Boscombe Care Homes Limited - Limited company - abbreviated

REGISTERED NUMBER: 04737755 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

FOR

BOSCOMBE CARE HOMES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs H Rashid

M J Rashid

Mrs S Rashid

SECRETARY:

Mrs H Rashid

REGISTERED OFFICE:

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

REGISTERED NUMBER:

04737755 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

FIXED ASSETS

Intangible assets

2

255,000

275,000

Tangible assets

3

93,374

17,471

348,374

292,471

CURRENT ASSETS

Stocks

1,000

Debtors

4

391,044

351,606

Cash at bank and in hand

216,056

240,804

608,100

593,410

CREDITORS

Amounts falling due within one year

5

163,826

124,855

NET CURRENT ASSETS

444,274

468,555

TOTAL ASSETS LESS CURRENT
LIABILITIES

792,648

761,026

CREDITORS

Amounts falling due after more than one
year

5

(57,470

)

-

PROVISIONS FOR LIABILITIES

(2,200

)

(2,550

)

NET ASSETS

732,978

758,476

CAPITAL AND RESERVES

Called up share capital

6

100

Profit and loss account

732,878

758,376

SHAREHOLDERS' FUNDS

732,978

758,476

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 30 March 2016 and were signed on its
behalf by:

M J Rashid - 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 the value of services provided to the extent that there is a right to consideration

and is recorded at the value of the consideration due.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

400,000

AMORTISATION

At 1 September 2014

125,000

Amortisation for year

20,000

At 31 August 2015

145,000

NET BOOK VALUE

At 31 August 2015

255,000

At 31 August 2014

275,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

36,012

Additions

103,770

At 31 August 2015

139,782

DEPRECIATION

At 1 September 2014

18,541

Charge for year

27,867

At 31 August 2015

46,408

NET BOOK VALUE

At 31 August 2015

93,374

At 31 August 2014

17,471

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 310,301 (2014 - £ 302,361 )

5.

CREDITORS

Creditors include an amount of £ 70,247 for which security has been given.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

Boscombe Care Homes Limited - Limited company - abbreviated - 11.9

Boscombe Care Homes Limited - Limited company - abbreviated - 11.9