LJ Care Homes Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05148326 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30TH JUNE 2016

FOR

LJ CARE HOMES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs L J Petruzziello

REGISTERED OFFICE:

11 Thorpe Road

Peterborough

PE3 6AB

REGISTERED NUMBER:

05148326 (England and Wales)

ACCOUNTANTS:

Harvey Winning & Co

Accountants & Tax Advisors

11 Thorpe Road

Peterborough

PE3 6AB

FIXED ASSETS

Tangible assets

2

652,454

653,787

CURRENT ASSETS

Debtors

17,631

9,829

Cash at bank and in hand

276

10

17,907

9,839

CREDITORS

Amounts falling due within one year

178,074

131,010

NET CURRENT LIABILITIES

(160,167

)

(121,171

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

492,287

532,616

CREDITORS

Amounts falling due after more than
one year

3

384,675

400,374

NET ASSETS

107,612

132,242

CAPITAL AND RESERVES

Called up share capital

4

2

Revaluation reserve

78,518

Profit and loss account

29,092

53,722

SHAREHOLDERS' FUNDS

107,612

132,242

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 22nd March 2017 and were signed by:

Mrs L J Petruzziello - 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of material timing differences that have originated but

not reversed at the balance sheet date.

Hire purchase and leasing commitments

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2015

and 30th June 2016

678,110

DEPRECIATION

At 1st July 2015

24,323

Charge for year

1,333

At 30th June 2016

25,656

NET BOOK VALUE

At 30th June 2016

652,454

At 30th June 2015

653,787

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

Repayable by instalments

331,751

351,960

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2