Company Registration No. 05879835 (England and Wales)
Essential Care (Organics) Limited
Unaudited accounts
for the year ended 30 June 2017
Essential Care (Organics) Limited
Unaudited accounts
Contents
Essential Care (Organics) Limited
Company Information
for the year ended 30 June 2017
Directors
Abigail Hannah Weeds
Colin Neville Weeds
Margaret Elizabeth Anne Weeds
Company Number
05879835 (England and Wales)
Registered Office
SPINNERS, THE STREET
LACKFORD
BURY ST EDMUNDS
SUFFOLK
IP28 6HW
UNITED KINGDOM
Essential Care (Organics) Limited
Statement of financial position
as at 30 June 2017
Intangible assets
1,194
1,792
Tangible assets
375,591
1,984
Inventories
120,421
116,464
Cash at bank and in hand
60,486
48,572
Creditors: amounts falling due within one year
(515,130)
(181,266)
Net current (liabilities)/assets
(293,680)
47,279
Called up share capital
3,000
3,000
Profit and loss account
80,105
48,055
Shareholders' funds
83,105
51,055
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 21 March 2018.
Abigail Hannah Weeds
Director
Company Registration No. 05879835
Essential Care (Organics) Limited
Notes to the Accounts
for the year ended 30 June 2017
Essential Care (Organics) Limited is a private company, limited by shares, registered in England and Wales, registration number 05879835. The registered office is SPINNERS, THE STREET, LACKFORD, BURY ST EDMUNDS, SUFFOLK, IP28 6HW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Held at Cost
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Essential Care (Organics) Limited
Notes to the Accounts
for the year ended 30 June 2017
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
Allotted, called up and fully paid:
3,000 Ordinary shares of £1 each
3,000
3,000
Essential Care (Organics) Limited
Notes to the Accounts
for the year ended 30 June 2017
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advances to Director
27,203
125,271
5,000
147,474
Advances to Director
75,245
5,000
5,000
75,245
Margaret Elizabeth Anne Weeds
Advances to Director
25,484
235,000
5,000
255,484
127,932
365,271
15,000
478,203
The Directors Abi Weeds, Colin Weeds and Margaret Weeds were owed £147,473, £75,245 & £255,484 respectively at the year end and this is repayable on demand.
The directors of the company believe there is not one controlling party.
9
Average number of employees
During the year the average number of employees was 13 (2016: 13).
