New Century Care (Eastbourne) Limited - Dormant accounts - members and to registrar (filleted) 20.3.3

REGISTERED NUMBER: 04074699 (England and Wales)

NEW CENTURY CARE (EASTBOURNE) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2019 TO 31 DECEMBER 2019

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

400,907

Cash at bank

50

TOTAL ASSETS LESS CURRENT
LIABILITIES

400,957

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

400,956

SHAREHOLDERS' FUNDS

400,957

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the period ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2020 and were signed on its behalf by:

A B T Pope - Director

1.	STATUTORY INFORMATION

New Century Care (Eastbourne) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04074699

Registered office:

Albemarle House

1 Albemarle Street

London

W1S 4HA

2.	ACCOUNTING POLICIES

Accounting convention

These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied, other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has been dormant throughout the reporting period.

Going concern

The accounts have been prepared on the basis that the company is a going concern.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

Financial assets

Financial assets are initially measured at transaction price, including transaction costs, and subsequently at amortised cost.

Financial liabilities and equity

Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

An equity instrument is a contract which evidences a residual interest in the assets after deducting all liabilities. Equity comprises the following:

- Share capital, which represents the nominal value of equity shares; and

- Profit and loss reserves, which represent retained profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2019 - 1 ).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

£

Amounts owed by group undertakings

400,907

5.	CHARGE OVER ASSETS

The company has guaranteed a bank loan of £12.5m made to the immediate parent of its immediate parent to help finance the purchase of its immediate parent; in support of this guarantee, the bank has a fixed and floating charge over the assets of the company.

6.	PARENT COMPANY

Consolidated accounts are prepared by the company's immediate parent, Custodes Acqco Limited, whose registered office address is Albemarle House, 1 Albemarle Street, London W1S 4HA.