Reablement and Home Care Services Limited - Period Ending 2014-03-31

Registration number: 07584328

Reablement and Home Care Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

Lambert Chapman LLP
Chartered Accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

Reablement and Home Care Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Registration number: 07584328

Reablement and Home Care Services Limited
Balance Sheet as at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets		2			4,780			4,677
Current assets
Debtors					190,659			98,459
Cash at bank and in hand					114,120			26,536
					304,779			124,995
Creditors: Amounts falling due within one year					(66,331)			(41,826)
Net current assets					238,448			83,169
Total assets less current liabilities					243,228			87,846
Provisions for liabilities					(1,020)			-
Net assets					242,208			87,846
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					242,108			87,746
Shareholders' funds					242,208			87,846

For the year ending 31 March 2014 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 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the Board on 7 October 2014 and signed on its behalf by:

S R Bailey
Company secretary

P F Austin
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Reablement and Home Care Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... 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).

Turnover

Turnover represents amounts chargeable in respect of the sale of services to customers. Payments made in advance are recognised in the month in which the service is carried out.

Depreciation

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

Asset class	Depreciation method and rate
Office equipment	33% straight line method

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.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		6,552			6,552
Additions		2,438			2,438
At 31 March 2014		8,990			8,990
Depreciation
At 1 April 2013		1,875			1,875
Charge for the year		2,335			2,335
At 31 March 2014		4,210			4,210
Net book value
At 31 March 2014		4,780			4,780
At 31 March 2013		4,677			4,677

Page 2

Reablement and Home Care Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

4	Related party transactions

Directors' advances and credits

	2014 Advance/ Credit £	2014 Repaid £	2013 Advance/ Credit £	2013 Repaid £
S R Bailey
Interest has been charged at 4% of the overdrawn balance	80,891	24,638	45,000	31,181
P F Austin
Interest has been charged at 4% of the overdrawn balance	74,426	24,638	45,000	31,181

5

Control

The company is controlled by S R Bailey and P F Austin.

Page 3