CAPITAL HOMECARE (UK) LIMITED

CAPITAL HOMECARE (UK) LIMITED

CAPITAL HOMECARE (UK) LIMITED - Company Information

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CAPITAL HOMECARE (UK) LIMITED

Company Registration Number:
07469685 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

CAPITAL HOMECARE (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

CAPITAL HOMECARE (UK) LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 252,644 261,096
Total fixed assets: 252,644 261,096
Current assets
Debtors: 4 636,508 380,794
Cash at bank and in hand: 1,123,272 972,893
Total current assets: 1,759,780 1,353,687
Creditors: amounts falling due within one year: 5 (226,602) (168,651)
Net current assets (liabilities): 1,533,178 1,185,036
Total assets less current liabilities: 1,785,822 1,446,132
Provision for liabilities: (11,467) (11,467)
Total net assets (liabilities): 1,774,355 1,434,665
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,774,255 1,434,565
Shareholders funds: 1,774,355 1,434,665

The notes form part of these financial statements

CAPITAL HOMECARE (UK) LIMITED

Balance sheet statements

For the year ending 31 December 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 June 2021
and signed on behalf of the board by:

Name: M H Jama
Status: Director

The notes form part of these financial statements

CAPITAL HOMECARE (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discountsand value added taxes. Turnover includes revenue earned from the sale of goods and from therendering of services. Turnover from the sale of goods is recognised when the significant risks andrewards of ownership of the goods have transferred to the buyer. Turnover from the rendering ofservices is recognised by reference to the stage of completion of the contract. The stage ofcompletion of a contract is measured by comparing the costs incurred for work performed to dateto the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulativeimpairment 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 itsexpected useful life, as follows:Leasehold land and buildings - over the lease termPlant and machinery - over 5 yearsFixtures, fittings, tools and equipment - over 5 years

Other accounting policies

TaxationA current tax liability is recognised for the tax payable on the taxable profit of the current and pastperiods. A current tax asset is recognised in respect of a tax loss that can be carried back torecover tax paid in a previous period. Deferred tax is recognised in respect of all timing differencesbetween the recognition of income and expenses in the financial statements and their inclusion intax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to theextent that it is probable that they will be recovered against the reversal of deferred tax liabilities orother future taxable profits. Deferred tax is measured using the tax rates and laws that have beenenacted or substantively enacted by the reporting date and that are expected to apply to thereversal of the timing difference, except for revalued land and investment property where the taxrate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities arenot discounted.ProvisionsProvisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation atthe reporting date as a result of a past event, it is probable that economic benefit will be transferredto settle the obligation and the amount of the obligation can be estimated reliably.

CAPITAL HOMECARE (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 446 425

CAPITAL HOMECARE (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 335,117
At 31 December 2020 335,117
Depreciation
At 01 January 2020 74,021
Charge for year 8,452
At 31 December 2020 82,473
Net book value
At 31 December 2020 252,644
At 31 December 2019 261,096

CAPITAL HOMECARE (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Debtors

2020 2019
££
Debtors due after more than one year: 0 0

CAPITAL HOMECARE (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Creditors: amounts falling due within one year note

Trade creditors 27,053 (41,277)Taxation and social security costs 104,814 (85,207)Other creditors 94,735 (42,167)Total 226,602 (168,651)