Edinburgh Homecare Ltd - Accounts to registrar (filleted) - small 18.2
Edinburgh Homecare Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 July 2019 |
| for |
| Edinburgh Homecare Ltd |
| Edinburgh Homecare Ltd (Registered number: SC510786) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2019 |
| Page |
| Statement of Financial Position | 1 |
| Notes to the Financial Statements | 3 |
| Edinburgh Homecare Ltd (Registered number: SC510786) |
| Statement of Financial Position |
| 31 July 2019 |
| 31.7.19 | 31.7.18 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| Edinburgh Homecare Ltd (Registered number: SC510786) |
| Statement of Financial Position - continued |
| 31 July 2019 |
| The director acknowledges her 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Edinburgh Homecare Ltd (Registered number: SC510786) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2019 |
| 1. | STATUTORY INFORMATION |
| Edinburgh Homecare Ltd is a private company, limited by shares, domiciled in Scotland, registration number SC510786. |
| The registered office is Ground Floor West Suite, West Point House, 69 North Gyle Terrace, Edinburgh, Scotland, EH12 |
| 8JY. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of services in respect of social work care for the elderly, excluding value added tax. |
| Sales are recognised at the point at which the service is complete. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of |
| financial position 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. |
| Provisions |
| Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable |
| that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions |
| are not recognised for future operating losses. Provisions are discounted where the time value of money is material. |
| Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined |
| by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with |
| respect to any one item included in the same class of obligations may be small. |
| Edinburgh Homecare Ltd (Registered number: SC510786) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2019 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to related parties | 4,026 | - |
| Taxation and social security |
| Other creditors |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 July 2019 and 31 July 2018: |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 7. | RELATED PARTY DISCLOSURES |
| Companies under common control |
| Loans were received in the year of £4,026 and this loan is interest free and repayable on demand (2018: £nil). |