INSPIRATION CARE LIMITED,Ltd - AccountsLtd - Accounts

INSPIRATION CARE LIMITED,Ltd - AccountsLtd - Accounts

INSPIRATION CARE LIMITED - Company Information

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2016-07-01 06287676 2017-06-30 06287676 2016-07-01 2017-06-30 06287676 2016-06-30 06287676 2015-07-01 2016-06-30 06287676 uk-core:WithinOneYear 2016-06-30 06287676 uk-core:WithinOneYear 2017-06-30 06287676 uk-core:AfterOneYear 2016-06-30 06287676 uk-core:AfterOneYear 2017-06-30 06287676 uk-core:ShareCapital 2017-06-30 06287676 uk-core:ShareCapital 2016-06-30 06287676 uk-core:RetainedEarningsAccumulatedLosses 2017-06-30 06287676 uk-core:RetainedEarningsAccumulatedLosses 2016-06-30 06287676 uk-bus:Director1 2016-07-01 2017-06-30 06287676 uk-core:PlantMachinery 2016-07-01 2017-06-30 06287676 uk-core:MotorCars 2016-07-01 2017-06-30 06287676 uk-core:FurnitureFittings 2016-07-01 2017-06-30 06287676 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2017-06-30 06287676 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2016-06-30 06287676 uk-core:AfterOneYear 2016-07-01 2017-06-30 iso4217:GBP 06287676 uk-bus:AuditExemptWithAccountantsReport 2016-07-01 2017-06-30 06287676 uk-bus:FRS102 2016-07-01 2017-06-30 06287676 uk-bus:FullAccounts 2016-07-01 2017-06-30 06287676 uk-bus:PrivateLimitedCompanyLtd 2016-07-01 2017-06-30
INSPIRATION CARE LIMITED
Registered Number:06287676
For the year ended 30 June 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2017
INSPIRATION CARE LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 30 June 2017
INSPIRATION CARE LIMITED
Abridged Statement of Financial Position
Registered Number :
06287676
£
£
2016
2017
Notes
Fixed assets
2
Property, plant and equipment
1,434,821
1,450,061
1,434,821
1,450,061
Current assets
Trade and other receivables
21,125
51,789
874
Cash and cash equivalents
62,778
114,567
21,999
Trade and other payables: amounts falling due within one
year
(233,182)
(334,776)
(211,183)
(220,209)
Net current liabilities
Total assets less current liabilities
1,214,612
1,238,878
Trade and other payables: amounts falling due after more
than one year
(1,138,620)
(1,069,004)
3
145,608
Net assets
100,258
Capital and reserves
Called up share capital
100
100
Retained earnings
145,508
100,158
145,608
100,258
Shareholders' funds
For the year ended 30 June 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
All the members have consented to the preparation of an Abridged Statement of Financial Position for the year ended
30 June 2017 in accordance with Section 444 (2A) of the Companies Act 2006.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr M L Titcombe Director
These financial statements were approved and authorised for issue by the Board on 04 September 2017 and were signed by:
1 of 4
4
For the year ended 30 June 2017
INSPIRATION CARE LIMITED
Abridged Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 30 June 2017
INSPIRATION CARE LIMITED
Notes to the Financial Statements
Statutory Information
INSPIRATION CARE LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06287676.
Registered address:
Chesfield House 112 South Street
Leominster
Herefordshire
HR6 8JF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
20% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
2. Fixed assets
Property, plant
and
equipment
£
Cost or valuation
At 01 July 2016
1,537,288
Additions
2,823
At 30 June 2017
1,540,111
Provision for depreciation,
amortisation and impairment
At 01 July 2016
87,227
18,063
Charge for year
At 30 June 2017
105,290
Net book value
At 30 June 2017
1,434,821
At 30 June 2016
1,450,061
3 of 4
6
For the year ended 30 June 2017
INSPIRATION CARE LIMITED
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Bank loans and overdraft (secured)
431,336
411,330
Other creditors
637,668
727,290
1,069,004
1,138,620
Analysis of creditors falling due after more than five years:
Payable by instalments
261,780
247,548
Bank loans totalling £478,145 (2016 £411,329) are secured by a charge over the company's assets.
4. Average number of persons employed
During the year the average number of employees was 85 (2016 : 87)
4 of 4