Dove Home Care Agency Ltd - Period Ending 2014-10-31

Registration number: 05525732

Dove Home Care Agency Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

Clere's Limited
Chartered Certified Accountants
GN House
119 Holloway Head
Birmingham
West Midlands
B1 1QP

Dove Home Care Agency Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Dove Home Care Agency Ltd
(Registration number: 05525732)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014 £			2013 £
Fixed assets
Intangible fixed assets					50,000			60,000
Tangible fixed assets					5,445			5,058
					55,445			65,058
Current assets
Debtors					59,739			57,554
Cash at bank and in hand					78,121			20,153
					137,860			77,707
Creditors: Amounts falling due within one year					(67,036)			(72,690)
Net current assets					70,824			5,017
Total assets less current liabilities					126,269			70,075
Creditors: Amounts falling due after more than one year					-			(10,755)
Net assets					126,269			59,320
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					126,268			59,319
Shareholders' funds					126,269			59,320

For the year ending 31 October 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 25 March 2015 and signed on its behalf by:

.........................................
Mrs J A Oughton
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Dove Home Care Agency Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line method

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

Dove Home Care Agency Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 November 2013		100,000			9,043			109,043
Additions		-			1,348			1,348
At 31 October 2014		100,000			10,391			110,391
Depreciation
At 1 November 2013		40,000			3,985			43,985
Charge for the year		10,000			961			10,961
At 31 October 2014		50,000			4,946			54,946
Net book value
At 31 October 2014		50,000			5,445			55,445
At 31 October 2013		60,000			5,058			65,058

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Shares of £1 each		1			1			1			1

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