Abbreviated Company Accounts - OAKS CARE LIMITED

Registered Number 05096797

OAKS CARE LIMITED

Abbreviated Accounts

30 June 2016

OAKS CARE LIMITED Registered Number 05096797

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	207,555	207,945
		207,555	207,945
Current assets
Debtors		56,128	93,489
Cash at bank and in hand		55,442	89,518
		111,570	183,007
Prepayments and accrued income		1,915	2,010
Creditors: amounts falling due within one year		(10,681)	(14,390)
Net current assets (liabilities)		102,804	170,627
Total assets less current liabilities		310,359	378,572
Creditors: amounts falling due after more than one year		(297,840)	(376,590)
Total net assets (liabilities)		12,519	1,982
Capital and reserves
Called up share capital		4	4
Profit and loss account		12,515	1,978
Shareholders' funds		12,519	1,982

For the year ending 30 June 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 29 March 2017

And signed on their behalf by:
S Ghattarody, Director
B Chana, Director

OAKS CARE LIMITED Registered Number 05096797

Notes to the Abbreviated Accounts for the period ended 30 June 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 comprises of revenue recognised by the company in respect of goods and services supplied, inclusive of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Leasehold costs no depreciation
Fixtures & fittings 15% reducing balance
Office equipment 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2015	212,415
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	212,415
Depreciation
At 1 July 2015	4,470
Charge for the year	390
On disposals	-
At 30 June 2016	4,860
Net book values
At 30 June 2016	207,555
At 30 June 2015	207,945