Abbreviated Company Accounts - RAVEEDHA CARE LIMITED

RAVEEDHA CARE LIMITED - Company Information

04862539 RAVEEDHA CARE LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04862539 2014-01-01 2014-12-31 04862539 2014-12-31 04862539 2013-12-31 04862539 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04862539 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04862539

RAVEEDHA CARE LIMITED

Abbreviated Accounts

31 December 2014

RAVEEDHA CARE LIMITED Registered Number 04862539

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	714,000	793,333
Tangible assets	3	3,758,743	3,722,153
		4,472,743	4,515,486
Current assets
Stocks		3,000	3,250
Debtors		36,996	35,040
Cash at bank and in hand		242,295	298,743
		282,291	337,033
Creditors: amounts falling due within one year	4	(950,124)	(1,080,022)
Net current assets (liabilities)		(667,833)	(742,989)
Total assets less current liabilities		3,804,910	3,772,497
Creditors: amounts falling due after more than one year	4	(1,843,783)	(2,069,115)
Total net assets (liabilities)		1,961,127	1,703,382
Capital and reserves
Called up share capital	5	1,000	1,000
Profit and loss account		1,960,127	1,702,382
Shareholders' funds		1,961,127	1,703,382

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 September 2015

And signed on their behalf by:
Mr Indra Rajeevan, Director

RAVEEDHA CARE LIMITED Registered Number 04862539

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets amortisation policy
The the company has changed the accounting policy in relation to writing off the purchased goodwill in line with FRS 102 guidelines. The revised useful life of goodwill term has reliably been estimated to be 10 years starting from the Financial year 2014.

2Intangible fixed assets

	£
Cost
At 1 January 2014	850,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	850,000
Amortisation
At 1 January 2014	56,667
Charge for the year	79,333
On disposals	-
At 31 December 2014	136,000
Net book values
At 31 December 2014	714,000
At 31 December 2013	793,333

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:

10 Years
During the year 2014 the company has estimated the remaining usefull economic life to be 10 years & adapted a new accounting policy.

3Tangible fixed assets

	£
Cost
At 1 January 2014	4,045,576
Additions	63,785
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	4,109,361
Depreciation
At 1 January 2014	323,423
Charge for the year	27,195
On disposals	-
At 31 December 2014	350,618
Net book values
At 31 December 2014	3,758,743
At 31 December 2013	3,722,153

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 15% Reducing balance
Fixtures and Fittings 15% Reducing balance

4Creditors

	2014 £	2013 £
Secured Debts	1,837,783	2,061,115

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000