Seniors Helping Seniors (Mid Surrey and - Accounts to registrar (filleted) - small 23.2

REGISTERED NUMBER: 11103081 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

Seniors Helping Seniors (Mid Surrey and

West Kent) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Heaney

Mrs J G Heaney

REGISTERED OFFICE:

67 Westow Street

London

SE19 3RW

REGISTERED NUMBER:

11103081 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Intangible assets

5

55,087

2,000

Tangible assets

6

404

51

55,491

2,051

CURRENT ASSETS

Debtors

7

34,379

24,819

Cash at bank

14,484

992

48,863

25,811

CREDITORS

Amounts falling due within one year

8

(112,401

)

(35,374

)

NET CURRENT LIABILITIES

(63,538

)

(9,563

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,047

)

(7,512

)

CREDITORS

Amounts falling due after more than one year

9

(9,986

)

(13,553

)

NET LIABILITIES

(18,033

)

(21,065

)

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

(19,033

)

(22,065

)

SHAREHOLDERS' FUNDS

(18,033

)

(21,065

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 17 August 2023 and were signed on its behalf by:

T Heaney - Director

1.	STATUTORY INFORMATION

Seniors Helping Seniors (Mid Surrey and West Kent) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

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

-

25% on cost

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.

Going concern

Although the company has negative net assets, the directors are of the opinion that the company will continue as a going concern. This opinion is based on the directors' review of the company's position at 31st December 2022.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 63 (2021 - 17 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2022

10,000

Additions

58,500

Disposals

(10,000

)

At 31 December 2022

58,500

AMORTISATION

At 1 January 2022

8,000

Charge for year

3,413

Eliminated on disposal

(8,000

)

At 31 December 2022

3,413

NET BOOK VALUE

At 31 December 2022

55,087

At 31 December 2021

2,000

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2022

1,390

Additions

539

Disposals

(1,390

)

At 31 December 2022

539

DEPRECIATION

At 1 January 2022

1,339

Charge for year

135

Eliminated on disposal

(1,339

)

At 31 December 2022

135

NET BOOK VALUE

At 31 December 2022

404

At 31 December 2021

51

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

34,309

-

Other debtors

70

24,819

34,379

24,819

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans and overdrafts

3,957

4,260

Taxation and social security

27,391

26,491

Other creditors

81,053

4,623

112,401

35,374

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans

9,986

13,553

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.22

31.12.21

value:

£

£

1,000

Ordinary

£1

1,000

1,000