Boscombe Care Homes Limited - Accounts to registrar (filleted) - small 18.2
Boscombe Care Homes Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 August 2019 |
| for |
| Boscombe Care Homes Limited |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2019 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| Boscombe Care Homes Limited |
| Company Information |
| for the Year Ended 31 August 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| 962 Eastern Avenue |
| Newbury Park |
| Ilford |
| Essex |
| IG2 7JD |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Statement of Financial Position |
| 31 August 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 signed by: |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2019 |
| 1. | STATUTORY INFORMATION |
| Boscombe Care Homes Limited is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company is a member of a small group, where the parent of the group prepares publicly available |
| consolidated financial statements, including this company. |
| The financial statements of the company are consolidated in the financial statements of Springfield |
| Holdings Limited. These consolidated financial statements are available from its registered office |
| address; 20 Lodwick Shoeburyness, Essex, SS3 9HW. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 |
| 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related |
| party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Revenue is recognised when the principal contractual obligation is fulfilled, that is typically when a |
| service user has received care services, which are usually provided on a daily basis. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured |
| at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| A full year's depreciation is charged in the year an asset is purchased, and no depreciation is charged |
| in the year of its disposal. |
| The gain or loss arising on the disposal of an asset is determined as the difference between the sale |
| proceeds and the carrying value of the asset, and is credited or charged to the income statement. |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| A financial asset or a financial liability is recognised only when the entity becomes a party to the |
| contractual provisions of the instrument. |
| Basic financial instruments are initially recognised at the transaction price and are subsequently |
| measured as follows: Debt instruments are subsequently measured at amortised cost and |
| commitments to receive a loan and to make a loan to another entity are subsequently measured at |
| amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary |
| shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, |
| the investment is subsequently measured at fair value with changes in fair value recognised in profit or |
| loss. All other such investments are subsequently measured at cost less impairment. |
| All other financial instruments, including derivatives, are initially recognised at fair value, which is |
| normally the transaction price and are subsequently measured at fair value, with any changes |
| recognised in profit or loss. |
| Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of |
| impairment at the end of each reporting date. If there is objective evidence of impairment, an |
| impairment loss is recognised in profit or loss immediately. |
| All equity instruments regardless of significance, and other financial assets that are individually |
| significant, are assessed individually for impairment. Other financial assets or either assessed |
| individually or grouped on the basis of similar credit risk characteristics. |
| Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal |
| does not result in a carrying amount of the financial asset that exceeds what the carrying amount |
| would have been had the impairment not previously been recognised. |
| 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. |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
| held under finance leases are depreciated over their estimated useful lives or the lease term, |
| whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 September 2018 |
| and 31 August 2019 |
| AMORTISATION |
| At 1 September 2018 |
| Charge for year |
| At 31 August 2019 |
| NET BOOK VALUE |
| At 31 August 2019 |
| At 31 August 2018 |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 September 2018 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 August 2019 |
| DEPRECIATION |
| At 1 September 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 August 2019 |
| NET BOOK VALUE |
| At 31 August 2019 |
| At 31 August 2018 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| At 1 September 2018 |
| Disposals | ( |
) |
| At 31 August 2019 |
| DEPRECIATION |
| At 1 September 2018 |
| Eliminated on disposal | ( |
) |
| At 31 August 2019 |
| NET BOOK VALUE |
| At 31 August 2019 |
| At 31 August 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Boscombe Care Homes Limited (Registered number: 04737755) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Payments on account |
| Trade creditors |
| Amounts owed to group undertakings |
| Tax | ( |
) |
| Social security and other taxes |
| Other creditors |
| Wages and salaries control | 32,483 | 32,179 |
| Accrued expenses |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 September 2018 |
| Deficit for the year | ( |
) |
| At 31 August 2019 | ( |
) |
| 10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |