Bettercare Capital Limited
Bettercare Capital Limited
Registered number: NI648143
Unaudited Financial Statements
For The Year Ended
31 March 2022
RWCA LTD
158 Upper Newtownards Road
Belfast
Co Antrim
BT4 3EQ
Bettercare Capital Limited
Unaudited Financial Statements
For The Year Ended
31 March 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Bettercare Capital Limited
Balance Sheet
As at
31 March 2022
Balance Sheet
Registered number:
NI648143
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
| 2022 | 2021 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 81,386 | 53,779 | |||
Bettercare Capital Limited
Balance Sheet (continued)
As at
31 March 2022
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Bettercare Capital Limited
Notes to the Financial Statements
For The Year Ended
31 March 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.3.
Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2021: 2)
3.
Investments
| Other | |
|---|---|
| £ | |
| Cost | |
| As at
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47,957 |
| As at
|
47,957 |
| Provision | |
| As at
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- |
| As at
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- |
| Net Book Value | |
| As at
|
47,957 |
| As at
|
47,957 |
The company owns the following shareholdings;
100% of the ordinary share capital of Bettercare Lucas Limited, a company registered in Northern Ireland.
100% of the ordinary share capital of Bettercare YMS Limited, a company registered in the Republic of Ireland.
100% of the ordinary share capital of Your Medical Service Holdco Limited, a company regsitered in the Republic of Ireland.
The company has taken advantage of the exceptions for small groups to not prepare Consolidated Financial Statements.
4.
Debtors
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Amounts owed by subsidiaries |
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Bettercare Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2022
5.
Creditors: Amounts Falling Due Within One Year
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Corporation tax |
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| Directors' loan accounts |
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| Amounts owed to associates |
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7.
General Information
Bettercare Capital Limited
is a private company, limited by shares, incorporated in Northern Ireland, registered number
NI648143
. The registered office is HNH Group, 42 Queen Street, Belfast, BT1 6HL.