Abbreviated Company Accounts - CLOGHER VALLEY CARE LIMITED

CLOGHER VALLEY CARE LIMITED - Company Information

Registered Number NI067105

CLOGHER VALLEY CARE LIMITED

Abbreviated Accounts

31 March 2016

CLOGHER VALLEY CARE LIMITED Registered Number NI067105

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	235,800	255,450
Tangible assets	3	97,870	6,752
		333,670	262,202
Current assets
Debtors		109,754	144,619
Cash at bank and in hand		16,762	36,729
		126,516	181,348
Creditors: amounts falling due within one year		(120,759)	(99,346)
Net current assets (liabilities)		5,757	82,002
Total assets less current liabilities		339,427	344,204
Creditors: amounts falling due after more than one year		(55,755)	-
Total net assets (liabilities)		283,672	344,204
Capital and reserves
Called up share capital		2	2
Profit and loss account		283,670	344,202
Shareholders' funds		283,672	344,204

For the year ending 31 March 2016 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.

Approved by the Board on 27 September 2016

And signed on their behalf by:
Ms. Jennifer Evelyn Frizelle, Director
Mrs. Miriam McCormack, Director

CLOGHER VALLEY CARE LIMITED Registered Number NI067105

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises the invoice value of goods and services supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets depreciation policy
Land and buildings freehold - 5% Straight line
Fixtures, fittings and equipment - 20% Straight line

Intangible assets amortisation policy
Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 20 years, which is estimated to be the period during which benefits are expected to arise.

2Intangible fixed assets

	£
Cost
At 1 April 2015	393,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	393,000
Amortisation
At 1 April 2015	137,550
Charge for the year	19,650
On disposals	-
At 31 March 2016	157,200
Net book values
At 31 March 2016	235,800
At 31 March 2015	255,450

3Tangible fixed assets

	£
Cost
At 1 April 2015	22,287
Additions	100,719
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	123,006
Depreciation
At 1 April 2015	15,535
Charge for the year	9,601
On disposals	-
At 31 March 2016	25,136
Net book values
At 31 March 2016	97,870
At 31 March 2015	6,752