121 Social Care Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07597774 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

121 Social Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

E Kardosh

REGISTERED OFFICE:

1 Blenheim Court

Ground Floor

Peppercorn Close

Peterborough

Cambridgeshire

PE1 2DU

REGISTERED NUMBER:

07597774 (England and Wales)

ACCOUNTANTS:

JDB Chartered Certified Accountants

10a

High Street

Market Deeping

Peterborough

Lincolnshire

PE6 8EB

FIXED ASSETS

Tangible assets

4

4,486

4,314

CURRENT ASSETS

Debtors

5

318,274

301,602

Cash at bank and in hand

5,824

14,916

324,098

316,518

CREDITORS

Amounts falling due within one year

6

202,857

123,780

NET CURRENT ASSETS

121,241

192,738

TOTAL ASSETS LESS CURRENT LIABILITIES

125,727

197,052

CREDITORS

Amounts falling due after more than one year

7

82,457

196,153

NET ASSETS

43,270

899

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

43,268

897

SHAREHOLDERS' FUNDS

43,270

899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 10 May 2023 and were signed by:

E Kardosh - Director

1.	STATUTORY INFORMATION

121 Social Care 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2022 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

15,608

Additions

1,000

At 31 March 2023

16,608

DEPRECIATION

At 1 April 2022

11,294

Charge for year

828

At 31 March 2023

12,122

NET BOOK VALUE

At 31 March 2023

4,486

At 31 March 2022

4,314

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

179,557

153,273

Other debtors

138,717

148,329

318,274

301,602

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

49,747

26,285

Trade creditors

(1

)

-

Taxation and social security

94,311

95,377

Other creditors

58,800

2,118

202,857

123,780

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Other creditors

82,457

196,153

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the Director Mr E Kardosh owed the Company £32,749.

During the year Mr S Edwards resigned from the Company and the loan owing to the Company amounting to £56,205 is now showing in other debtors.

9.	RELATED PARTY DISCLOSURES

There is no overall control of the company by virtue of equal shareholding of the directors.