Assisted Living South West Holdings Limi - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07592531 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

FOR

ASSISTED LIVING SOUTH WEST HOLDINGS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S B Jalil

Mrs R Kousar

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

07592531 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Chartered Accountants

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

CAPITAL AND RESERVES

Called up share capital

4

102

102

Retained earnings

(102

)

(102

)

-

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 14 March 2022 and were signed on its behalf by:

Mrs S B Jalil - Director

1.	STATUTORY INFORMATION

Assisted Living South West Holdings 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 (£).

The company was dormant throughout the year.

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.

Preparation of consolidated financial statements

The financial statements contain information about Assisted Living South West Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Rehability Community (UK) Limited, 1110 Elliott Court, Coventry Business Park, Coventry, England, CV5 6UB.

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.

Significant judgements and estimates

These financial statements do not contain significant judgements or estimation uncertainty.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	CALLED UP SHARE CAPITAL

Allotted, called up and fully paid share capital

2019

2018

No.

£

No.

£

Ordinary shares of £0.01 each

2,950

29.50

2,950

29.50

Ordinary A shares of £0.01 each

7,050

70.50

7,050

70.50

Ordinary B shares of £0.01 each

150

1.50

150

1.50

Ordinary C shares of £0.01 each

4

0.04

4

0.04

10,154

102

10,154

102

Share rights

Ordinary, ordinary A, ordinary B and ordinary C shares rank pari passu in respect of dividend rights and voting rights with the exception that during a default period (as defined in the articles of association, but including a default on the payment of loan stock or loan stock interest exceeding £50,000) the ordinary shares, the ordinary B shares and the ordinary C shares are not entitled to vote.

On a return of capital of the company on a sale or liquidation or otherwise, the surplus assets and retained profits of the company available for distribution among the members will be applied, after repayment and payment of all amounts outstanding, in the following order and priority:

-first in paying to the holders of the ordinary A shares, an aggregate amount equal to £3,100,000 between all holders of ordinary A shares,

-lastly, the balance (if any) shall be distributed between the holders of the equity shares (as if one and the same class) pro rata to the number of equity shares respectively held by them.

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Rehability UK Community Limited.

The ultimate controlling party is Rehability Group Limited.