Beaufort Care Limited - Accounts to registrar (filleted) - small 18.2
Beaufort Care Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 August 2018 |
| for |
| Beaufort Care Limited |
| Beaufort Care Limited (Registered number: 05127330) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 8 |
| Beaufort Care Limited |
| Company Information |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1 Beauchamp Court |
| 10 Victors Way |
| Barnet |
| Hertfordshire |
| EN5 5TZ |
| Beaufort Care Limited (Registered number: 05127330) |
| Statement of Financial Position |
| 31 AUGUST 2018 |
| 31.8.18 | 31.8.17 |
| Notes | £ | £ | £ | £ |
| ASSETS |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| 2,355,070 | 1,991,841 |
| CAPITAL, RESERVES AND LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Fair value reserve | 9 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| PROVISIONS FOR LIABILITIES | 10 |
| CREDITORS | 11 |
| The director acknowledges his 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. |
| Beaufort Care Limited (Registered number: 05127330) |
| Statement of Financial Position - continued |
| 31 AUGUST 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the director on |
| Beaufort Care Limited (Registered number: 05127330) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| 1. | STATUTORY INFORMATION |
| Beaufort Care Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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 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 statement of financial position date. |
| Beaufort Care Limited (Registered number: 05127330) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 September 2017 |
| and 31 August 2018 |
| AMORTISATION |
| At 1 September 2017 |
| Amortisation for year |
| At 31 August 2018 |
| NET BOOK VALUE |
| At 31 August 2018 |
| At 31 August 2017 |
| Beaufort Care Limited (Registered number: 05127330) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and | Computer |
| property | machinery | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 September 2017 |
| Additions |
| At 31 August 2018 |
| DEPRECIATION |
| At 1 September 2017 |
| Charge for year |
| At 31 August 2018 |
| NET BOOK VALUE |
| At 31 August 2018 |
| At 31 August 2017 |
| 6. | STOCKS |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Stocks |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.18 | 31.8.17 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| Beaufort Care Limited (Registered number: 05127330) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| 9. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 September 2017 | 958,524 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 31 August 2018 | 1,020,376 |
| 10. | PROVISIONS FOR LIABILITIES |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Deferred tax | 88,810 | 88,810 |
| Deferred |
| tax |
| £ |
| Balance at 1 September 2017 |
| Balance at 31 August 2018 |
| 11. | CREDITORS |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Amounts falling due within one year: |
| Trade creditors |
| Tax |
| Social security and other taxes | ( |
) |
| Other creditors |
| Raintree Ltd | 259,572 | 235,000 |
| Beaufort House Welfare Funds | 840 | 840 |
| Pension Payable | 1,054 | 361 |
| Directors' current accounts | 1,209 | 1,209 |
| Directors' loan accounts | 660,606 | 660,356 |
| Amounts received on account |
| Accrued expenses |
| Amounts falling due after more than one year: |
| Bank loans (see note 12) |
| Aggregate amounts |
| Beaufort Care Limited (Registered number: 05127330) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2018 |
| 11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Lloyds bank loan | 264,184 | - |
| 12. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Lloyds bank loan | 264,184 | - |