Debdale Specialist Care Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05220952 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2016 TO 30 APRIL 2017

FOR

DEBDALE SPECIALIST CARE LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTOR:

S Saab

SECRETARY:

S Khulpateea

REGISTERED OFFICE:

Thistle Hill Hall

Debdale Lane

Mansfield Woodhouse

Nottinghamshire

NG19 7EZ

REGISTERED NUMBER:

05220952 (England and Wales)

ACCOUNTANTS:

Bishops

Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

BANKERS:

HSBC

1 Leeming Street

Mansfield

Nottinghamshire

NG18 1LU

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Income

Statement and certain other primary statements and the Report of the Director are not required to be

filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Debdale Specialist Care Limited for the period ended 30 April 2017 which

comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related

notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Debdale Specialist Care Limited in accordance with the terms of our engagement letter dated 27 March 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Debdale Specialist Care Limited and state those matters that we have agreed to state to the director of Debdale Specialist Care Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Debdale Specialist Care Limited director for our work or for this report.

It is your duty to ensure that Debdale Specialist Care Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Debdale Specialist Care Limited. You consider that Debdale Specialist Care Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Debdale Specialist Care Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bishops

Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

22 January 2018

FIXED ASSETS

Property, plant and equipment

4

63,497

62,817

CURRENT ASSETS

Debtors

5

811,422

836,270

Cash at bank and in hand

2,950

8,611

814,372

844,881

CREDITORS

Amounts falling due within one year

6

684,493

746,233

NET CURRENT ASSETS

129,879

98,648

TOTAL ASSETS LESS CURRENT LIABILITIES

193,376

161,465

PROVISIONS FOR LIABILITIES

11,333

9,592

NET ASSETS

182,043

151,873

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

181,943

151,773

SHAREHOLDERS' FUNDS

182,043

151,873

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 22 January 2018 and were signed by:

S Saab - Director

1.	STATUTORY INFORMATION

Debdale Specialist Care 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

Revenue 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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 period 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 period was 53 (2016 - 50 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 November 2016

47,993

134,319

182,312

Additions

3,143

3,958

7,101

At 30 April 2017

51,136

138,277

189,413

DEPRECIATION

At 1 November 2016

29,967

89,528

119,495

Charge for period

2,903

3,518

6,421

At 30 April 2017

32,870

93,046

125,916

NET BOOK VALUE

At 30 April 2017

18,266

45,231

63,497

At 31 October 2016

18,026

44,791

62,817

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

53,948

64,529

Amounts owed by related parties

725,592

742,114

Other debtors

31,882

29,627

811,422

836,270

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

52,611

48,476

Trade creditors

57,869

98,429

Amounts owed to related parties

415,877

267,035

Taxation and social security

24,125

21,158

Other creditors

134,011

311,135

684,493

746,233

7.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank overdrafts

52,611

48,476

The bank overdraft is secured by way of a fixed and floating charge over the assets of the company.

8.	ULTIMATE CONTROLLING PARTY

The company was fully controlled by the Director.