Networking Care Partnerships (South West - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05064697 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2017 TO 30 JUNE 2018

FOR

NETWORKING CARE PARTNERSHIPS (SOUTH

WEST) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S B Jalil

Mrs R Kousar

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

BUSINESS ADDRESS:

Kingston House

432-452 High Street

West Bromwich

West Midlands

B70 9LD

REGISTERED NUMBER:

05064697 (England and Wales)

AUDITORS:

Luckmans Duckett Parker Limited

Chartered Accountants

Statutory Auditors

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

-

64,273

CURRENT ASSETS

Debtors

5

1

1,582,909

CREDITORS

Amounts falling due within one year

6

-

1,389

NET CURRENT ASSETS

1

1,581,520

TOTAL ASSETS LESS CURRENT LIABILITIES

1

1,645,793

CREDITORS

Amounts falling due after more than one year

7

-

214,032

NET ASSETS

1

1,431,761

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

-

1,431,760

SHAREHOLDERS' FUNDS

1

1,431,761

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 27 March 2019 and were signed on its behalf by:

Mrs S B Jalil - Director

1.	STATUTORY INFORMATION

Networking Care Partnerships (South West) 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

These financial statements do not contain any significant judgements or estimates.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period 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 period 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

After reviewing the company's forecasts and projections, the directors have a reasonable expectation

that the company has adequate resource to continue in operational existence for the foreseeable

future. The company therefore continues to adopt the going concern basis in preparing its financial

statements.

Change of accounting period

The company's year end has been extended from 31 March 2018 to 30 June 2018 to align the

company's year end with that of the ultimate parent company. The accounts to 30 June 2018 are a 15

month set with comparatives to 31 March 2017 being a 12 month set. As a result the comparatives

may not be entirely comparable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Short

leasehold

£

COST

At 1 April 2017

and 30 June 2018

197,000

DEPRECIATION

At 1 April 2017

132,727

Charge for period

64,273

At 30 June 2018

197,000

NET BOOK VALUE

At 30 June 2018

-

At 31 March 2017

64,273

5.

DEBTORS

2018

2017

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

1

-

Deferred tax asset

-

13,931

1

13,931

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

1,568,978

Aggregate amounts

1

1,582,909

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other creditors

-

1

Accrued expenses

-

1,388

-

1,389

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

-

214,032

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

Ordinary

1

1

1

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

The Report of the Auditors was unqualified.

Mark Spafford ACA FCCA (Senior Statutory Auditor)

for and on behalf of Luckmans Duckett Parker Limited

10.	OTHER FINANCIAL COMMITMENTS

At 30 June 2018 the company had operating lease commitments totalling £385,863 (31 March 2017:

£429,613) .

11.	ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Assisted Living South West Group Limited.

Until 19 January 2018 the ultimate controlling party was Sovereign Capital Partners LLP.

Until 19 January 2018 the ultimate parent company was Assisted Living South West Holdings Limited,

also incorporated in England and Wales.

On this date 100% of the share capital of Assisted Living South West Holdings Limited was acquired

by Rehability UK Community Limited, a company incorporated in England and Wales.

From 19 January 2018 the company's ultimate controlling party is Rehability Group Limited by virtue of

its 100% shareholding in Rehability UK Community Limited.