Liberty Foster Care Limited - Accounts to registrar (filleted) - small 18.2

Liberty Foster Care Limited - Accounts to registrar (filleted) - small 18.2

LIBERTY FOSTER CARE LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v20.3.0.228 06803003 director 1.2.19 31.1.20 31.1.20 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068030032019-01-31068030032020-01-31068030032019-02-012020-01-31068030032018-01-31068030032018-02-012019-01-31068030032019-01-3106803003ns16:EnglandWales2019-02-012020-01-3106803003ns15:PoundSterling2019-02-012020-01-3106803003ns11:Director12019-02-012020-01-3106803003ns11:PrivateLimitedCompanyLtd2019-02-012020-01-3106803003ns11:SmallEntities2019-02-012020-01-3106803003ns11:AuditExempt-NoAccountantsReport2019-02-012020-01-3106803003ns11:SmallCompaniesRegimeForDirectorsReport2019-02-012020-01-3106803003ns11:SmallCompaniesRegimeForAccounts2019-02-012020-01-3106803003ns11:FullAccounts2019-02-012020-01-3106803003ns11:RegisteredOffice2019-02-012020-01-3106803003ns6:CurrentFinancialInstruments2020-01-3106803003ns6:CurrentFinancialInstruments2019-01-3106803003ns6:ShareCapital2020-01-3106803003ns6:ShareCapital2019-01-3106803003ns6:RetainedEarningsAccumulatedLosses2020-01-3106803003ns6:RetainedEarningsAccumulatedLosses2019-01-3106803003ns6:FurnitureFittings2019-02-012020-01-3106803003ns6:ComputerEquipment2019-02-012020-01-3106803003ns6:FurnitureFittings2019-01-3106803003ns6:ComputerEquipment2019-01-3106803003ns6:FurnitureFittings2020-01-3106803003ns6:ComputerEquipment2020-01-3106803003ns6:FurnitureFittings2019-01-3106803003ns6:ComputerEquipment2019-01-3106803003ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-01-3106803003ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-01-31
REGISTERED NUMBER: 06803003 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2020

FOR

Liberty Foster Care Limited
Liberty Foster Care Limited (Registered number: 06803003)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Liberty Foster Care Limited

COMPANY INFORMATION
for the Year Ended 31 January 2020







DIRECTOR: J A Harper





REGISTERED OFFICE: Passfield Business Centre
Lynchborough Road
Passfield
Liphook
Hampshire
GU30 7SB





REGISTERED NUMBER: 06803003 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP
Page 1
Liberty Foster Care Limited (Registered number: 06803003)

BALANCE SHEET
31 January 2020

31.1.20 31.1.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,802 7,127

CURRENT ASSETS
Debtors 5 231,655 101,107
Cash at bank and in hand 630,099 672,235
861,754 773,342
CREDITORS
Amounts falling due within one year 6 174,150 239,649
NET CURRENT ASSETS 687,604 533,693
TOTAL ASSETS LESS CURRENT
LIABILITIES
696,406
540,820

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 695,406 539,820
SHAREHOLDERS' FUNDS 696,406 540,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 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 2 November 2020 and were signed by:





J A Harper - Director


The notes form part of these financial statements

Page 2
Liberty Foster Care Limited (Registered number: 06803003)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2020

1. STATUTORY INFORMATION

Liberty Foster Care 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.

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 value of services supplied to clients, excluding value added tax, and is recognised on completion of specific services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Office equipment - 20% on reducing balance

Taxation
Taxation for the year is recognised as 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 not recognised in respect of timing differences that may have originated but not been reversed at the balance sheet date since the amount is not considered to be material.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2019 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 February 2019 231 14,100 14,331
Additions - 3,876 3,876
At 31 January 2020 231 17,976 18,207
DEPRECIATION
At 1 February 2019 113 7,091 7,204
Charge for year 24 2,177 2,201
At 31 January 2020 137 9,268 9,405
NET BOOK VALUE
At 31 January 2020 94 8,708 8,802
At 31 January 2019 118 7,009 7,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Trade debtors 108,598 100,852
Other debtors 123,057 255
231,655 101,107

Page 3 continued...
Liberty Foster Care Limited (Registered number: 06803003)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2020

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Trade creditors 47,559 45,943
Taxation and social security 70,930 83,887
Other creditors 55,661 109,819
174,150 239,649

Page 4