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

REGISTERED NUMBER: 09334364 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

BYRON LODGE (WEST MELTON) LIMITED

Page

Company Information

1

Abridged 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

1,107,786

1,131,064

CURRENT ASSETS

Debtors

474,302

183,175

Cash at bank and in hand

30,147

40,043

504,449

223,218

CREDITORS

Amounts falling due within one year

332,559

298,344

NET CURRENT ASSETS/(LIABILITIES)

171,890

(75,126

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,279,676

1,055,938

PROVISIONS FOR LIABILITIES

53,821

-

NET ASSETS

1,225,855

1,055,938

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,225,854

1,055,937

1,225,855

1,055,938

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 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 23 September 2022 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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 year 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 year 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 year was 65 (2020 - 77 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2021

1,371,319

Additions

91,582

At 31 December 2021

1,462,901

DEPRECIATION

At 1 January 2021

240,255

Charge for year

114,860

At 31 December 2021

355,115

NET BOOK VALUE

At 31 December 2021

1,107,786

At 31 December 2020

1,131,064

Fixed assets, included in the above, which are held under finance leases are as follows:

Totals

£

COST

At 1 January 2021

and 31 December 2021

10,601

DEPRECIATION

At 1 January 2021

2,085

Charge for year

2,085

At 31 December 2021

4,170

NET BOOK VALUE

At 31 December 2021

6,431

At 31 December 2020

8,516

5.	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

6.	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.