The Avenue Care Home Limited - Abbreviated accounts 16.1

The Avenue Care Home Limited - Abbreviated accounts 16.1

THE AVENUE CARE HOME LIMITED - Company Information

Print Friendly Version

07014216 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 E shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure070142162015-03-31070142162016-03-31070142162015-04-012016-03-31070142162014-03-31070142162014-04-012015-03-31070142162015-03-3107014216ns12:England2015-04-012016-03-3107014216ns14:PoundSterling2015-04-012016-03-3107014216ns7:Director12015-04-012016-03-3107014216ns7:OrdinaryShareClass12015-04-012016-03-3107014216ns7:OrdinaryShareClass22015-04-012016-03-3107014216ns7:Director22015-04-012016-03-3107014216ns7:RegisteredOffice2015-04-012016-03-3107014216ns7:EntityAccountantsOrAuditors2015-04-012016-03-3107014216ns5:PatentsConcessionsLicencesTradeMarksSimilar2015-04-012016-03-3107014216ns5:PlantMachinery2015-04-012016-03-3107014216ns7:OrdinaryShareClass12016-03-3107014216ns7:OrdinaryShareClass12015-03-3107014216ns7:OrdinaryShareClass22016-03-3107014216ns7:OrdinaryShareClass22015-03-31
REGISTERED NUMBER: 07014216 (England and Wales)
























THE AVENUE CARE HOME LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016






THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 31 March 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

THE AVENUE CARE HOME LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2016







DIRECTORS: N Manji
Mrs N K Manji





REGISTERED OFFICE: 22 William Street
Burton Latimer
Kettering
Northamptonshire
NN15 5LN





REGISTERED NUMBER: 07014216 (England and Wales)





ACCOUNTANTS: Haines Watts Northamptonshire Limited
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP
Page 1
THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

ABBREVIATED BALANCE SHEET
31 March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 29,333 37,333
Tangible assets 3 12,777 10,639
42,110 47,972

CURRENT ASSETS
Debtors 95,475 -
Cash at bank 97,668 75,310
193,143 75,310
CREDITORS
Amounts falling due within one year 103,481 31,059
NET CURRENT ASSETS 89,662 44,251
TOTAL ASSETS LESS CURRENT
LIABILITIES
131,772
92,223

CAPITAL AND RESERVES
Called up share capital 4 130,100 130,100
Profit and loss account 1,672 (37,877 )
SHAREHOLDERS' FUNDS 131,772 92,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 14 July 2016 and were signed on its behalf by:





N Manji - Director


The notes form part of these abbreviated accounts

Page 2
THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 31 March 2016


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 January 2015).

Turnover
Turnover represents residential care home fees receivable.

Property rights
Property rights which were established in 2009 are being amortised evenly over its estimated useful life of ten
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 - 20% 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.

Trust
The Company has created a trust whose beneficiaries will include employees of the Company and their
dependents. Assets held under this trust will be controlled by trustees who will be acting independently and
entirely at their own discretion.

Where assets are held in the trust and these are considered by the Company to be in respect of services
already provided by employees to the Company, the Company will account for these as assets of the trust
when payment is made to the trust. The value transferred will be charged in the Company’s profit and loss
account for the year to which it relates.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 80,000
AMORTISATION
At 1 April 2015 42,667
Amortisation for year 8,000
At 31 March 2016 50,667
NET BOOK VALUE

At 31 March 2016 29,333
At 31 March 2015 37,333

Page 3 continued...
THE AVENUE CARE HOME LIMITED (REGISTERED NUMBER: 07014216)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
For The Year Ended 31 March 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 30,814
Additions 5,333
At 31 March 2016 36,147
DEPRECIATION
At 1 April 2015 20,175
Charge for year 3,195
At 31 March 2016 23,370
NET BOOK VALUE
At 31 March 2016 12,777
At 31 March 2015 10,639

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100
130,000 E shares £1 130,000 130,000
130,100 130,100

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date there was a debit balance of £30,023 (2015: credit balance of £689) owing to the
directors, Mr N Manji and Mrs N K Manji. This directors loan is interest free, unsecured and repayable on
demand.

Page 4