Residential Care Providers Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03464951 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

RESIDENTIAL CARE PROVIDERS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N C Brookarsh

Mr J A Haruni

Mr R Haruni

SECRETARY:

Mrs R Brookarsh

REGISTERED OFFICE:

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

REGISTERED NUMBER:

03464951 (England and Wales)

ACCOUNTANTS:

Raffingers LLP

Chartered Certified Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

4

5,372

6,147

CURRENT ASSETS

Debtors

996,071

971,420

Cash at bank and in hand

212,368

145,434

1,208,439

1,116,854

CREDITORS

Amounts falling due within one year

78,225

69,711

NET CURRENT ASSETS

1,130,214

1,047,143

TOTAL ASSETS LESS CURRENT LIABILITIES

1,135,586

1,053,290

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

1,135,566

1,053,270

1,135,586

1,053,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 1 August 2022 and were signed on its behalf by:

Mr N C Brookarsh - Director

1.	STATUTORY INFORMATION

Residential Care Providers 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.

Turnover

Turnover represents invoiced sales of services.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Government grants

Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:

(a) the entity will comply with the conditions attaching to them; and

(b) the grants will be received

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.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2020 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2021

34,665

Additions

987

At 31 December 2021

35,652

DEPRECIATION

At 1 January 2021

28,518

Charge for year

1,762

At 31 December 2021

30,280

NET BOOK VALUE

At 31 December 2021

5,372

At 31 December 2020

6,147

5.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £15,136 (2020: £15,136) to Mr N C Brookarsh, the director.

At the balance sheet date, the company was owed £131,650 (2020: £131,621) by Finemans Limited, a company under the common directorship of Mr J A Haruni. During the year, rent amounting to £54,600 (2020 : £54,600) was paid to Finemans Limited.

At the balance sheet date, the company was owed £772,776 (2020: £772,805) by Naben Limited, a company under the common directorship of Mr N C Brookarsh. During the year, rent amounting to £45,500 (2020: £45,500) was paid to Naben Limited.