Omni Healthcare Limited - Limited company accounts 11.9

REGISTERED NUMBER: 07945623 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 June 2015

for

Omni Healthcare Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

W N Cogley

Omni Consult Limited

REGISTERED OFFICE:

7.03 The Deco Building

Paintworks

Bath Road

Bristol

BS4 3EA

REGISTERED NUMBER:

07945623 (England and Wales)

ACCOUNTANTS:

Create Accountancy Solutions Limited

The West Wing

I Glass Wharf

Bristol

BS2 0EL

The directors present their report with the financial statements of the company for the year ended 30 June 2015.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2014 to the date of this report.

W N Cogley

Omni Consult Limited

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

W Cogley - Director

9 March 2016

TURNOVER

871,430

486,438

Cost of sales

217,430

359,594

GROSS PROFIT

654,000

126,844

Distribution costs

50,161

86,031

Administrative expenses

744,841

576,683

795,002

662,714

(141,002

)

(535,870

)

Other operating income

-

1,105

OPERATING LOSS

2

(141,002

)

(534,765

)

Interest receivable and similar income

-

11

(141,002

)

(534,754

)

Interest payable and similar charges

538

-

LOSS ON ORDINARY ACTIVITIES BEFORE
TAXATION

(141,540

)

(534,754

)

Tax on loss on ordinary activities

3

-

LOSS FOR THE FINANCIAL YEAR

(141,540

)

(534,754

)

FIXED ASSETS

Tangible assets

4

15,685

21,024

CURRENT ASSETS

Debtors

5

224,967

152,824

Cash at bank and in hand

13

8,321

224,980

161,145

CREDITORS

Amounts falling due within one year

6

916,859

716,823

NET CURRENT LIABILITIES

(691,879

)

(555,678

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(676,194

)

(534,654

)

CAPITAL AND RESERVES

Called up share capital

7

100

Profit and loss account

8

(676,294

)

(534,754

)

SHAREHOLDERS' FUNDS

(676,194

)

(534,654

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 9 March 2016 and were signed on its behalf by:

W Cogley - Director

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

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

Plant and Machinery 33% Straight line

Office Equipment and Motor vehicle 25% reducing balance

Furniture and fittings 20% 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.

2.	OPERATING LOSS

The operating loss is stated after charging:

30.6.15

30.6.14

£

Depreciation - owned assets

5,350

6,967

Loss on disposal of fixed assets

3,100

1,657

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 30 June 2015 nor for the year

ended 30 June 2014.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2014

27,991

Additions

3,111

Disposals

(4,167

)

At 30 June 2015

26,935

DEPRECIATION

At 1 July 2014

6,967

Charge for year

5,350

Eliminated on disposal

(1,067

)

At 30 June 2015

11,250

NET BOOK VALUE

At 30 June 2015

15,685

At 30 June 2014

21,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.15

30.6.14

£

Trade debtors

190,080

114,397

Other debtors

34,887

38,427

224,967

152,824

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.15

30.6.14

£

Bank loans and overdrafts

530

-

Trade creditors

185,511

121,072

Amounts owed to group undertakings

5,221

550,555

Taxation and social security

52,361

18,227

Other creditors

673,236

26,969

916,859

716,823

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

NIL

Share capital 1

a

100

8.

RESERVES

Profit

and loss

account

£

At 1 July 2014

(534,754

)

Deficit for the year

(141,540

)

At 30 June 2015

(676,294

)

9.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company was under the control of Omni Consult Limited by virtue of its

100% shareholding.

At the period end, the company owed Omni Consult Limited £465,334 (2014: £550,555).