Llysfield Nursing Home Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06835877 (England and Wales)

Financial Statements for the Year Ended 31 March 2017

for

LLYSFIELD NURSING HOME LIMITED

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr S Kularatnam

Mrs U Kularatnam

REGISTERED OFFICE:

95

Ravensbourne Park

Catford

London

SE6 4YA

REGISTERED NUMBER:

06835877 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

28,384

35,481

CURRENT ASSETS

Debtors

5

313,199

337,656

Prepayments and accrued income

6,000

-

Cash at bank and in hand

21,713

3,019

340,912

340,675

CREDITORS

Amounts falling due within one year

6

17,330

7,091

NET CURRENT ASSETS

323,582

333,584

TOTAL ASSETS LESS CURRENT LIABILITIES

351,966

369,065

CREDITORS

Amounts falling due after more than one year

7

62,012

48,042

NET ASSETS

289,954

321,023

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

289,952

321,021

SHAREHOLDERS' FUNDS

289,954

321,023

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 November 2017 and were signed on its behalf by:

Mr S Kularatnam - Director

1.	STATUTORY INFORMATION

Llysfield Nursing Home 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.

Fixtures and fittings

-

20% on reducing balance

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 40 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2016

and 31 March 2017

73,551

DEPRECIATION

At 1 April 2016

38,070

Charge for year

7,097

At 31 March 2017

45,167

NET BOOK VALUE

At 31 March 2017

28,384

At 31 March 2016

35,481

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Amounts owed by group undertakings

313,199

337,656

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

13,791

4,502

Other creditors

3,539

2,589

17,330

7,091

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans

38,012

48,042

Amounts owed to group undertakings

24,000

-

62,012

48,042

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinaray

£1

2

2

9.	RELATED PARTY DISCLOSURES

Mr S Kularatnam

Director

The following disclosure is an illustration of transactions related to the company director Mr S Kularatnam

Opening balance 640.52

Plus:

Dividends 18,000.00

Less:

Withdrawals (18,312.02)

Closing balance 328.50

Inter Companies

Inter-company loans

Balances of inter-company as at 31/03/2017 as follows

Llysfield Holdings Limited - £293,199.32

Westmorland Healthcare Limited - 24,000.00

Randuls Care Limited - 20,000.00

These balances consisting following material transactions as well.

Llysfield Holdings Ltd

Loan - £44,457.00

Westmorland Healthcare Limited

Shared expenses - £24,000.00

Randuls Care Limited

Loan - £20,000.00