Abbreviated Company Accounts - BEST CARE PRODUCTS LTD.

Abbreviated Company Accounts - BEST CARE PRODUCTS LTD.

BEST CARE PRODUCTS LTD. - Company Information

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Registered Number 03407100

BEST CARE PRODUCTS LTD.

Abbreviated Accounts

31 March 2016

BEST CARE PRODUCTS LTD. Registered Number 03407100

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 592 919
Investments 3 50,000 50,000
50,592 50,919
Current assets
Debtors 7,248 20,244
Cash at bank and in hand 446 1,077
7,694 21,321
Creditors: amounts falling due within one year (51,455) (70,593)
Net current assets (liabilities) (43,761) (49,272)
Total assets less current liabilities 6,831 1,647
Creditors: amounts falling due after more than one year (1,641) 0
Total net assets (liabilities) 5,190 1,647
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 5,188 1,645
Shareholders' funds 5,190 1,647
  • 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 28 December 2016

And signed on their behalf by:
Mr J J Stephens, Director

BEST CARE PRODUCTS LTD. Registered Number 03407100

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 April 2008.

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

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated to write off the cost less estimated residual value of the each asset over its expected useful life as follows:
Plant and machinery 4 years straight line
Fixtures fittings and equipment 5 years straight line

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for diminution in value.

2Tangible fixed assets
£
Cost
At 1 April 2015 3,600
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 3,600
Depreciation
At 1 April 2015 2,681
Charge for the year 327
On disposals -
At 31 March 2016 3,008
Net book values
At 31 March 2016 592
At 31 March 2015 919

3Fixed assets Investments
Investment
The company holds 100% of the Ordinary share capital of the following company:
Microrganics UK Limited incorporated in the UK . The aggregate amount of capital and reserves of the last relevant financial year were:
Capital and reserves £8612 Profit for the year £120
The principal activity of the company is the sale of health products.

4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
2 Ordinary shares of £1 each 2 2

Control
Control is held jointly by Jo and Jeremy Stephens

5Transactions with directors

Name of director receiving advance or credit: Mr Jeremy Stephens
Description of the transaction: Loan
Balance at 1 April 2015: £ 17,933
Advances or credits made: £ 84,147
Advances or credits repaid: £ 102,080
Balance at 31 March 2016: £ 0