Objective Care Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06177605 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2019 TO 6 APRIL 2020

FOR

OBJECTIVE CARE LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N Pragashparan

SECRETARY:

Ms T Pragashpran

REGISTERED OFFICE:

1st Floor, 44-50 The Broadway

Southall

Middlesex

UB1 1QB

REGISTERED NUMBER:

06177605 (England and Wales)

ACCOUNTANTS:

Param & Company Ltd

1st Floor

44 - 50 The Broadway

Southall

Middlesex

UB1 1QB

FIXED ASSETS

Tangible assets

4

19,358

20,336

Investment property

5

855,477

-

874,835

20,336

CURRENT ASSETS

Debtors

219,750

194,037

Cash at bank and in hand

53,967

147,413

273,717

341,450

CREDITORS

Amounts falling due within one year

782,580

49,490

NET CURRENT (LIABILITIES)/ASSETS

(508,863

)

291,960

TOTAL ASSETS LESS CURRENT LIABILITIES

365,972

312,296

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

364,972

311,296

365,972

312,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 6 April 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 6 April 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the period ended 6 April 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 February 2021 and were signed by:

N Pragashparan - Director

1.	STATUTORY INFORMATION

Objective 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 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.

Long leasehold

-

Equal inst over the period of lease

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

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 12 (2019 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

and 6 April 2020

58,390

DEPRECIATION

At 1 April 2019

38,054

Charge for period

978

At 6 April 2020

39,032

NET BOOK VALUE

At 6 April 2020

19,358

At 31 March 2019

20,336

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

855,477

At 6 April 2020

855,477

NET BOOK VALUE

At 6 April 2020

855,477