Care Mgmt Options Consult. Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06369531 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

CARE MANAGEMENT OPTIONS CONSULTANCY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs J C A Medcroft

SECRETARY:

L J Medcroft

REGISTERED OFFICE:

Painswick Suite

Spread Eagle Court

Northgate Street

Gloucester

Gloucestershire

GL1 1SL

REGISTERED NUMBER:

06369531 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Tangible assets

2

10,249

16,145

CURRENT ASSETS

Debtors

95,110

84,746

Cash at bank

267

9,667

95,377

94,413

CREDITORS

Amounts falling due within one year

102,022

88,916

NET CURRENT (LIABILITIES)/ASSETS

(6,645

)

5,497

TOTAL ASSETS LESS CURRENT LIABILITIES

3,604

21,642

CREDITORS

Amounts falling due after more than one year

(2,031

)

(17,126

)

PROVISIONS FOR LIABILITIES

-

(336

)

NET ASSETS

1,573

4,180

CAPITAL AND RESERVES

Called up share capital

3

600

600

Profit and loss account

973

3,580

SHAREHOLDERS' FUNDS

1,573

4,180

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 June 2015 and were signed by:

Mrs J C A Medcroft - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

There are no material uncertainties that may cast significant doubt about the company’s ability to

continue as a going concern.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents the value of services provided. Income is recognised when the company has

provided that service and the recoverability of the income is reasonably assured.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

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 the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

36,973

DEPRECIATION

At 1 October 2013

20,828

Charge for year

5,896

At 30 September 2014

26,724

NET BOOK VALUE

At 30 September 2014

10,249

At 30 September 2013

16,145

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

600

Ordinary

£1

600

600

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2014

and 30 September 2013:

2014

2013

£

£

Mrs J C A Medcroft

Balance outstanding at start of year

44,929

23,119

Amounts advanced

52,396

63,463

Amounts repaid

(45,291

)

(41,653

)

Balance outstanding at end of year

52,034

44,929

Interest is being charged at the HMRC official rate of interest on a daily basis. Interest is charged at

4% up to April 2014, and 3.25% thereafter. The overdrawn loan account balance was cleared by way

of dividend on 30 June 2015.