Solace Care Group Ltd - Accounts to registrar (filleted) - small 18.2
Solace Care Group Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 |
| FOR |
| SOLACE CARE GROUP LTD |
| SOLACE CARE GROUP LTD (REGISTERED NUMBER: 12092660) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SOLACE CARE GROUP LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2021 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite 3, 16 Village Way East |
| Harrow |
| HA2 7LU |
| SOLACE CARE GROUP LTD (REGISTERED NUMBER: 12092660) |
| BALANCE SHEET |
| 31 JULY 2021 |
| 31/7/21 | 31/7/20 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| SOLACE CARE GROUP LTD (REGISTERED NUMBER: 12092660) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2021 |
| 1. | STATUTORY INFORMATION |
| Solace Care Group Ltd is a |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| TURNOVER |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| 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. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/21 | 31/7/20 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| SOLACE CARE GROUP LTD (REGISTERED NUMBER: 12092660) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2021 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued |
| Amounts owed by group undertakings during the year 2021 consists of: Solace Care Basildon Ltd- £8,355 (2020 - Nil), Solace Care Redbridge Ltd- £120,559 (2020 - Nil), Solace Care Morden Ltd - £88,629 (2020- Nil).Solace Care Clayhall Ltd - £54,879 (2020- Nil). |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/21 | 31/7/20 |
| £ | £ |
| Bank loans and overdrafts (see note 6) |
| Amounts owed to group undertakings |
| Tax |
| Other creditors |
| Directors' current accounts | 1,637 | - |
| Accrued expenses |
| Amounts owed to group undertakings during the year 2021 consists of: Secure Care (UK) Ltd- £85,200 (2020 - £3,500), Malaika Investment (UK) Ltd- £120,052 (2020 - £120,052). |
| 6. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31/7/21 | 31/7/20 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/7/21 | 31/7/20 |
| value: | £ | £ |
| Ordinary | 100 | 100 | 100 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 August 2020 |
| Profit for the year |
| At 31 July 2021 |