Patient Care Ltd - Abbreviated accounts 16.3

Patient Care Ltd - Abbreviated accounts 16.3

PATIENT CARE LTD - Company Information

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08377789 1.7.15 30.6.16 30.6.16 Company accounts Private Limited Company FY true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083777892015-06-30083777892016-06-30083777892015-07-012016-06-30083777892014-06-30083777892014-07-012015-06-30083777892015-06-3008377789ns12:England2015-07-012016-06-3008377789ns14:PoundSterling2015-07-012016-06-3008377789ns7:Director12015-07-012016-06-3008377789ns7:Director22015-07-012016-06-3008377789ns7:CompanySecretary2015-07-012016-06-3008377789ns7:RegisteredOffice2015-07-012016-06-3008377789ns7:EntityAccountantsOrAuditors2015-07-012016-06-30
REGISTERED NUMBER: 08377789 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

PATIENT CARE LTD

PATIENT CARE LTD (REGISTERED NUMBER: 08377789)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

PATIENT CARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2016







DIRECTORS: S K Bagga
A J N Joshi





SECRETARY: A Joshi





REGISTERED OFFICE: Riverside House
1 - 5 Como Street
Romford
Essex
RM7 7DN





REGISTERED NUMBER: 08377789 (England and Wales)





ACCOUNTANTS: Clemence Hoar Cummings LLP
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
Page 1
PATIENT CARE LTD (REGISTERED NUMBER: 08377789)

ABBREVIATED BALANCE SHEET
30 JUNE 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 100,000 150,000
Tangible assets 3 48,201 58,156
148,201 208,156

CURRENT ASSETS
Stocks 67,831 75,646
Debtors 432,043 476,274
Cash at bank 377,999 132,520
877,873 684,440
CREDITORS
Amounts falling due within one year 606,071 582,155
NET CURRENT ASSETS 271,802 102,285
TOTAL ASSETS LESS CURRENT
LIABILITIES
420,003
310,441

CREDITORS
Amounts falling due after more than
one year
4
179,353
221,491
NET ASSETS 240,650 88,950

CAPITAL AND RESERVES
Called up share capital 5 200 200
Profit and loss account 240,450 88,750
SHAREHOLDERS' FUNDS 240,650 88,950

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 notes form part of these abbreviated accounts

Page 2 continued...
PATIENT CARE LTD (REGISTERED NUMBER: 08377789)

ABBREVIATED BALANCE SHEET - continued
30 JUNE 2016


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 29 March 2017 and were signed on
its behalf by:





A J N Joshi - Director


The notes form part of these abbreviated accounts

Page 3
PATIENT CARE LTD (REGISTERED NUMBER: 08377789)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016


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 2014, is being amortised evenly over its estimated useful life of five years.

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


Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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
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 July 2015
and 30 June 2016 250,000
AMORTISATION
At 1 July 2015 100,000
Amortisation for year 50,000
At 30 June 2016 150,000
NET BOOK VALUE

At 30 June 2016 100,000
At 30 June 2015 150,000

Page 4 continued...
PATIENT CARE LTD (REGISTERED NUMBER: 08377789)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2015
and 30 June 2016 85,719
DEPRECIATION
At 1 July 2015 27,563
Charge for year 9,955
At 30 June 2016 37,518
NET BOOK VALUE
At 30 June 2016 48,201
At 30 June 2015 58,156

4. CREDITORS

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

2016 2015
£    £   
Repayable by instalments 60,965 110,996

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £ £
40 Ordinary A Shares £1 40 110
50 Ordinary B Shares £1 50 50
40 Ordinary C Shares £1 40 40
40 Ordinary D Shares £1 40 -
20 Ordinary E Shares £1 20 -
10 Ordinary F Shares £1 10 -
200 200

Page 5