Sunrise Care Ltd Accounts

SUNRISE CARE LIMITED - Company Information






Sunrise Care Ltd
	Company No. 04613673
		Abbreviated Accounts
		31 December 2015

at	31 December 2015

Company No.		04613673	Notes	2015	2014
				£	£
Fixed assets
	Intangible assets		2	3,500	4,000
	Tangible assets		2	957,644	958,261

				961,144	962,261
Current assets

	Debtors			67,741	99,923

	Cash at bank and in hand			10,952	28,765
				78,693	128,688
Creditors: Amounts falling due within one year			3	(167,552)	(165,235)
Net current liabilities				(88,859)	(36,547)
Total assets less current liabilities				872,285	925,714
Creditors: Amounts falling due after more than one year				(479,732)	(491,099)
Provisions for liabilities
	Deferred taxation			(1,967)	(198)

Net assets				390,586	434,417

Capital and reserves
	Called up share capital		4	7	7



	Profit and loss account			390,579	434,410

Shareholder's funds				390,586	434,417

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 05 May 2016

And signed on its behalf by:

L.G. Simmonds
Director
05 May 2016

for the year ended 31 December 2015

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

Freehold buildings

0% Straight line

Leasehold land and buildings

5% Straight line

Plant and machinery

25% Straight line

Motor vehicles

25% Straight Line

Furniture, fittings and equipment

25% Straight line

The company depreciates land and buildings as necessary, and having due regard for the annual expenditure required upon maintenance and repairs to maintain a high residual value of the freehold property close to it's historic cost so as to render any depreciation immaterial.

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks and research and development costs) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an assets may not be fully recoverable.

Deferred taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.
Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based upon current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. Deferred tax assets and liabilities are not discounted.

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a 'finance lease'. Assets held under finance leases, or hire purchase contracts, are recorded in the balance sheet as tangible fixed assets and depreciated over their estimated useful lives or the term of the finance lease or hire purchase contract, whichever is shorter. Future instalments under such finance leases or hire purchase contracts, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account, and the capital element which reduces the outstanding obligation for future instalments.

All other leases are accounted for as 'operating leases' and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease.

2	Fixed assets
		Intangible fixed assets	Tangible fixed assets	Total
		£	£	£
	Cost or revaluation
	At 1 January 2015	10,000	1,168,368	1,178,368
	Additions	-	26,451	26,451


	Disposals	-	(6,925)	(6,925)
	At 31 December 2015	10,000	1,187,894	1,197,894
	Amortisation
	At 1 January 2015	6,000	210,106	216,106
	Charge for the year	500	27,069	27,569


	Disposals	-	(6,925)	(6,925)
	At 31 December 2015	6,500	230,250	236,750
	Net book values
	At 31 December 2015	3,500	957,644	961,144
	At 31 December 2014	4,000	958,262	962,262

3	Creditors
		2015	2014
		£	£
	Liabilities repayable in more than five years after the balance sheet date
	Amount repayable by instalments	218,400	235,400

		218,400	235,400

4	Share Capital
		Nominal value	2015	2015	2014
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary A	1.00	4	4	4
	Ordinary B	1.00	1	1	1
	Ordinary C	1.00	1	1	1
	Ordinary D	1.00	1	1	1

				7	7