Berwick Care Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12061787 (England and Wales)

Unaudited Financial Statements

for the Period 20 June 2019 to 30 June 2020

for

Berwick Care Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

P Milner

O Milner

REGISTERED OFFICE:

The Dairy Criftin Enterprise Centre

Oxton Road

Epperstone

Nottinghamshire

NG14 6AT

REGISTERED NUMBER:

12061787 (England and Wales)

FIXED ASSETS

Tangible assets

4

327,831

CURRENT ASSETS

Debtors

5

152,015

Prepayments and accrued income

8,284

Cash at bank and in hand

121,268

281,567

CREDITORS

Amounts falling due within one year

6

214,528

NET CURRENT ASSETS

67,039

TOTAL ASSETS LESS CURRENT LIABILITIES

394,870

CREDITORS

Amounts falling due after more than one year

7

(285,000

)

ACCRUALS AND DEFERRED INCOME

(37,241

)

NET ASSETS

72,629

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

72,528

72,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2020 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 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 Board of Directors and authorised for issue on 2 March 2021 and were signed on its behalf by:

O Milner - Director

1.	STATUTORY INFORMATION

Berwick Care Ltd 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 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.

Land and buildings

-

2.5% on cost

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are

not recognised until there is reasonable assurance that the company will comply with the

conditions attaching to them and the grants will be received.

Government grants are recognised using the accrual model and the performance model.

Under the accrual model, government grants relating to revenue are recognised on a systematic

basis over the periods in which the company recognises the related costs for which the grant is

intended to compensate. Grants that are receivable as compensation for expenses or losses

already incurred or for the purpose of giving immediate financial support to the entity with no

future related costs are recognised in income in the period in which it becomes receivable.

Grants relating to assets are recognised in income on a systematic basis over the expected useful

life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred

income and not deducted from the carrying amount of the asset.

Under the performance model, where the grant does not impose specified future

performance-related conditions on the recipient, it is recognised in income when the grant

proceeds are received or receivable. Where the grant does impose specified future

performance-related conditions on the recipient, it is recognised in income only when the

performance-related conditions have been met. Where grants received are prior to satisfying the

revenue recognition criteria, they are recognised as a liability.

Financial instruments

Financial liabilities are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity

instrument is any contract that evidences a residual interest in the assets of the entity after

deducting all of its financial liabilities.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 51 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

315,796

15,112

330,908

At 30 June 2020

315,796

15,112

330,908

DEPRECIATION

Charge for period

1,579

1,498

3,077

At 30 June 2020

1,579

1,498

3,077

NET BOOK VALUE

At 30 June 2020

314,217

13,614

327,831

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

142,454

Other debtors

9,561

152,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

42,027

Taxation and social security

33,953

Other creditors

138,548

214,528

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

285,000