Exmouth Care Ltd. - Abbreviated accounts 16.1

REGISTERED NUMBER: 03233986 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

FOR

EXMOUTH CARE LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R H Gunn

J F Towers

REGISTERED OFFICE:

Amberwood Nursing Home

231 Exeter Road

Exmouth

Devon

EX8 3ED

REGISTERED NUMBER:

03233986 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

Chartered Accountants

Malvern View Business Park

Stella Way

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 7DQ

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

1,979,133

1,992,603

1,979,133

1,992,603

CURRENT ASSETS

Debtors

56,733

57,377

Cash at bank and in hand

1,623

25,107

58,356

82,484

CREDITORS

Amounts falling due within one year

292,899

305,977

NET CURRENT LIABILITIES

(234,543

)

(223,493

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,744,590

1,769,110

CREDITORS

Amounts falling due after more than one
year

4

(942,469

)

(1,040,006

)

PROVISIONS FOR LIABILITIES

(11,545

)

(11,545

)

NET ASSETS

790,576

717,559

CAPITAL AND RESERVES

Called up share capital

5

4

Revaluation reserve

500,000

Capital redemption reserve

2

Profit and loss account

290,570

217,553

SHAREHOLDERS' FUNDS

790,576

717,559

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 5 May 2016 and were signed on its behalf by:

R H Gunn - Director

J F Towers - 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 invoiced fees.

Goodwill

Goodwill has been fully amortised.

Tangible fixed assets

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

Fixtures and fittings

-

15% 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.

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.

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 September 2014

and 31 August 2015

120,000

AMORTISATION

At 1 September 2014

and 31 August 2015

120,000

NET BOOK VALUE

At 31 August 2015

-

At 31 August 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

2,241,430

Additions

5,612

At 31 August 2015

2,247,042

DEPRECIATION

At 1 September 2014

248,827

Charge for year

19,082

At 31 August 2015

267,909

NET BOOK VALUE

At 31 August 2015

1,979,133

At 31 August 2014

1,992,603

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

Repayable by instalments

548,053

645,590

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

4

Ordinary

1

4