Care Concern (GB) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06362618 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

CARE CONCERN (GB) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B S Johal

M S Johal

Mrs J M Fraser

SECRETARY:

M S Johal

REGISTERED OFFICE:

204 Field End Road

Eastcote

Pinner

Middlesex

HA5 1RD

REGISTERED NUMBER:

06362618 (England and Wales)

ACCOUNTANTS:

Jon Avol & Associates

204 Field End Road

Eastcote

Pinner

Middlesex

HA5 1RD

FIXED ASSETS

Intangible assets

2

-

70,000

Tangible assets

3

3,952,470

4,024,373

3,952,470

4,094,373

CURRENT ASSETS

Debtors

655,262

531,847

Cash at bank and in hand

218,861

145,345

874,123

677,192

CREDITORS

Amounts falling due within one year

746,234

638,184

NET CURRENT ASSETS

127,889

39,008

TOTAL ASSETS LESS CURRENT LIABILITIES

4,080,359

4,133,381

CREDITORS

Amounts falling due after more than one year

4

(2,745,541

)

(2,854,748

)

PROVISIONS FOR LIABILITIES

(230,000

)

(230,000

)

NET ASSETS

1,104,818

1,048,633

CAPITAL AND RESERVES

Called up share capital

5

1,200

1,200

Revaluation reserve

1,148,556

1,148,556

Profit and loss account

(44,938

)

(101,123

)

SHAREHOLDERS' FUNDS

1,104,818

1,048,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 26 September 2014 and were signed on its behalf by:

M S Johal - 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 April

2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

800,000

AMORTISATION

At 1 January 2013

730,000

Amortisation for year

70,000

At 31 December 2013

800,000

NET BOOK VALUE

At 31 December 2013

-

At 31 December 2012

70,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 January 2013

4,175,247

Additions

14,744

At 31 December 2013

4,189,991

DEPRECIATION

At 1 January 2013

150,874

Charge for year

86,647

At 31 December 2013

237,521

NET BOOK VALUE

At 31 December 2013

3,952,470

At 31 December 2012

4,024,373

4.

CREDITORS

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

2013

2012

£

£

Repayable by instalments

2,301,129

2,464,624

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1,200

Ordinary shares

£1

1,200

1,200