BearCare Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04974050 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

BearCare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J B Budden

REGISTERED OFFICE:

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

REGISTERED NUMBER:

04974050 (England and Wales)

ACCOUNTANTS:

LING PHIPP

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,298

5,126

2,298

5,126

CURRENT ASSETS

Debtors

6

2,511

3,072

Cash at bank and in hand

-

59,261

2,511

62,333

CREDITORS

Amounts falling due within one year

7

2,253

23,311

NET CURRENT ASSETS

258

39,022

TOTAL ASSETS LESS CURRENT LIABILITIES

2,556

44,148

PROVISIONS FOR LIABILITIES

437

493

NET ASSETS

2,119

43,655

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,118

43,654

SHAREHOLDERS' FUNDS

2,119

43,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 3 May 2018 and were signed by:

Mrs J B Budden - Director

1.	STATUTORY INFORMATION

BearCare 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of an unconnected business in 2005, was

amortised over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance

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 6 (2017 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

67,000

AMORTISATION

At 1 April 2017

and 31 March 2018

67,000

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

22,448

Disposals

(2,750

)

At 31 March 2018

19,698

DEPRECIATION

At 1 April 2017

17,322

Charge for year

766

Eliminated on disposal

(688

)

At 31 March 2018

17,400

NET BOOK VALUE

At 31 March 2018

2,298

At 31 March 2017

5,126

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

448

1,001

Other debtors

2,063

2,071

2,511

3,072

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

188

1,741

Taxation and social security

236

2,558

Other creditors

1,829

19,012

2,253

23,311

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

31.3.18

31.3.17

£

£

Mrs J B Budden

Balance outstanding at start of year

(14,854

)

(5,312

)

Amounts advanced

68,564

5,728

Amounts repaid

(51,647

)

(15,270

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,063

(14,854

)