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ACORN HOUSE RESIDENTIAL HOME LIMITED - Company Information

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Acorn House Residential Home Limited

Registered Number:05628604

For the period ended 31 March 2017

England and Wales

Unaudited Financial Statements

For the period ended 31 March 2017

Acorn House Residential Home Limited

Contents Page

Statement of Financial Position

2 to 4

Notes to the Financial Statements

As at 31 March 2017

Acorn House Residential Home Limited

Statement of Financial Position

Registered Number :

05628604

2016

2017

Notes

Fixed assets

Intangible assets

108,151

120,651

Property, plant and equipment

13,647

18,196

121,798

138,847

Current assets

Inventories

1,950

1,750

Trade and other receivables

7,796

53,118

Cash and cash equivalents

67,992

69,742

62,864

Trade and other payables: amounts falling due within one

year

(66,531)

(52,797)

(3,667)

16,945

Net current assets

Total assets less current liabilities

138,743

135,180

138,743

Net assets

135,180

Capital and reserves

Called up share capital

400

Retained earnings

138,343

134,780

138,743

135,180

Shareholders' funds

For the period 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 period 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.

Mr Bradley Rose Director

These financial statements were approved and authorised for issue by the Board on 28 December 2017 and were signed by:

The notes form part of these financial statements

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For the period ended 31 March 2017

Acorn House Residential Home Limited

Notes to the Financial Statements

Statutory Information

Acorn House Residential Home Limited is a private limited company, limited by shares, domiciled in England and

Wales, registration number 05628604.

Registered address:

39 Maidstone road

Chatham

ME4 6DP

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

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:

Plant and machinery

25 Reducing balance

33.33 per annum on cost

Computer equipment

15 Reducing balance

Fixtures and fittings

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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For the period ended 31 March 2017

Acorn House Residential Home Limited

Notes to the Financial Statements Continued

2. Intangible fixed assets

Goodwill

Cost or valuation

At 07 April 2016

250,000

At 31 March 2017

250,000

Amortisation

At 07 April 2016

129,349

12,500

Charge for period

At 31 March 2017

141,849

Net book value

At 31 March 2017

108,151

At 06 April 2016

120,651

3. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Plant and

machinery

Land and

buildings

Cost or

valuation

At 07 April 2016

53,470

3,203

34,348

7,119

8,800

At 31 March 2017

7,119

34,348

3,203

53,470

8,800

Provision for depreciation and impairment

At 07 April 2016

35,274

3,203

19,340

3,931

8,800

Charge for period

4,549

3,752

797

At 31 March 2017

39,823

3,203

23,092

4,728

8,800

At 31 March 2017

Net book value

2,391

11,256

13,647

At 06 April 2016

3,188

15,008

18,196

4. Inventories

2016

2017

Stocks

1,750

1,950

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For the period ended 31 March 2017

Acorn House Residential Home Limited

Notes to the Financial Statements Continued

5. Trade and other receivables

2016

2017

Trade debtors

5,809

Other debtors

1,987

7,796

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

2016

2017

Trade creditors

3,499

Taxation and social security

37,792

15,534

Other creditors

15,005

47,498

52,797

66,531

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