Llysfield Nursing Home Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06835877 (England and Wales)

Financial Statements for the Year Ended 31 March 2023

for

Llysfield Nursing Home Limited

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr S Kularatnam

Mrs U Kularatnam

REGISTERED OFFICE:

95

Ravensbourne Park

Catford

London

SE6 4YA

REGISTERED NUMBER:

06835877 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

28,856

35,362

CURRENT ASSETS

Debtors

5

601,872

451,826

Prepayments and accrued income

-

9,362

Cash at bank and in hand

2,103

8,603

603,975

469,791

CREDITORS

Amounts falling due within one year

6

(80,268

)

(22,589

)

NET CURRENT ASSETS

523,707

447,202

TOTAL ASSETS LESS CURRENT LIABILITIES

552,563

482,564

CREDITORS

Amounts falling due after more than one year

7

(51,398

)

(57,236

)

NET ASSETS

501,165

425,328

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

501,163

425,326

SHAREHOLDERS' FUNDS

501,165

425,328

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:

Mr S Kularatnam - Director

1.	STATUTORY INFORMATION

Llysfield Nursing Home 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.

Fixtures and fittings

-

20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 32 (2022 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2022

and 31 March 2023

117,907

DEPRECIATION

At 1 April 2022

82,545

Charge for year

6,506

At 31 March 2023

89,051

NET BOOK VALUE

At 31 March 2023

28,856

At 31 March 2022

35,362

5.

DEBTORS

31.3.23

31.3.22

£

£

Amounts falling due within one year:

Trade debtors

-

58,360

Amounts falling due after more than one year:

Amounts owed by group undertakings

601,872

393,466

Aggregate amounts

601,872

451,826

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Taxation and social security

31,381

18,300

Other creditors

48,887

4,289

80,268

22,589

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans

40,278

45,833

Amounts owed to group undertakings

11,120

11,403

51,398

57,236

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

2

Ordinaray

£1

2

2