The Avenue Care Home Limited - Limited company - abbreviated - 11.9

The Avenue Care Home Limited - Limited company - abbreviated - 11.9

THE AVENUE CARE HOME LIMITED - Company Information

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REGISTERED NUMBER: 07014216 (England and Wales)
























THE AVENUE CARE HOME LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015






THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 31 March 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

THE AVENUE CARE HOME LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2015







DIRECTORS: N Manji
Mrs N K Manji





REGISTERED OFFICE: 26-28 Headlands
Kettering
Northamptonshire
NN15 7HP





REGISTERED NUMBER: 07014216 (England and Wales)





ACCOUNTANTS: Haines Watts Northamptonshire LLP
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP
Page 1
THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

ABBREVIATED BALANCE SHEET
31 March 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 37,333 45,333
Tangible assets 3 10,639 13,299
47,972 58,632

CURRENT ASSETS
Cash at bank 75,310 85,316

CREDITORS
Amounts falling due within one year 31,059 93,373
NET CURRENT ASSETS/(LIABILITIES) 44,251 (8,057 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
92,223
50,575

CAPITAL AND RESERVES
Called up share capital 4 130,100 1,400
Profit and loss account (37,877 ) 49,175
SHAREHOLDERS' FUNDS 92,223 50,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 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 Board of Directors on 17 December 2015 and were signed on its behalf
by:





N Manji - Director


The notes form part of these abbreviated accounts

Page 2
THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 31 March 2015


1. ACCOUNTING POLICIES

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).

Turnover
Turnover represents residential care home fees receivable.

Property rights
Property rights which were established in 2009 are being amortised evenly over its estimated useful life of ten
years.

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 - 20% on reducing balance

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
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Trust
The Company has created a trust whose beneficiaries will include employees of the Company and their
dependents. Assets held under this trust will be controlled by trustees who will be acting independently and
entirely at their own discretion.

Where assets are held in the trust and these are considered by the Company to be in respect of services
already provided by employees to the Company, the Company will account for these as assets of the trust
when payment is made to the trust. The value transferred will be charged in the Company’s profit and loss
account for the year to which it relates.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 80,000
AMORTISATION
At 1 April 2014 34,667
Amortisation for year 8,000
At 31 March 2015 42,667
NET BOOK VALUE

At 31 March 2015 37,333
At 31 March 2014 45,333

Page 3 continued...
THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
For The Year Ended 31 March 2015


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 30,814
DEPRECIATION
At 1 April 2014 17,515
Charge for year 2,660
At 31 March 2015 20,175
NET BOOK VALUE
At 31 March 2015 10,639
At 31 March 2014 13,299

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100
130,000 E shares £1 130,000 1,300
130,100 1,400

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date there was a credit balance of £689 (2014: credit balance of £60,904) owing to the directors, Mr N Manji and Mrs N K Manji. This directors loan is interest free, unsecured and repayable on demand.

Page 4