AVIS HEALTHCARE LIMITED - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09114757 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

AVIS HEALTHCARE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss S Masinga

Mrs A Muti

Mrs V Tamba

REGISTERED OFFICE:

42 Highland Road

Emsworth

Hampshire

PO10 7JN

REGISTERED NUMBER:

09114757 (England and Wales)

ACCOUNTANTS:

James Todd & Co Limited

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

FIXED ASSETS

Tangible assets

4

18,210

16,565

CURRENT ASSETS

Debtors

30,974

45,520

Cash at bank

30,400

37,393

61,374

82,913

CREDITORS

Amounts falling due within one year

28,133

40,614

NET CURRENT ASSETS

33,241

42,299

TOTAL ASSETS LESS CURRENT LIABILITIES

51,451

58,864

CREDITORS

Amounts falling due after more than one year

(2,356

)

(3,212

)

PROVISIONS FOR LIABILITIES

(3,460

)

-

NET ASSETS

45,635

55,652

CAPITAL AND RESERVES

Called up share capital

5

75

75

Share premium

8,475

8,475

Retained earnings

37,085

47,102

SHAREHOLDERS' FUNDS

45,635

55,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 January 2018 and were signed on its behalf by:

Miss S Masinga - Director

1.	STATUTORY INFORMATION

AVIS HEALTHCARE 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, and are in sterling (£), which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future. The

directors therefore adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover represents the amounts derived from the provision of goods and services falling within the

company's ordinary activities, after deduction of trade discounts, value added tax and any other other taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

18% on reducing balance

Computer equipment

-

18% on reducing balance

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to

determine whether there is any indication of their values being impaired. Any impairment losses are then

treated as an expense during the period.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under

finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital

element of the future payments is treated as a liability.

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 10 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2016

20,201

Additions

5,349

At 30 June 2017

25,550

DEPRECIATION

At 1 July 2016

3,636

Charge for year

3,704

At 30 June 2017

7,340

NET BOOK VALUE

At 30 June 2017

18,210

At 30 June 2016

16,565

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 July 2016

18,000

Additions

5,349

At 30 June 2017

23,349

DEPRECIATION

At 1 July 2016

3,240

Charge for year

3,379

At 30 June 2017

6,619

NET BOOK VALUE

At 30 June 2017

16,730

At 30 June 2016

14,760

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.17

30.6.16

value:

£

£

75

Ordinary

1

75

75

6.	RELATED PARTY DISCLOSURES

The director Miss S Masinga is also a shareholder of the company. During the year the company paid

aggregate dividends of £2,000 (2016: £3,000) to Miss S Masinga in respect of this shareholding.

The director Mrs A Muti is also a shareholder of the company. During the year the company paid aggregate

dividends of £2,000 (2016: £3,000) to Mrs A Muti in respect of this shareholding.

The director Mrs V Tamba is also a shareholder of the company. During the year the company paid aggregate

dividends of £2,000 (2016: £3,000) to Mrs V Tamba in respect of this shareholding.