Transcare Services (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07909695 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Transcare Services (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S A Hastings

Mrs J M Hastings

REGISTERED OFFICE:

Lencett House

45 Boroughgate

Otley

West Yorkshire

LS21 1AG

REGISTERED NUMBER:

07909695 (England and Wales)

ACCOUNTANTS:

Walker Broadbent Associates

Chartered Accountants

Lencett House

45 Boroughgate

Otley

West Yorkshire

LS21 1AG

FIXED ASSETS

Intangible assets

2

7,500

8,750

Tangible assets

3

203,726

233,090

211,226

241,840

CURRENT ASSETS

Debtors

253,320

214,677

Cash at bank

599

2,546

253,919

217,223

CREDITORS

Amounts falling due within one year

438,773

392,494

NET CURRENT LIABILITIES

(184,854

)

(175,271

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,372

66,569

CREDITORS

Amounts falling due after more than one
year

(21,333

)

(16,628

)

PROVISIONS FOR LIABILITIES

(4,199

)

(19,810

)

NET ASSETS

840

30,131

CAPITAL AND RESERVES

Called up share capital

4

100

110

Profit and loss account

740

30,021

SHAREHOLDERS' FUNDS

840

30,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 24 January 2017 and were signed on its behalf by:

Mrs J M Hastings - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

12,500

AMORTISATION

At 1 May 2015

3,750

Amortisation for year

1,250

At 30 April 2016

5,000

NET BOOK VALUE

At 30 April 2016

7,500

At 30 April 2015

8,750

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

407,100

Additions

116,300

Disposals

(96,965

)

At 30 April 2016

426,435

DEPRECIATION

At 1 May 2015

174,010

Charge for year

113,978

Eliminated on disposal

(65,279

)

At 30 April 2016

222,709

NET BOOK VALUE

At 30 April 2016

203,726

At 30 April 2015

233,090

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

190

"A" Ordinary

£1

100

10

"B" Ordinary

£1

-

10

100

110