Summary of significant accounting policies and key accounting estimatesThe principal accounting policies applied in the preparation of these financial statements are set out below.These policies have been consistently applied to all the years presented, unless otherwise stated.Statement of complianceThese financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A- 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.Basis of preparationThese financial statements have been prepared using the historical cost convention except for, where disclosedin these accounting policies, certain items that are shown at fair value.The presentational currency of the financial statements is Pounds Sterling, being the functional currency of theprimary economic environment in which the company operates. Monetary amounts in these financial statementsare rounded to the nearest Pound.Name of parent of groupThese financial statements are consolidated in the financial statements of MC Care Holdings Limited.The financial statements of MC Care Holdings Limited may be obtained from Companies House.Going concernAfter reviewing the company's forecasts and projections, the directors have a reasonable expectation that thecompany has adequate resources to continue in operational existence for the foreseeable future. The companytherefore continues to adopt the going concern basis in preparing its financial statements.Judgements and estimation uncertaintyThese financial statements do not contain any significant judgements or estimation uncertainty.Trade creditorsTrade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ofbusiness from suppliers. Accounts payable are classified as current liabilities if the company does not have anunconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve monthsafter the reporting date. If there is an unconditional right to defer settlement for at least twelve months after thereporting date, they are presented as non-current liabilities.Trade creditors are recognised initially at the transaction price and all are repayable within one year and henceare included at the undiscounted amount of cash expected to be paid.Share capitalOrdinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or otherresources received or receivable, net of the direct costs of issuing the equity instruments. If payment