Omni Healthcare Limited - Limited company accounts 11.6

REGISTERED NUMBER: 07945623 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 June 2014

for

Omni Healthcare Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

W N Cogley

Omni Consult Limited

REGISTERED OFFICE:

7.03 The Deco Building

Paintworks

Bath Road

Bristol

BS4 3EA

REGISTERED NUMBER:

07945623 (England and Wales)

ACCOUNTANTS:

Create Accountancy Solutions Limited

7.03, The Deco Building

Paintworks, Bath Road

Bristol

BS4 3EA

The directors present their report with the financial statements of the company for the year ended

30 June 2014.

DIRECTORS

W N Cogley has held office during the whole of the period from 1 July 2013 to the date of this report.

Other changes in directors holding office are as follows:

Create Group Holdings Limited - resigned 5 July 2013

Omni Consult Limited - appointed 4 July 2013

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

W Cogley - Director

26 March 2015

TURNOVER

486,438

-

Cost of sales

359,594

-

GROSS PROFIT

126,844

-

Distribution costs

86,031

-

Administrative expenses

576,683

-

662,714

-

(535,870

)

-

Other operating income

1,105

-

OPERATING LOSS

2

(534,765

)

-

Interest receivable and similar income

11

-

LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION

(534,754

)

-

Tax on loss on ordinary activities

3

-

-

LOSS FOR THE FINANCIAL YEAR

(534,754

)

-

FIXED ASSETS

Tangible assets

4

21,024

-

CURRENT ASSETS

Debtors

5

152,824

100

Cash at bank and in hand

8,321

10

161,145

110

CREDITORS

Amounts falling due within one year

6

716,823

10

NET CURRENT (LIABILITIES)/ASSETS

(555,678

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

(534,654

)

100

CAPITAL AND RESERVES

Called up share capital

7

100

100

Profit and loss account

8

(534,754

)

-

SHAREHOLDERS' FUNDS

(534,654

)

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 26 March 2015 and were signed on its behalf by:

W Cogley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates to write off each asset over its estimated

useful life:

Plant and Machinery 33% Straight line

Office Equipment and Motor vehicle 25% reducing balance

Furniture and fittings 20% reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	OPERATING LOSS

The operating loss is stated after charging:

Period

1.1.13

Year Ended

to

30.6.14

30.6.13

£

£

Depreciation - owned assets

6,967

-

Loss on disposal of fixed assets

1,657

-

Directors' remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 30 June 2014 nor

for the period ended 30 June 2013.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

29,648

Disposals

(1,657

)

At 30 June 2014

27,991

DEPRECIATION

Charge for year

6,967

At 30 June 2014

6,967

NET BOOK VALUE

At 30 June 2014

21,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.14

30.6.13

£

£

Trade debtors

114,397

-

Other debtors

38,427

100

152,824

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.14

30.6.13

£

£

Trade creditors

121,072

-

Amounts owed to group undertakings

550,555

10

Taxation and social security

18,227

-

Other creditors

26,969

-

716,823

10

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

NIL

Share capital 1

a

100

100

8.

RESERVES

Profit

and loss

account

£

Deficit for the year

(534,754

)

At 30 June 2014

(534,754

)

9.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company was under the control of Omni Consult Limited by

virtue of its 100% shareholding.

At the period end, the company owed Omni Consult Limited £545,344 (2013: £10).