South Bucks Senior Care Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06962390 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

South Bucks Senior Care Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S J Darbyshire

M J Lawson

SECRETARY:

M J Lawson

REGISTERED OFFICE:

Unit D Bourne End Business Park

Cores End Road

Bourne

End

SLB 5AS

REGISTERED NUMBER:

06962390 (England and Wales)

ACCOUNTANTS:

Danton Partners

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,308

7,326

5,308

7,326

CURRENT ASSETS

Debtors

6

104,064

109,348

Cash at bank

56,255

72,706

160,319

182,054

CREDITORS

Amounts falling due within one year

7

87,164

57,408

NET CURRENT ASSETS

73,155

124,646

TOTAL ASSETS LESS CURRENT LIABILITIES

78,463

131,972

CAPITAL AND RESERVES

Called up share capital

8

100

2

Retained earnings

9

78,363

131,970

SHAREHOLDERS' FUNDS

78,463

131,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 on 30 December 2019 and were signed on its behalf by:

M J Lawson - Director

1.	STATUTORY INFORMATION

South Bucks Senior Care Ltd 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 2009, 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

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 NIL (2018 - 150 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

34,213

AMORTISATION

At 1 April 2018

and 31 March 2019

34,213

NET BOOK VALUE

At 31 March 2019

-

At 31 March 2018

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2018

and 31 March 2019

11,632

5,568

17,200

DEPRECIATION

At 1 April 2018

5,076

4,798

9,874

Charge for year

1,639

379

2,018

At 31 March 2019

6,715

5,177

11,892

NET BOOK VALUE

At 31 March 2019

4,917

391

5,308

At 31 March 2018

6,556

770

7,326

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

93,259

104,293

Other debtors

9,325

4,325

Prepayments

1,480

730

104,064

109,348

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Tax

6,148

18,806

Social security and other taxes

9,292

13,493

Directors' current accounts

5,095

109

Accrued expenses

66,629

25,000

87,164

57,408

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

£

100

Ordinary

£1

100

2

9.

RESERVES

Retained

earnings

£

At 1 April 2018

131,970

Profit for the year

22,393

Dividends

(76,000

)

At 31 March 2019

78,363

10.	RELATED PARTY DISCLOSURES

Included in the other creditors is the sum of £5,095 (2018 : £109) due to directors, Mr M J Lawson and Mrs S J

Derbyshire. During the year the company paid interest of £248 (2018 : £2,386) to the directors.

11.	ULTIMATE CONTROLLING PARTY

Mr M J Lawson and Mrs S J Derbyshire are the ultimate controlling party by virtue of their shareholding in the

company.