Sunrise Care Angels Limited - Period Ending 2016-03-31

Registration number: 08766543

Sunrise Care Angels Limited

Unaudited Abbreviated Accounts

for the Period from 1 December 2014 to 31 March 2016

 

K & N ACCOUNTING LTD
60 Windsor Avenue
London
South West London
SW19 2RR

Sunrise Care Angels Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 6

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6) have been prepared.

Financial Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Sunrise Care Angels Limited
for the Period Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sunrise Care Angels Limited for the period ended 31 March 2016 set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Financial Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.Ifa.org.uk/

This report is made solely to the Board of Directors of Sunrise Care Angels Limited, as a body, in accordance with the terms of our engagement . Our work has been undertaken solely to prepare for your approval the accounts of Sunrise Care Angels Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with our terms of engagement.
 
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sunrise Care Angels Limited and its Board of Directors as a body for our work or for this report.

We have not been instructed to carry out an audit or a review of the accounts of Sunrise Care Angels Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

It is your duty to ensure that Sunrise Care Angels Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sunrise Care Angels Limited. You consider that Sunrise Care Angels Limited is exempt from the statutory audit requirement for the period.

......................................

K & N ACCOUNTING LTD
60 Windsor Avenue
London
South West London
SW19 2RR

22 June 2016

Page 1

Sunrise Care Angels Limited
(Registration number: 08766543)
Abbreviated Balance Sheet at 31 March 2016

		Note			31 March 2016 £			30 November 2014 £
Fixed assets
Tangible fixed assets					1,397			620
Current assets
Debtors		3			3,725			7,249
Cash at bank and in hand					312			4
					4,037			7,253
Creditors: Amounts falling due within one year					(4,667)			(7,551)
Net current liabilities					(630)			(298)
Total assets less current liabilities					767			322
Provisions for liabilities					(211)			-
Net assets					556			322
Capital and reserves
Called up share capital		4			1			1
Profit and loss account					555			321
Shareholders' funds					556			322

For the year ending 31 March 2016 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.

For the period ending 31 March 2016 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.

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 22 June 2016 and signed on its behalf by:

The notes on pages 4 to 6 form an integral part of these financial statements.
Page 2

Sunrise Care Angels Limited
(Registration number: 08766543)
Abbreviated Balance Sheet at 31 March 2016
......... continued

.........................................
Ms Lydia Magonde
Director

The notes on pages 4 to 6 form an integral part of these financial statements.
Page 3

Sunrise Care Angels Limited
Notes to the Abbreviated Accounts for the Period from 1 December 2014 to 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	33% Straightline

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 4

Sunrise Care Angels Limited
Notes to the Abbreviated Accounts for the Period from 1 December 2014 to 31 March 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2014		826			826
Additions		1,579			1,579
At 31 March 2016		2,405			2,405
Depreciation
At 1 December 2014		206			206
Charge for the period		802			802
At 31 March 2016		1,008			1,008
Net book value
At 31 March 2016		1,397			1,397
At 30 November 2014		620			620

3

Debtors

Debtors includes £nil (2014 - £nil) receivable after more than one year.

 

4	Share capital

Allotted, called up and fully paid shares

	31 March 2016						30 November 2014
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

Page 5

Sunrise Care Angels Limited
Notes to the Abbreviated Accounts for the Period from 1 December 2014 to 31 March 2016
......... continued

5	Related party transactions

Director's advances and credits

	1 December 2014 to 31 March 2016 Advance/ Credit £	1 December 2014 to 31 March 2016 Repaid £	7 November 2013 to 30 November 2014 Advance/ Credit £	7 November 2013 to 30 November 2014 Repaid £
Ms Lydia Magonde
Advance	3,723	-	-	-

Page 6