Devaglade Limited in Norwich, NR8 6AS

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www.twoacres.co.uk

Description

Data updated on: 01-11-2023

Devaglade Limited could be contacted at 214 Fakenham Road, Taverham in Norwich. Its post code is NR8 6AS. Devaglade has been actively competing on the market for thirty two years. Its registration number is 02764682. The enterprise's classified under the NACE and SIC code 87100: Residential nursing care facilities. 2023-03-31 is the last time the accounts were reported.

One of the tasks of Devaglade is to provide health care services. It has five locations in South Yorkshire County and Norfolk County. Aaron View Care Home in Sheffield has operated since 2010-12-30, and provides home care without nursing. The company caters for the needs of older people. For further information, please call the following phone number: 01142869753. All the information concerning the firm can also be obtained on the phone number: 01603867600or on the company's website www.twoacres.co.uk. Apart from its main unit in Sheffield, the company also works in Hazeldown Care Home located in Dereham and Two Acres Care Home placed in Norwich. The firm joined HSCA on 2010-12-30. As for the medical procedures included in the offer, the centre provides patients with accommodation for persons requiring nursing or personal care, diagnosis, screening, treatment of diseases, disorders and injuries.

With two recruitment offers since 2016-11-28, the firm has been active on the employment market. On 2017-12-13, it started seeking new employees for a part time Part Time Support Worker position in Foulsham, and on 2016-11-28, for the vacant position of a part time support worker for day and night shifts in East Dereham.

Given the firm's constant expansion, it was vital to appoint other directors, including: Ashok P., Pramod P., Anjana K. who have been supporting each other since 1995 to exercise independent judgement of the business. To provide support to the directors, the business has been utilizing the skills of Anjana K. as a secretary since 1992.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	2 083 779	2 105 913

Balance Sheet
Cash Bank In Hand	1 253 520	531 337
Cash Bank On Hand			813 212	975 315	720 823	689 757	1 178 750	1 487 249	672 953
Current Assets	1 331 482	1 411 156	1 042 354	1 205 840	790 305	941 831	1 553 477	1 582 508	942 003
Debtors	75 962	877 819	227 142	228 525	67 482	250 074	372 727	93 259	267 050
Intangible Fixed Assets	254 375	201 875
Net Assets Liabilities			2 350 071	2 112 503	1 835 164	1 789 691	2 223 076	2 458 277	2 642 475
Net Assets Liabilities Including Pension Asset Liability	2 083 779	2 105 913
Other Debtors			5 000	5 000	5 000	8 683	293 166	25 656	25 834
Property Plant Equipment			2 017 764	1 965 477	1 894 870	1 821 496	1 786 865	1 742 897	1 709 585
Stocks Inventory	2 000	2 000
Tangible Fixed Assets	2 569 652	2 476 192
Total Inventories			2 000	2 000	2 000	2 000	2 000	2 000	2 000

Capital & Reserves
Called Up Share Capital	300	300
Profit Loss Account Reserve	2 083 479	2 105 613
Shareholder Funds	2 083 779	2 105 913

Other Financial Data
Audit Fees Expenses	7 500
Accruals Deferred Income Within One Year	92 810	135 102
Accrued Liabilities Deferred Income			155 431	163 085	164 246	211 028	206 966
Accumulated Amortisation Impairment Intangible Assets			425 125	465 000	465 000	465 000	465 000	465 000
Accumulated Depreciation Impairment Property Plant Equipment			1 519 642	1 630 877	1 732 007	1 824 222	1 919 288	2 015 627	2 111 063
Administrative Expenses	1 348 253
Amortisation Intangible Assets Expense	52 500	52 500
Amounts Owed By Group Undertakings									50 000
Average Number Employees During Period			170	140	137	133	144	138	144
Bank Borrowings	133 300	133 300	739 539	579 153	513 747	447 665	427 701
Bank Borrowings Debentures After Five Years	656 234	514 222
Bank Borrowings Overdrafts	133 300	133 300	62 000	62 000	203 747	137 665	363 849	287 635	37 041
Bank Borrowings Secured	1 322 734	1 180 722
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	-7 563
Cash Flow Outflow From Change In Debt Lease Financing	139 944
Corporation Tax Due Within One Year	50 889	44 354
Corporation Tax Payable			2 217				31 594
Corporation Tax Recoverable			46 802	46 802
Cost Sales	3 411 403
Creditors			852 939	517 153	451 747	385 665	363 849	287 635	37 041
Creditors Due After One Year	1 364 834	1 222 822
Creditors Due Within One Year	639 953	691 684
Debtors Due Within One Year	75 962	877 819
Decrease Increase In Net Debt During Period	286 482
Decrease Increase In Net Debt Resulting From Cash Flows	286 482
Deferred Tax Liability	66 943	68 804
Depreciation Tangible Fixed Assets Expense	144 112	131 354
Disposals Investment Property Fair Value Model				665 000
Disposals Property Plant Equipment				2 000		2 500
Effective Current Tax Rate	20
Expenses Not Deductible For Tax Purposes	44
Final Payment	63 580
Fixed Assets	2 824 027	2 678 067	2 722 639	1 965 477	1 894 870	1 821 496	1 786 865	1 742 897	2 268 950
Gross Profit Loss	1 465 299
Increase Decrease In Net Cash For Period	146 538
Increase From Amortisation Charge For Year Intangible Assets				39 875
Increase From Depreciation Charge For Year Property Plant Equipment				111 235	101 130	93 739	95 066	96 339	95 436
Intangible Assets			39 875
Intangible Assets Gross Cost			465 000	465 000	465 000	465 000	465 000	465 000
Intangible Fixed Assets Aggregate Amortisation Impairment	270 625	323 125
Intangible Fixed Assets Amortisation Charged In Period		52 500
Intangible Fixed Assets Cost Or Valuation	525 000
Interest Payable Similar Charges	24 870
Interim Payment	90 000
Investment Property			665 000
Investment Property Fair Value Model			665 000
Investments Fixed Assets									559 365
Investments In Group Undertakings									559 365
Net Current Assets Liabilities	691 529	719 472	577 653	753 223	454 013	410 718	858 723	1 061 171	488 772
Net Debt Funds	244 614	824 785
Net Increase Decrease In Shareholders Funds	1 689
Non-taxable Income	988
Number Shares Allotted		300
Operating Profit Loss	240 257
Other Borrowings	175 400	175 400
Other Creditors				100 000			456 966	238 609	248 387
Other Interest Receivable Similar Income	5 964
Other Loans After Five Years Not By Instalments	175 400	175 400
Other Operating Income	123 211
Other Remaining Borrowings			175 400
Other Taxation Social Security Payable			41 797	45 592	48 760	48 744	65 562	113 429	109 861
Other Taxation Social Security Within One Year	46 363	42 316
Par Value Share		1
Payments Received On Account			132 858	2 277
Payments Received On Account Within One Year	132 858	217 249
Pension Costs	200 000
Prepayments Accrued Income			19 085	19 894	20 418	19 806	284 388
Profit Loss For Period	155 269
Profit Loss On Ordinary Activities Before Tax	221 351
Property Plant Equipment Gross Cost			3 537 406	3 596 354	3 626 877	3 645 718	3 706 153	3 758 524	3 820 648
Provisions For Liabilities Balance Sheet Subtotal			97 282	89 044	61 972	56 858	58 663	58 156	78 206
Provisions For Liabilities Charges	66 943	68 804
Secured Debts	1 498 134	1 356 122
Share Capital Allotted Called Up Paid	300	300
Social Security Costs	145 638
Staff Costs	3 500 854
Standard Nominal Tax Rate	20
Stocks Raw Materials Consumables	2 000	2 000
Tangible Fixed Assets Additions		18 993
Tangible Fixed Assets Cost Or Valuation	3 708 012	3 735 252
Tangible Fixed Assets Depreciation	1 138 360	1 259 060
Tangible Fixed Assets Depreciation Charged In Period		42 434
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		10 654
Tangible Fixed Assets Disposals		12 295
Taxation Expense Credit	81 892
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	44 270
Tax On Profit Or Loss On Ordinary Activities	66 082
Total Additions Including From Business Combinations Property Plant Equipment				60 948	30 523	21 341	60 435	52 371	62 124
Total Assets Less Current Liabilities	3 515 556	3 397 539	3 300 292	2 718 700	2 348 883	2 232 214	2 645 588	2 804 068	2 757 722
Total Borrowings			914 939	579 153
Total Dividend Payment	153 580	153 580
Total U K Foreign Current Tax After Adjustments Relief	50 889
Trade Creditors Trade Payables			70 398	79 663	61 286	109 341	73 469	98 265	89 430
Trade Creditors Within One Year	183 733	119 363
Trade Debtors Trade Receivables			156 255	156 829	42 064	221 585	79 561	67 603	191 216
Turnover Gross Operating Revenue	4 876 702
U K Current Corporation Tax	50 889
U K Deferred Tax	15 193
Wages Salaries	3 155 216
Company Contributions To Money Purchase Schemes Directors	200 000	200 000
Director Remuneration	49 000	49 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment						1 524