Abbreviated Company Accounts - OAKS CARE LIMITED

Registered Number 05096797

OAKS CARE LIMITED

Abbreviated Accounts

30 June 2015

OAKS CARE LIMITED Registered Number 05096797

Abbreviated Balance Sheet as at 30 June 2015

	Notes	30/06/2015	31/03/2014
		£	£
Fixed assets
Tangible assets	2	207,945	208,259
		207,945	208,259
Current assets
Debtors		93,489	27,252
Cash at bank and in hand		89,518	47,104
		183,007	74,356
Prepayments and accrued income		2,010	2,055
Net current assets (liabilities)		185,017	76,411
Total assets less current liabilities		392,962	284,670
Creditors: amounts falling due after more than one year		(390,980)	(455,712)
Total net assets (liabilities)		1,982	(171,042)
Capital and reserves
Called up share capital		4	4
Profit and loss account		1,978	(171,046)
Shareholders' funds		1,982	(171,042)

For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 March 2016

And signed on their behalf by:
S Ghattarody, Director
B Chana, Director

OAKS CARE LIMITED Registered Number 05096797

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover comprises revenue recognised by the company in respect of goods and services
supplied, inclusive of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives on the following basis:
Leasehold costs no depreciation
Fixtures & fittings 15% reducing balance
Office equipment 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	212,040
Additions	375
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	212,415
Depreciation
At 1 April 2014	3,781
Charge for the year	689
On disposals	-
At 30 June 2015	4,470
Net book values
At 30 June 2015	207,945
At 31 March 2014	208,259