Jade Country Care Homes Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03540883 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

JADE COUNTRY CARE HOMES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S Kularatnam

Mr D Wijayaratnam

Mr T Selvaratnam

SECRETARY:

Mr S Kularatnam

REGISTERED OFFICE:

10 Darenth Park Avenue

Darenth Village Park

Dartford

Kent

DA2 6JN

REGISTERED NUMBER:

03540883 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

2

1,000,907

1,003,811

CURRENT ASSETS

Stocks

60

Debtors

30,003

44,658

Cash at bank

171,561

128,886

201,624

173,604

CREDITORS

Amounts falling due within one year

77,077

66,402

NET CURRENT ASSETS

124,547

107,202

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,125,454

1,111,013

CREDITORS

Amounts falling due after more than one
year

829,968

904,468

NET ASSETS

295,486

206,545

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

294,486

205,545

SHAREHOLDERS' FUNDS

295,486

206,545

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 6 May 2016 and were signed on its behalf by:

Mr S Kularatnam - Director

Mr T Selvaratnam - Director

Mr D Wijayaratnam - Director

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Freehold property

-

Nil rate

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

1,086,247

Additions

8,315

At 31 March 2016

1,094,562

DEPRECIATION

At 1 April 2015

82,436

Charge for year

11,219

At 31 March 2016

93,655

NET BOOK VALUE

At 31 March 2016

1,000,907

At 31 March 2015

1,003,811

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1,000

Ordinary

£1

1,000