RIVERSIDE CARE LIMITED

RIVERSIDE CARE LIMITED

RIVERSIDE CARE LIMITED - Company Information

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RIVERSIDE CARE LIMITED

Company Registration Number:
SC112395 (Scotland)

Unaudited abridged accounts for the year ended 31 October 2017

Period of accounts

Start date: 01 November 2016

End date: 31 October 2017

RIVERSIDE CARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2017

Balance sheet
Notes

RIVERSIDE CARE LIMITED

Balance sheet

As at 31 October 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 1,428,129 1,459,866
Total fixed assets: 1,428,129 1,459,866
Current assets
Debtors:   76,873 70,970
Cash at bank and in hand: 50,174 7,403
Total current assets: 127,047 78,373
Creditors: amounts falling due within one year:   (1,451,694) (1,434,680)
Net current assets (liabilities): (1,324,647) (1,356,307)
Total assets less current liabilities: 103,482 103,559
Total net assets (liabilities): 103,482 103,559
Capital and reserves
Called up share capital: 40,000 40,000
Revaluation reserve:481,98781,987
Other reserves: 25,000 25,000
Profit and loss account: (43,505) (43,428)
Shareholders funds: 103,482 103,559

The notes form part of these financial statements

RIVERSIDE CARE LIMITED

Balance sheet statements

For the year ending 31 October 2017 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2018
and signed on behalf of the board by:

Name: Arthur McLean
Status: Director

The notes form part of these financial statements

RIVERSIDE CARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RIVERSIDE CARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Employees

2017 2016
Average number of employees during the period 61 61

RIVERSIDE CARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Tangible Assets

Total
Cost £
At 01 November 2016 2,180,640
Additions 14,153
At 31 October 2017 2,194,793
Depreciation
At 01 November 2016 720,774
Charge for year 45,890
At 31 October 2017 766,664
Net book value
At 31 October 2017 1,428,129
At 31 October 2016 1,459,866

Included within the net book value above is £1,408,422 (2016 - £1,438,287) in respect of freehold land and buildings.

RIVERSIDE CARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

4. Revaluation reserve

2017
£
Balance at 01 November 2016 81,987
Surplus or deficit after revaluation 0
Balance at 31 October 2017 81,987

RIVERSIDE CARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

5. Changes in presentation and prior period adjustments

This is the first year that the company has presented its results under FRS 102 Section 1A.The comparative figures have been restated to include deferred tax in accordance with FRS 102. The adjustment has increased reserves by £1.