Essential Care (Organics) Limited

Essential Care (Organics) Limited

ESSENTIAL CARE (ORGANICS) LIMITED - Company Information

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1 July 2020 false No description of principal activity Taxfiler 2022.1 05879835business:PrivateLimitedCompanyLtd2020-07-012021-06-30 058798352020-06-30 058798352020-07-012021-06-30 05879835business:AuditExemptWithAccountantsReport2020-07-012021-06-30 05879835business:FullAccounts2020-07-012021-06-30 058798352021-06-30 05879835business:Director12020-07-012021-06-30 05879835business:Director22020-07-012021-06-30 05879835business:CompanySecretary12020-07-012021-06-30 05879835business:RegisteredOffice2020-07-012021-06-30 058798352020-06-30 05879835core:WithinOneYear2021-06-30 05879835core:WithinOneYear2020-06-30 05879835core:AfterOneYear2021-06-30 05879835core:AfterOneYear2020-06-30 05879835core:ShareCapital2021-06-30 05879835core:ShareCapital2020-06-30 05879835core:RetainedEarningsAccumulatedLosses2021-06-30 05879835core:RetainedEarningsAccumulatedLosses2020-06-30 05879835business:SmallEntities2020-07-012021-06-30 05879835countries:EnglandWales2020-07-012021-06-30 05879835core:LandBuildings2020-07-012021-06-30 05879835core:PlantMachinery2020-07-012021-06-30 05879835core:LandBuildings2020-06-30 05879835core:PlantMachinery2020-06-30 05879835core:LandBuildings2021-06-30 05879835core:PlantMachinery2021-06-30 05879835business:OrdinaryShareClass12020-07-012021-06-30 05879835business:OrdinaryShareClass12019-07-012020-06-30 05879835business:Director112020-07-012021-06-30 05879835business:Director112020-06-30 05879835business:Director112021-06-30 05879835business:Director222020-07-012021-06-30 05879835business:Director222020-06-30 05879835business:Director222021-06-30 058798352019-07-012020-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05879835 (England and Wales)
Essential Care (Organics) Limited Unaudited accounts for the year ended 30 June 2021
Essential Care (Organics) Limited Unaudited accounts Contents
Page
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Essential Care (Organics) Limited Company Information for the year ended 30 June 2021
Directors
Abigail Hannah Weeds Margaret Elizabeth Anne Weeds
Secretary
Abigail Hannah Weeds
Company Number
05879835 (England and Wales)
Registered Office
85 Gregory Road Mildenhall Bury St. Edmunds IP28 7DF
Accountants
Accounts and Legal Consultants Limited Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY
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Essential Care (Organics) Limited Accountants' report
Accountants' report to the board of directors of Essential Care (Organics) Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Essential Care (Organics) Limited for the year ended 30 June 2021 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Essential Care (Organics) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Essential Care (Organics) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Essential Care (Organics) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Essential Care (Organics) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Essential Care (Organics) Limited. You consider that Essential Care (Organics) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Essential Care (Organics) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Limited Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY 28 March 2022
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Essential Care (Organics) Limited Statement of financial position as at 30 June 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
373,243 
371,936 
Current assets
Inventories
159,925 
157,840 
Debtors
5
65,566 
37,116 
Cash at bank and in hand
179,138 
102,500 
404,629 
297,456 
Creditors: amounts falling due within one year
6
(327,276)
(523,645)
Net current assets/(liabilities)
77,353 
(226,189)
Total assets less current liabilities
450,596 
145,747 
Creditors: amounts falling due after more than one year
7
(180,000)
- 
Net assets
270,596 
145,747 
Capital and reserves
Called up share capital
8
3,000 
3,000 
Profit and loss account
267,596 
142,747 
Shareholders' funds
270,596 
145,747 
For the year ending 30 June 2021 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2022 and were signed on its behalf by
Abigail Hannah Weeds Director Company Registration No. 05879835
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Essential Care (Organics) Limited Notes to the Accounts for the year ended 30 June 2021
1
Statutory information
Essential Care (Organics) Limited is a private company, limited by shares, registered in England and Wales, registration number 05879835. The registered office is 85 Gregory Road, Mildenhall, Bury St. Edmunds, IP28 7DF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Held at Cost
Plant & machinery
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Essential Care (Organics) Limited Notes to the Accounts for the year ended 30 June 2021
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2020
357,581 
69,074 
426,655 
Additions
- 
5,000 
5,000 
At 30 June 2021
357,581 
74,074 
431,655 
Depreciation
At 1 July 2020
- 
54,719 
54,719 
Charge for the year
- 
3,693 
3,693 
At 30 June 2021
- 
58,412 
58,412 
Net book value
At 30 June 2021
357,581 
15,662 
373,243 
At 30 June 2020
357,581 
14,355 
371,936 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
8,598 
8,598 
Trade debtors
56,968 
28,518 
65,566 
37,116 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
18,754 
11,888 
Trade creditors
57,515 
51,595 
Taxes and social security
31,690 
10,038 
Other creditors
- 
4,952 
Loans from directors
197,699 
420,172 
Accruals
21,618 
25,000 
327,276 
523,645 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
180,000 
- 
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
3,000 Ordinary shares of £1 each
3,000 
3,000 
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Essential Care (Organics) Limited Notes to the Accounts for the year ended 30 June 2021
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Abigail Hannah Weeds
DLA
147,474 
- 
147,474 
- 
Margaret Elizabeth Anne Weeds
DLA
272,699 
- 
75,000 
197,699 
420,173 
- 
222,474 
197,699 
Loans are interest free and repayable on demand
10
Average number of employees
During the year the average number of employees was 12 (2020: 12).
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