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NORFOLK HEALTHCARE LIMITED - Company Information

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Draft

Norfolk Healthcare Limited

Registered Number:07448961

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

Draft

For the year ended 31 March 2017

Norfolk Healthcare Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Draft

As at 31 March 2017

Norfolk Healthcare Limited

Statement of Financial Position

Registered Number :

07448961

2016

2017

Notes

Fixed assets

Property, plant and equipment

20,135

19,218

20,135

19,218

Current assets

Inventories

21,500

23,500

Trade and other receivables

219,656

74,798

27,874

Cash and cash equivalents

74,491

172,789

269,030

Trade and other payables: amounts falling due within one year

(164,253)

(149,543)

104,777

23,246

Net current assets

Total assets less current liabilities

43,381

123,995

43,381

Net assets

123,995

Capital and reserves

Retained earnings

43,381

123,995

43,381

123,995

Shareholders' funds

For the year ended 31 March 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 31 March 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.

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.

Mansour Dadkhah Director

These financial statements were approved and authorised for issue by the Board on 23 September 2017 and were signed by:

The notes form part of these financial statements

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Draft

For the year ended 31 March 2017

Norfolk Healthcare Limited

Notes to the Financial Statements

Statutory Information

Norfolk Healthcare Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number

07448961.

Registered address:

171 King Street

Gt Yarmouth

Norfolk

NR30 2PA

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.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, 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:

20 Reducing balance

Computer equipment

25 Reducing balance

Motor vehicles

20 Reducing balance

Fixtures and fittings

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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Draft

For the year ended 31 March 2017

Norfolk Healthcare Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Motor vehicles

Cost or valuation

At 01 April 2016

31,882

383

13,800

17,699

6,780

Additions

At 31 March 2017

17,699

20,580

383

38,662

Provision for depreciation and impairment

At 01 April 2016

12,664

187

8,052

4,425

Charge for year

5,863

2,506

3,318

At 31 March 2017

18,527

226

10,558

7,743

At 31 March 2017

Net book value

9,956

10,022

157

20,135

At 31 March 2016

13,274

5,748

196

19,218

3. Trade and other receivables

2016

2017

Trade debtors

7,852

125,784

Other debtors

66,946

93,872

219,656

74,798

4. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

131,686

126,170

Taxation and social security

17,222

37,037

Other creditors

635

1,046

149,543

164,253

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