CONFERENCE_CARE_LIMITED - Accounts

CONFERENCE CARE LIMITED - Company Information

Print Friendly Version

Company Registration No. 04343426 (England and Wales)

CONFERENCE CARE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

CONFERENCE CARE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

CONFERENCE CARE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

95,270

108,068

Current assets

Debtors

1,321,919

1,514,423

Cash at bank and in hand

1,210,230

833,370

2,532,149

2,347,793

Creditors: amounts falling due within one year

(1,901,997)

(1,733,671)

Net current assets

630,152

614,122

Total assets less current liabilities

725,422

722,190

Provisions for liabilities

(15,797)

(22,342)

709,625

699,848

Capital and reserves

Called up share capital

1,232

1,200

Share premium account

2,176

Profit and loss account

706,217

698,648

Shareholders' funds

709,625

699,848

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 September 2016

Mr C. J. Peacock

Mr A. P. Deakin

Director

Company Registration No. 04343426

CONFERENCE CARE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

Transactions in respect of billback agency work have been presented on a net basis and removed from both turnover and cost of sales. As agent, the company makes a payment to venues on behalf of customers and then requests payment from customers for settlement of costs expended.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% on cost

Motor vehicles

25% reducing balance

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.7

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

CONFERENCE CARE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2015

187,536

Additions

22,294

At 31 March 2016

209,830

Depreciation

At 1 April 2015

79,467

Charge for the year

35,093

At 31 March 2016

114,560

Net book value

At 31 March 2016

95,270

At 31 March 2015

108,068

Share capital

2016

2015

Allotted, called up and fully paid

32 Ordinary of £1 each

1,000

200 A Ordinary of £1 each

200

1,000 B Ordinary of £1 each

1,000

1,232

1,200

During the year 32 ordinary shares of £1 each were issued for a total consideration of £2,208.

On 4 March 2016 1,000 ordinary shares were re-designated as B ordinary shares.