The Broadway

Southall

Middlesex

UB1 1QB

REGISTERED NUMBER:

09334364 (England and Wales)

AUDITORS:

Param & Company Ltd

Chartered Certified Accountants

Statutory Auditors

1st Floor

44 - 50 The Broadway

Southall

Middlesex

UB1 1QB

FIXED ASSETS

Tangible assets

4

1,056,093

979,508

CURRENT ASSETS

Debtors

5

85,618

18,125

Cash at bank and in hand

88,518

350

174,136

18,475

CREDITORS

Amounts falling due within one year

6

393,822

502,463

NET CURRENT LIABILITIES

(219,686

)

(483,988

)

TOTAL ASSETS LESS CURRENT LIABILITIES

836,407

495,520

CREDITORS

Amounts falling due after more than one year

7

-

1,236,557

NET ASSETS/(LIABILITIES)

836,407

(741,037

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

836,406

(741,038

)

836,407

(741,037

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 25 September 2019 and were signed on its behalf by:

N B Suresparan - Director

1.	STATUTORY INFORMATION

Byron Lodge (West Melton) 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value

added taxes.

Turnover represents net invoiced care home fees and is recognised per night that a room is occupied.

Turnover is deferred where amounts have been invoiced, but these relate to services to be provided in future

periods.

Turnover is accrued where amounts have yet to be invoiced, but where the services have been provided in the

period to date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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 period 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.

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 period was 72 (2018 - 65 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 May 2018

881,328

-

162,264

6,160

1,049,752

Additions

-

82,556

7,109

1,549

91,214

At 31 December 2018

881,328

82,556

169,373

7,709

1,140,966

DEPRECIATION

At 1 May 2018

25,715

-

40,112

4,417

70,244

Charge for period

5,653

1,588

6,296

1,092

14,629

At 31 December 2018

31,368

1,588

46,408

5,509

84,873

NET BOOK VALUE

At 31 December 2018

849,960

80,968

122,965

2,200

1,056,093

At 30 April 2018

855,613

-

122,152

1,743

979,508

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2018

£

£

Trade debtors

77,692

2,570

Other debtors

7,926

15,555

85,618

18,125

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2018

£

£

Bank loans and overdrafts

-

11,106

Trade creditors

57,524

61,917

Amounts owed to group undertakings

175,185

345,796

Amounts owed to associates

2,077

-

Taxation and social security

20,161

10,335

Other creditors

138,875

73,309

393,822

502,463

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2018

£

£

Amounts owed to group undertakings

-

1,236,557

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

S Paramaguru (Senior Statutory Auditor)

for and on behalf of Param & Company Ltd

9.	RELATED PARTY DISCLOSURES

The parent company is Ultimate Care Ltd, 1st Floor, 44/50 The Broadway, Southall, Middlesex, UB1 1QB, a

company registered in England & Wales (Company Reg : 05893709).

Accounts present information about the company as an individual undertaking and not about its group. Group

accounts are prepared by Ultimate Care Ltd, the parent undertaking.

The directors consider Ultimate Care Ltd to be the ultimate parent company.

10.	CHANGE OF ACCOUNTING PERIOD

The accounting period was shortened from 30 April 2019 to 31 December 2018, in order to coincide with parent

company. Therefore the comparative amounts presented in the accounts are not comparable.