Luxurycare Aranlaw House Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 12422981 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

LUXURYCARE ARANLAW HOUSE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K R Gunputh

Mrs J C Barrett

REGISTERED OFFICE:

First Floor

5 Trinity House

161 Old Christchurch Road

Bournemouth

Dorset

BH1 1JU

REGISTERED NUMBER:

12422981 (England and Wales)

AUDITORS:

Carter & Coley Limited

Chartered Accountants and Statutory Auditor

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

CURRENT ASSETS

Stocks

5

1,000

1,000

Debtors

6

363,422

1,249,979

Cash at bank

121,108

82,181

485,530

1,333,160

CREDITORS

Amounts falling due within one year

7

475,281

1,322,864

NET CURRENT ASSETS

10,249

10,296

TOTAL ASSETS LESS CURRENT LIABILITIES

10,249

10,296

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,149

10,196

SHAREHOLDERS' FUNDS

10,249

10,296

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2022 and were signed on its behalf by:

K R Gunputh - Director

1.	STATUTORY INFORMATION

Luxurycare Aranlaw House Ltd 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 represents services provided during the period.

Government grants

Grants will be included in the Statement of Income and Retained Earnings on a receivable basis. Where entitlement occurs before income is received, the income will be accrued.

Grants relating to revenue are recognised in profit and loss on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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.

Tangible fixed assets

Furnishings are generally treated as renewals in the profit and loss in the year in which they are purchased.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 101 (2021 - 111 ) .

4.	AUDITORS' REMUNERATION

Period

24/1/20

Year Ended

to

31/3/22

31/3/21

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

3,600

3,440

Auditors' remuneration for non audit work

3,300

2,157

5.

STOCKS

2022

2021

£

£

Stocks

1,000

1,000

6.

DEBTORS

2022

2021

£

£

Amounts falling due within one year:

Trade debtors

258,878

192,570

Amounts owed by group undertakings

83,956

1,033,079

Other debtors

20,588

23,521

363,422

1,249,170

Amounts falling due after more than one year:

Other debtors

-

809

Aggregate amounts

363,422

1,249,979

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

-

60

Trade creditors

152,822

133,148

Amounts owed to group undertakings

-

863,629

Taxation and social security

184,776

207,951

Other creditors

137,683

118,076

475,281

1,322,864

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Clark (Senior Statutory Auditor)

for and on behalf of Carter & Coley Limited

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption in FRS 102 in respect of the disclosure of related party transactions with group companies.

10.	ULTIMATE PARENT COMPANY

The ultimate parent undertaking of the company is Luxurycare Group Limited, a company incorporated in England and Wales. Luxurycare Group Limited's registered office address is First Floor 5 Trinity House, 161 Old Christchurch Road, Bournemouth, Dorset, England, BH1 1JU.

The largest and smallest company which prepared group accounts in the group is Luxurycare Group Limited.