Salix Care Limited - Limited company - abbreviated - 11.9

Salix Care Limited - Limited company - abbreviated - 11.9

SALIX CARE LIMITED - Company Information

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REGISTERED NUMBER: 06174126 (England and Wales)















SALIX CARE LIMITED

ABBREVIATED ACCOUNTS FOR THE PERIOD 21 JANUARY 2014 TO 31 MARCH 2015













SALIX CARE LIMITED (REGISTERED NUMBER: 06174126)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 21 JANUARY 2014 TO 31 MARCH 2015




Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 3

Report of the Accountants 5

SALIX CARE LIMITED (REGISTERED NUMBER: 06174126)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 15,000 20,000
Tangible assets 3 567,452 570,238
582,452 590,238

CURRENT ASSETS
Stocks 4,264 -
Debtors 704,659 876,419
Cash at bank and in hand 58,055 151,562
766,978 1,027,981
CREDITORS
Amounts falling due within one year 447,470 769,511
NET CURRENT ASSETS 319,508 258,470
TOTAL ASSETS LESS CURRENT
LIABILITIES
901,960
848,708

PROVISIONS FOR LIABILITIES 2,075 386
NET ASSETS 899,885 848,322

CAPITAL AND RESERVES
Called up share capital 4 200 200
Profit and loss account 899,685 848,122
SHAREHOLDERS' FUNDS 899,885 848,322

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

The members have not required the company to obtain an audit of its financial statements for the period 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 notes form part of these abbreviated accounts

Page 1 continued...
SALIX CARE LIMITED (REGISTERED NUMBER: 06174126)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2015


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 30 January 2016 and were signed on its behalf
by:





Mrs J A Roberts - Director


The notes form part of these abbreviated accounts

Page 2
SALIX CARE LIMITED (REGISTERED NUMBER: 06174126)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 21 JANUARY 2014 TO 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 the revenue generated from the sale of services. Revenue is measured at the fair value of
the consideration received and receivable excluding value added tax.

Revenue from services is recognised when services have been provided and the contractual right to the
consideration has been earned.

Goodwill
Goodwill in connection with the acquisition of a business was purchased on 20 January 2014, it will be
amortised evenly over it's estimated useful life of five years.

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

Freehold property - 2% on cost
Improvements to property - 10% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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

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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 21 January 2014
and 31 March 2015 20,000
AMORTISATION
Amortisation for period 5,000
At 31 March 2015 5,000
NET BOOK VALUE

At 31 March 2015 15,000
At 20 January 2014 20,000

Page 3 continued...
SALIX CARE LIMITED (REGISTERED NUMBER: 06174126)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 21 JANUARY 2014 TO 31 MARCH 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 21 January 2014 583,203
Additions 19,784
At 31 March 2015 602,987
DEPRECIATION
At 21 January 2014 12,965
Charge for period 22,570
At 31 March 2015 35,535
NET BOOK VALUE
At 31 March 2015 567,452
At 20 January 2014 570,238

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
200 Ordinary £1 200 200

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Other than movements on the directors loan accounts there were no other transactions with the directors in the
period.

Page 4
SALIX CARE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
SALIX CARE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages one to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Salix Care Limited for the year ended 31 March 2015 which comprise the Profit and Loss
Account, the Balance Sheet, and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and
other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of Salix Care Limited in accordance with the terms of our engagement
letter. Our work has been undertaken solely to prepare for your approval of the financial statements of Salix Care
Limited and state those matters that we have agreed to state to the director of Salix Care Limited in this report in
accordance with the requirements of the Chartered Institute of Management Accountants as detailed at
http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Salix Care Limited has kept adequate accounting records and to prepare statutory
financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Salix Care
Limited. You consider that Salix Care Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Salix Care Limited. For
this reason, we have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Pinstripe
Atelier B1
The Old Brewery
Lodway
Pill
Bristol
BS20 0DH


Date: .............................................

This page does not form part of the abbreviated accounts

Page 5