Caresect Construction Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10566976 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

FOR

CARESECT CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

J Feller

E J Feller

REGISTERED OFFICE:

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

REGISTERED NUMBER:

10566976 (England and Wales)

CURRENT ASSETS

Debtors

4

152,999

68,774

Cash at bank

5,702

4,033

158,701

72,807

CREDITORS

Amounts falling due within one year

5

151,144

90,876

NET CURRENT ASSETS/(LIABILITIES)

7,557

(18,069

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,557

(18,069

)

CAPITAL AND RESERVES

Called up share capital

6

500

500

Retained earnings

7,057

(18,569

)

SHAREHOLDERS' FUNDS

7,557

(18,069

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 14 February 2020 and were signed on its behalf by:

J Feller - Director

E J Feller - Director

1.	STATUTORY INFORMATION

Caresect Construction 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 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 represents the invoiced value of goods and services supplied by the company, net of value added tax

and trade discounts.

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.

Going concern

The accounts have been prepared on a going concern basis. The directors have confirmed they will provide

sufficient funding to enable the company to continue trading for at least one year from the date of approval of

these accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Other debtors

152,999

68,774

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade creditors

337

2,895

Taxation and social security

2,724

-

Other creditors

148,083

87,981

151,144

90,876

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.19

30.6.18

value:

£

£

250

Ordinary Class A

£1

250

250

250

Ordinary Class B

£1

250

250

500

500

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 June 2019 and the period

ended 30 June 2018:

30.6.19

30.6.18

£

£

J Feller

Balance outstanding at start of year

250

-

Amounts advanced

-

250

Amounts repaid

(3,397

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,147

)

250

E J Feller

Balance outstanding at start of year

250

-

Amounts advanced

-

250

Amounts repaid

(250

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

250

The loan is unsecured, interest free and repayable on demand.