Alanmart Day Care Ltd. - Abbreviated accounts 16.1

REGISTERED NUMBER: SC253015 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Alanmart Day Care Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Marion H Fivey

SECRETARY:

Stephanie C. Fivey

REGISTERED OFFICE:

6B Muirhead Road

Stenhousemuir

Stirlingshire

FK5 4HZ

REGISTERED NUMBER:

SC253015 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

365,744

369,322

365,744

369,322

CURRENT ASSETS

Debtors

37,633

55,792

Cash at bank

106

6,002

37,739

61,794

CREDITORS

Amounts falling due within one year

4

144,214

132,835

NET CURRENT LIABILITIES

(106,475

)

(71,041

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

259,269

298,281

CREDITORS

Amounts falling due after more than one
year

4

(77,807

)

(104,722

)

PROVISIONS FOR LIABILITIES

(6,782

)

(9,862

)

NET ASSETS

174,680

183,697

CAPITAL AND RESERVES

Called up share capital

5

100

Revaluation reserve

33,003

Profit and loss account

141,577

150,594

SHAREHOLDERS' FUNDS

174,680

183,697

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 director acknowledges her 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 22 July 2016 and were signed by:

Marion H Fivey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Heritable property

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

15,000

AMORTISATION

At 1 April 2015

and 31 March 2016

15,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2015

487,224

Additions

62,199

Disposals

(61,230

)

At 31 March 2016

488,193

DEPRECIATION

At 1 April 2015

117,902

Charge for year

34,143

Eliminated on disposal

(29,596

)

At 31 March 2016

122,449

NET BOOK VALUE

At 31 March 2016

365,744

At 31 March 2015

369,322

4.

CREDITORS

Creditors include an amount of £ 38,763 (2015 - £ 65,399 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

80

Ordinary "A"

£1

80

20

Ordinary "B"

£1

20

100