Care By Design Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05921017 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

Care By Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs A B Nisbet

SECRETARY:

Mr P Curtis

REGISTERED OFFICE:

271 Derby Road

Sandiacre

Nottingham

NG10 5HF

REGISTERED NUMBER:

05921017 (England and Wales)

ACCOUNTANTS:

LING PHIPP

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

CURRENT ASSETS

Debtors

28,475

37,250

Cash at bank

955

1,701

29,430

38,951

CREDITORS

Amounts falling due within one year

28,287

35,041

NET CURRENT ASSETS

1,143

3,910

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,143

3,910

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

1,142

3,909

SHAREHOLDERS' FUNDS

1,143

3,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 16 January 2017 and were signed by:

Mrs A B Nisbet - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The Accounts have been prepared on a going concern basis and are subject to the continued support of the

directors.

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 the value of services provided under contracts to the extent there is a right to the

consideration and is recorded at the value of the consideration due.

Where the contract has only been partially completed at the balance sheet date turnover represents the value of

the services provided to date based on a proportion of the total expected consideration at completion.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Office Equipment

-

25% on cost

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between treatment of certain

items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

7,926

DEPRECIATION

At 1 September 2015

and 31 August 2016

7,926

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2016 and

31 August 2015:

31.8.16

31.8.15

£

Mrs A B Nisbet

Balance outstanding at start of year

26,344

26,377

Amounts advanced

64,292

81,632

Amounts repaid

(79,406

)

(81,665

)

Balance outstanding at end of year

11,230

26,344

Name of Director

Description of transactions

Value of transactions during
the year

2016

2015

£

Mrs A B Nisbet

Private expenses paid by the Company

10,052

10,580

Withdrawals from the Company

53,696

70,089

Interest on Overdrawn Loan Account

544

963

Use of Home as Office

(200

)

(200

)

Business Expenses Paid Privately

(13,133

)

(8,870

)

Net Wages not Drawn

(8,021

)

(7,929

)

Money Introduced

(3,452

)

(10,966

)

Dividends

(54,600

)

(53,700

)

The maximum balance outstanding during the year was £27,555.

Interest has been charged at 3% on the overdrawn loan account.