South Bucks Senior Care Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06962390 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

South Bucks Senior Care Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S J Darbyshire

M J Lawson

REGISTERED OFFICE:

Unit D Bourne Park

Cores End Road

Bourne

End

SLB 5AS

REGISTERED NUMBER:

06962390 (England and Wales)

ACCOUNTANTS:

Danton Partners Ltd

Chartered Management Accountants

7 Merlin Centre

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,109

3,572

2,109

3,572

CURRENT ASSETS

Debtors

6

96,436

85,208

Cash at bank

117,088

74,474

213,524

159,682

CREDITORS

Amounts falling due within one year

7

100,719

105,454

NET CURRENT ASSETS

112,805

54,228

TOTAL ASSETS LESS CURRENT LIABILITIES

114,914

57,800

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

114,912

57,798

SHAREHOLDERS' FUNDS

114,914

57,800

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 directors acknowledge their 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 Board of Directors on 19 December 2017 and were signed on its behalf by:

M J Lawson - Director

1.	STATUTORY INFORMATION

South Bucks Senior Care Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any

accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% 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 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 150 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

34,213

AMORTISATION

At 1 April 2016

and 31 March 2017

34,213

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

5,000

4,419

9,419

DEPRECIATION

At 1 April 2016

2,188

3,659

5,847

Charge for year

703

760

1,463

At 31 March 2017

2,891

4,419

7,310

NET BOOK VALUE

At 31 March 2017

2,109

-

2,109

At 31 March 2016

2,812

760

3,572

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

93,081

81,853

Other debtors

3,355

3,355

96,436

85,208

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

-

10,236

Taxation and social security

28,876

15,261

Other creditors

71,843

79,957

100,719

105,454

Included in other creditors is the £47,253 (2016: £39,957) is due to directors. Interest is charged on this loan.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary shares

1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2016

57,798

Profit for the year

81,014

Dividends

(23,900

)

At 31 March 2017

114,912

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is the £47,253 (2016: £39,957) is due to directors. Interest is charged on this loan.

11.	ULTIMATE CONTROLLING PARTY

Company is controlled by its directors by virtue of holding the entire issued share capital.