Enhance Living Support Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC503268 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 September 2019

for

ENHANCE LIVING SUPPORT SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Singh

REGISTERED OFFICE:

Barncluith Business Centre

Townhead Street

Hamilton

ML3 7DP

REGISTERED NUMBER:

SC503268 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

BANKERS:

The Royal Bank of Scotland

339 Byres Road

Glasgow

G12 8QP

FIXED ASSETS

Tangible assets

3

8,134

14,193

CURRENT ASSETS

Debtors

4

114,512

149,355

Cash at bank and in hand

1,995

53,429

116,507

202,784

CREDITORS

Amounts falling due within one year

5

72,482

181,180

NET CURRENT ASSETS

44,025

21,604

TOTAL ASSETS LESS CURRENT LIABILITIES

52,159

35,797

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

52,059

35,697

SHAREHOLDERS' FUNDS

52,159

35,797

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 June 2020 and were signed by:

M Singh - Director

1.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially

measured at transaction price including transaction costs and are subsequently carried at amortised 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2018 - 37 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2018

and 30 September 2019

23,846

DEPRECIATION

At 1 October 2018

9,653

Charge for year

6,059

At 30 September 2019

15,712

NET BOOK VALUE

At 30 September 2019

8,134

At 30 September 2018

14,193

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

71,311

115,783

Other debtors

43,201

33,572

114,512

149,355

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

37,300

78,093

Hire purchase contracts

1,041

3,982

Trade creditors

2,141

4,005

Tax

4,989

5,458

Social security and other taxes

7,194

17,707

Other creditors

14,367

12,867

Accrued expenses

5,450

59,068

72,482

181,180

6.	SECURED DEBTS

RBS hold a bond and floating charge over the assets of the company relating to sums outstanding on the

company's invoice finance account.

7.	RELATED PARTY DISCLOSURES

Enhance Healthcare Orchard House Ltd

A company in which M Singh is a Director

Amount due to related party at the balance sheet date

£10,519

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Singh.