Abbreviated Company Accounts - APEX PRIME CARE LTD

APEX PRIME CARE LTD - Company Information

04296566 APEX PRIME CARE LTD 2016-03-31 false 2015-04-01 2016-03-31 true 04296566 2015-04-01 2016-03-31 04296566 2016-03-31 04296566 2015-03-31 04296566 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04296566 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04296566

APEX PRIME CARE LTD

Abbreviated Accounts

31 March 2016

APEX PRIME CARE LTD Registered Number 04296566

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	224,535	829,201
Tangible assets	3	107,862	160,630
Investments		-	-
		332,397	989,831
Current assets
Stocks		-	79
Debtors		474,840	281,226
Investments		-	-
Cash at bank and in hand		112,579	-
		587,419	281,305
Creditors: amounts falling due within one year		(566,203)	(990,623)
Net current assets (liabilities)		21,216	(709,318)
Total assets less current liabilities		353,613	280,513
Creditors: amounts falling due after more than one year		(67,982)	0
Total net assets (liabilities)		285,631	280,513
Capital and reserves
Called up share capital	4	4	4
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		285,627	280,509
Shareholders' funds		285,631	280,513

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 14 March 2017

And signed on their behalf by:
M S Patrick, Director

APEX PRIME CARE LTD Registered Number 04296566

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 chargeable in respect of gross fees charged in respect of service users.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Motor vehicles 20% straight line
Fixtures and fittings 20% straight line
Office equipment 20% straight line

Intangible assets amortisation policy
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life which is considered to be five years. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

2Intangible fixed assets

	£
Cost
At 1 April 2015	829,201
Additions	29,889
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	859,090
Amortisation
At 1 April 2015	-
Charge for the year	634,555
On disposals	-
At 31 March 2016	634,555
Net book values
At 31 March 2016	224,535
At 31 March 2015	829,201

3Tangible fixed assets

	£
Cost
At 1 April 2015	364,479
Additions	49,533
Disposals	(142,674)
Revaluations	-
Transfers	-
At 31 March 2016	271,338
Depreciation
At 1 April 2015	203,849
Charge for the year	61,867
On disposals	(102,240)
At 31 March 2016	163,476
Net book values
At 31 March 2016	107,862
At 31 March 2015	160,630

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4