Abbreviated Company Accounts - AVELAND COURT CARE LIMITED

Abbreviated Company Accounts - AVELAND COURT CARE LIMITED

AVELAND COURT CARE LIMITED - Company Information

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Registered Number 06553417

AVELAND COURT CARE LIMITED

Abbreviated Accounts

31 March 2016

AVELAND COURT CARE LIMITED Registered Number 06553417

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 208,001 225,334
Tangible assets 3 788,580 796,156
996,581 1,021,490
Current assets
Stocks 2,000 1,993
Debtors 21,487 25,927
Cash at bank and in hand 47,643 33,497
71,130 61,417
Creditors: amounts falling due within one year (441,605) (427,704)
Net current assets (liabilities) (370,475) (366,287)
Total assets less current liabilities 626,106 655,203
Creditors: amounts falling due after more than one year (444,881) (477,305)
Total net assets (liabilities) 181,225 177,898
Capital and reserves
Called up share capital 4 100 100
Revaluation reserve 49,218 49,218
Profit and loss account 131,907 128,580
Shareholders' funds 181,225 177,898
  • 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 13 December 2016

And signed on their behalf by:
Mr C H Mistry, Director

AVELAND COURT CARE LIMITED Registered Number 06553417

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

1Accounting Policies

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

The Directors consider that there are no going concern issues as the company is supported via inter-company loans and the directors have approved continued support for the foreseeable future.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

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

Land and buildings Freehold has nil depreciation.
Fixtures, fittings & equipment are depreciated on a 25% reducing balance basis.
Motor vehicles are depreciated over 2 years on a straight line basis.

Other accounting policies
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets
£
Cost
At 1 April 2015 390,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 390,000
Amortisation
At 1 April 2015 164,666
Charge for the year 17,333
On disposals -
At 31 March 2016 181,999
Net book values
At 31 March 2016 208,001
At 31 March 2015 225,334
3Tangible fixed assets
£
Cost
At 1 April 2015 838,758
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 838,758
Depreciation
At 1 April 2015 42,602
Charge for the year 7,576
On disposals -
At 31 March 2016 50,178
Net book values
At 31 March 2016 788,580
At 31 March 2015 796,156
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100