Riviera Care Limited Small abbreviated accounts

RIVIERA CARE LIMITED - Company Information

FY Private Limited Company Company accounts 2017-08-31 2017-08-31 false true false false false false false false false false false false true true Riviera Care Limited 03951253 2016-11-30 2015-12-01 true xbrli:pure xbrli:shares iso4217:GBP 03951253 2015-12-01 2016-11-30 03951253 2016-11-30 03951253 2015-11-30 03951253 2015-11-30 03951253 uk-gaap:FixturesFittings 2015-12-01 2016-11-30 03951253 uk-gaap:MotorVehicles 2015-12-01 2016-11-30 03951253 uk-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 03951253 uk-bus:Director1 2015-12-01 2016-11-30 03951253 uk-gaap:AllSubsidiaries 2015-12-01 2016-11-30 03951253 uk-bus:OrdinaryShareClass1 2016-11-30 03951253 uk-bus:OrdinaryShareClass1 2015-11-30 03951253 uk-lang:English 2015-12-01 2016-11-30 03951253 uk-curr:PoundSterling 2015-12-01 2016-11-30

REGISTRATION NUMBER 03951253

Riviera Care Limited

Unaudited Abbreviated Accounts

30 November 2016

Riviera Care Limited

Abbreviated Balance Sheet

30 November 2016

		2016		2015
Note		£	£	£
Fixed Assets	2
Tangible assets			274,986	276,759
Investments			199,000	-
			----------	----------
			473,986	276,759
			----------	----------

Current Assets

Debtors	350,942		547,333
Cash at bank and in hand	650		492
	----------		----------
	351,592		547,825
Creditors: Amounts Falling due Within One Year	110,274		119,504
	----------		----------
Net Current Assets		241,318	428,321
		----------	----------
Total Assets Less Current Liabilities		715,304	705,080

Creditors: Amounts Falling due after More than One Year	3	271,527	295,380
		----------	----------
		443,777	409,700
		----------	----------

Capital and Reserves

Called up equity share capital	5	4	4
Profit and loss account		443,773	409,696
		----------	----------
Shareholders' Funds		443,777	409,700
		----------	----------

For the year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 31 August 2017 , and are signed on their behalf by:

Mrs S Bryan Director

Company Registration Number: 03951253

Riviera Care Limited

Notes to the Abbreviated Accounts

Year Ended 30 November 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 April 2008).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:

Fixtures & fittings-10% & 25% reducing balance basis

Motor vehicles-25% reducing balance basis

2. Fixed assets

Tangible Assets	Investments	Total
£	£	£

Cost

At 1 December 2015	387,743	–	387,743
Additions	1,566	199,000	200,566
	----------	----------	----------
At 30 November 2016	389,309	199,000	588,309
	----------	----------	----------

Depreciation

At 1 December 2015	110,984	–	110,984
Charge for year	3,339	–	3,339
	----------	----	----------
At 30 November 2016	114,323	–	114,323
	----------	----	----------

Net book value

At 30 November 2016	274,986	199,000	473,986
	----------	----------	----------

At 30 November 2015	276,759	–	276,759
	----------	----------	----------

On 26 February 2016 the company purchased at open market value the whole share capital of Riviera Support Limited for £199,000 from Mrs S Bryan .

3. Creditors: Amounts Falling due after More than One Year

Included within creditors falling due after more than one year is an amount of £171,917 (2015 - £195,770) in respect of liabilities which fall due for payment after more than five years from the balance sheet date.

Bank loans and overdraft are secured by a debenture on the assets of the company.

4. Related party transactions

Controlling entity The company is controlled by the directors who own 100% of the called up share capital. Related party transactions At 30 November 2016 there were amounts owed by companies under common control of £211,903 (2015: £178,096) and amounts owed to companies under common control of £12,588(2015: £13,618). The companies concerned are Riviera Support Limited and Riviera Support (South West) Limited respectively. Riviera Support Limited is a wholly owned subsidiary. Riviera Support (SW) Limited is under the control of the director, Mrs S M Bryan. During the year the company paid management charges of £60,500 (2015: £64,000) to Riviera Support Limited, a wholly owned subsidiary . Included in other debtors is an interest free loan to the directors, Mr & Mrs W Bryan , of £ 83,206 (2015: £ 295,243 ). On 26 February 2016 the company purchased at open market value the whole share capital of Riviera Support Limited for £199,000 from its director , Mrs S Bryan .

5. Share capital

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary shares of £ 1 each	4	4	4	4
	----	----	----	----