Acorns Care Centre Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06985153 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Acorns Care Centre Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K Hall

REGISTERED OFFICE:

8 St John Street

Manchester

M3 4DU

REGISTERED NUMBER:

06985153 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

8 St John Street

Manchester

M3 4DU

FIXED ASSETS

Intangible assets

2

-

86,250

Tangible assets

3

3,963

5,284

3,963

91,534

CURRENT ASSETS

Debtors

160,000

Cash at bank

750,448

489,551

910,448

649,551

CREDITORS

Amounts falling due within one year

689,104

170,418

NET CURRENT ASSETS

221,344

479,133

TOTAL ASSETS LESS CURRENT
LIABILITIES

225,307

570,667

CREDITORS

Amounts falling due after more than one
year

-

(400,000

)

PROVISIONS FOR LIABILITIES

(168

)

(295

)

NET ASSETS

225,139

170,372

CAPITAL AND RESERVES

Called up share capital

4

90

Profit and loss account

225,049

170,282

SHAREHOLDERS' FUNDS

225,139

170,372

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 April 2016 and were signed by:

K Hall - 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 and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its 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.

Plant and machinery etc

-

33% on cost and 25% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

1,035,000

AMORTISATION

At 1 May 2014

948,750

Amortisation for year

86,250

At 30 April 2015

1,035,000

NET BOOK VALUE

At 30 April 2015

-

At 30 April 2014

86,250

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

17,882

DEPRECIATION

At 1 May 2014

12,598

Charge for year

1,321

At 30 April 2015

13,919

NET BOOK VALUE

At 30 April 2015

3,963

At 30 April 2014

5,284

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

90

Ordinary

£1

90