Bridges Healthcare & Nursing Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05172941 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

Bridges Healthcare & Nursing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S Clements

Ms A S E Tully (nee Clements)

REGISTERED OFFICE:

Wells House

15 Elmfield Road

Bromley

Kent

BR1 1LT

REGISTERED NUMBER:

05172941 (England and Wales)

ACCOUNTANTS:

Gorrie Whitson Limited

1st Floor, Cromwell House

14 Fulwood Place

London

WC1V 6HZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,712

7,577

6,712

7,577

CURRENT ASSETS

Debtors

6

370,697

294,819

Cash at bank and in hand

157

61,127

370,854

355,946

CREDITORS

Amounts falling due within one year

7

196,418

126,856

NET CURRENT ASSETS

174,436

229,090

TOTAL ASSETS LESS CURRENT LIABILITIES

181,148

236,667

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

181,048

236,567

SHAREHOLDERS' FUNDS

181,148

236,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 30 September 2019 and were signed on its behalf by:

Ms S Clements - Director

1.	STATUTORY INFORMATION

Bridges Healthcare & Nursing 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.

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 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 2012, is being amortised evenly over its estimated useful life of five years.

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

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the

future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2017 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2017

and 30 September 2018

20,000

AMORTISATION

At 1 October 2017

and 30 September 2018

20,000

NET BOOK VALUE

At 30 September 2018

-

At 30 September 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2017

21,292

Additions

424

At 30 September 2018

21,716

DEPRECIATION

At 1 October 2017

13,715

Charge for year

1,289

At 30 September 2018

15,004

NET BOOK VALUE

At 30 September 2018

6,712

At 30 September 2017

7,577

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

243,498

204,959

Amounts owed by associates

106,491

84,067

Other debtors

20,708

5,793

370,697

294,819

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Bank loans and overdrafts

202

-

Payments on account

9,392

71,515

Trade creditors

49,937

13,982

Taxation and social security

24,893

18,824

Other creditors

111,994

22,535

196,418

126,856

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £22,000 were paid to the directors .