Burley House Healthcare Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06553493 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 31st March 2021

for

Burley House Healthcare Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

73,500

84,000

Tangible assets

5

243,750

254,237

317,250

338,237

CURRENT ASSETS

Stocks

750

750

Debtors

17,214

48,299

Cash at bank and in hand

363,846

227,769

381,810

276,818

CREDITORS

Amounts falling due within one year

45,715

33,296

NET CURRENT ASSETS

336,095

243,522

TOTAL ASSETS LESS CURRENT LIABILITIES

653,345

581,759

PROVISIONS FOR LIABILITIES

6,839

8,802

NET ASSETS

646,506

572,957

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

646,406

572,857

SHAREHOLDERS' FUNDS

646,506

572,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 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 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 Income and Retained Earnings and an abridged Balance Sheet for the year ended 31st March 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th December 2021 and were signed by:

Mrs C Kershaw-Guy - Director

1.	STATUTORY INFORMATION

Burley House Healthcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06553493

Registered office:

350A Burley Road

Leeds

West Yorkshire

LS4 2NZ

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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 year was 5 (2020 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2020

and 31st March 2021

210,000

AMORTISATION

At 1st April 2020

126,000

Amortisation for year

10,500

At 31st March 2021

136,500

NET BOOK VALUE

At 31st March 2021

73,500

At 31st March 2020

84,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2020

and 31st March 2021

331,423

DEPRECIATION

At 1st April 2020

77,186

Charge for year

10,487

At 31st March 2021

87,673

NET BOOK VALUE

At 31st March 2021

243,750

At 31st March 2020

254,237

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2021 and 31st March 2020:

31/3/21

31/3/20

£

£

Mrs C Kershaw-Guy

Balance outstanding at start of year

47,940

(13,782

)

Amounts advanced

24,813

135,128

Amounts repaid

(55,898

)

(73,406

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,855

47,940

The full amount of the overdrawn loan account was repaid in full by 31st December 2021.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C Kershaw-Guy.

The ultimate controlling party is Mrs C Kershaw-Guy.