Causeway Care Homes Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04737521

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

CAUSEWAY CARE HOMES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J B McCurdy

Mrs H M McCurdy

Mrs A L MacDonald

SECRETARY:

W J B McCurdy

REGISTERED OFFICE:

118B, Oxford Road

Reading

Berkshire

RG1 7NG

REGISTERED NUMBER:

04737521

ACCOUNTANTS:

Loman Holbrooke O'Neill Ltd

118B Oxford Road

Reading

Berkshire

RG1 7NG

FIXED ASSETS

Tangible assets

4

11,331

12,532

CURRENT ASSETS

Prepayments and accrued income

3

3

Cash at bank and in hand

401

73,544

404

73,547

CREDITORS

Amounts falling due within one year

5

50,115

45,412

NET CURRENT (LIABILITIES)/ASSETS

(49,711

)

28,135

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,380

)

40,667

CREDITORS

Amounts falling due after more than one year

6

2,994

6,586

NET (LIABILITIES)/ASSETS

(41,374

)

34,081

CAPITAL AND RESERVES

Called up share capital

109

109

Retained earnings

(41,483

)

33,972

SHAREHOLDERS' FUNDS

(41,374

)

34,081

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 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 5 September 2023 and were signed on its behalf by:

W J B McCurdy - Director

1.	STATUTORY INFORMATION

Causeway Care Homes Ltd is a private company, limited by shares , registered in Not specified/Other. 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

Fixtures & fittings

25%

Reducing balance basis

Computer equipment

25%

Reducing balance basis

Motor vehicle

25%

Reducing balance basis

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 17 (2022 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

93,154

Additions

2,447

At 31 March 2023

95,601

DEPRECIATION

At 1 April 2022

80,622

Charge for year

3,648

At 31 March 2023

84,270

NET BOOK VALUE

At 31 March 2023

11,331

At 31 March 2022

12,532

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2022

and 31 March 2023

28,500

DEPRECIATION

At 1 April 2022

21,737

Charge for year

1,691

At 31 March 2023

23,428

NET BOOK VALUE

At 31 March 2023

5,072

At 31 March 2022

6,763

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

7,025

90

Hire purchase contracts

3,602

3,602

Taxation and social security

23,113

27,629

Other creditors

16,375

14,091

50,115

45,412

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Hire purchase contracts

2,994

6,586