North London Care Services Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04634927 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

North London Care Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms A M Delaney

M Lewis

SECRETARY:

M Lewis

REGISTERED OFFICE:

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

REGISTERED NUMBER:

04634927 (England and Wales)

ACCOUNTANTS:

Johal & Company

Chartered Certified Accountants

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

FIXED ASSETS

Tangible assets

4

52,239

53,530

CURRENT ASSETS

Cash in hand

371

24

CREDITORS

Amounts falling due within one year

5

29,505

21,794

NET CURRENT LIABILITIES

(29,134

)

(21,770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,105

31,760

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

23,103

31,758

SHAREHOLDERS' FUNDS

23,105

31,760

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 21 December 2017 and were signed on its behalf by:

Ms A M Delaney - Director

M Lewis - Director

1.	STATUTORY INFORMATION

North London Care Services 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.

Turnover

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

value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

2% on cost

Fixtures and fittings

-

33% on reducing balance

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.

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 10 .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 April 2016

63,516

38,643

102,159

Additions

-

537

537

At 31 March 2017

63,516

39,180

102,696

DEPRECIATION

At 1 April 2016

10,563

38,066

48,629

Charge for year

1,460

368

1,828

At 31 March 2017

12,023

38,434

50,457

NET BOOK VALUE

At 31 March 2017

51,493

746

52,239

At 31 March 2016

52,953

577

53,530

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

6,352

743

Taxation and social security

16,527

16,262

Other creditors

6,626

4,789

29,505

21,794

6.	FIRST YEAR ADOPTION

These were the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1

April 2015.