Sharon Robshaw Limited - Accounts to registrar - small 16.3

REGISTERED NUMBER: 04837371 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Sharon Robshaw Limited

Trading as

Carewatch Care Services

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S A Robshaw

SECRETARY:

Mr B Robshaw

REGISTERED OFFICE:

1 Forstal Road

Aylesford

Kent

ME20 7AU

REGISTERED NUMBER:

04837371 (England and Wales)

ACCOUNTANTS:

McLean Reid

Chartered Accountants

1 Forstal Road

Aylesford

Kent

ME20 7AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,129

3,502

2,129

3,502

CURRENT ASSETS

Debtors

6

49,535

43,734

Cash at bank

593

592

50,128

44,326

CREDITORS

Amounts falling due within one year

7

52,064

48,175

NET CURRENT LIABILITIES

(1,936

)

(3,849

)

TOTAL ASSETS LESS CURRENT LIABILITIES

193

(347

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

93

(447

)

SHAREHOLDERS' FUNDS

193

(347

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 9 May 2017 and were signed by:

Mrs S A Robshaw - Director

1.	STATUTORY INFORMATION

Sharon Robshaw Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The director consider that there are no material uncertainties related to events or conditions that may cast

significant doubt about the ability of the company to continue as a going concern.

Turnover

Turnover represents net invoiced sales of services.

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 etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted

or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2016 - 63 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2016

and 31 March 2017

13,342

AMORTISATION

At 1 April 2016

and 31 March 2017

13,342

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

21,943

DEPRECIATION

At 1 April 2016

18,441

Charge for year

1,373

At 31 March 2017

19,814

NET BOOK VALUE

At 31 March 2017

2,129

At 31 March 2016

3,502

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

27,091

33,118

Other debtors

22,444

10,616

49,535

43,734

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

16,992

9,185

Trade creditors

7,742

15,524

Taxation and social security

9,150

8,121

Other creditors

18,180

15,345

52,064

48,175

8.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank overdrafts

16,992

9,185

The bank overdraft is secured by way of a legal mortgage and floating charge on the assets of the company.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £2,500 were paid to the director .

As at the year end the director owed £7,690 (2016: £8,011) on her director's current account.