Abbreviated Company Accounts - NEW CARE HORIZONS (THE PINNACLE WEYMOUTH) LIMITED

NEW CARE HORIZONS (THE PINNACLE WEYMOUTH) LIMITED - Company Information

08509471 NEW CARE HORIZONS (THE PINNACLE WEYMOUTH) LIMITED 2016-04-29 false 2015-05-01 2016-04-29 true 08509471 2015-05-01 2016-04-29 08509471 2016-04-29 08509471 2015-04-30 08509471 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-29 08509471 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08509471

NEW CARE HORIZONS (THE PINNACLE WEYMOUTH) LIMITED

Abbreviated Accounts

29 April 2016

NEW CARE HORIZONS (THE PINNACLE WEYMOUTH) LIMITED Registered Number 08509471

Abbreviated Balance Sheet as at 29 April 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		309,035	177,453
Debtors		47,529	19,852
Cash at bank and in hand		6,011	1,785
		362,575	199,090
Creditors: amounts falling due within one year		(369,697)	(76,935)
Net current assets (liabilities)		(7,122)	122,155
Total assets less current liabilities		(7,122)	122,155
Creditors: amounts falling due after more than one year		-	(126,968)
Total net assets (liabilities)		(7,122)	(4,813)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(7,222)	(4,913)
Shareholders' funds		(7,122)	(4,813)

For the year ending 29 April 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 27 April 2017

And signed on their behalf by:
M Ross, Director

NEW CARE HORIZONS (THE PINNACLE WEYMOUTH) LIMITED Registered Number 08509471

Notes to the Abbreviated Accounts for the period ended 29 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviation accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Other accounting policies
GOING CONCERN
As shown in the financial statements, the company has total liabilities exceeding its total assets by £7,122 (2015 - £4,813). The company meets its day to day working capital requirements through the support of a secured loan facility. The directors have confirmed that the facility will continue, being secured against properties related to the directors other interests. For this reason, the company has decided to prepare the accounts using the going concern basis.

CASH FLOW
The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

STOCKS AND WORK IN PROGRESS
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100