Caring Alternatives Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 03622578

Unaudited Financial Statements for the Year Ended 30 November 2017

for

Caring Alternatives Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L Taylor

Ms M J E Swanson

SECRETARY:

Ms M J E Swanson

REGISTERED OFFICE:

Hillcrest

Lower Elliott Street

Tyldesley

Manchester

M29 8JE

REGISTERED NUMBER:

03622578

ACCOUNTANTS:

Bloomfield's Accountants

Bloomfield Court

76 Factory Street West

Atherton

Manchester

Greater Manchester

M46 0EF

FIXED ASSETS

Intangible assets

4

50,100

66,800

Tangible assets

5

749,032

773,555

799,132

840,355

CURRENT ASSETS

Debtors

6

295,961

489,978

Cash in hand

38,938

53,239

334,899

543,217

CREDITORS

Amounts falling due within one year

7

59,925

110,121

NET CURRENT ASSETS

274,974

433,096

TOTAL ASSETS LESS CURRENT LIABILITIES

1,074,106

1,273,451

CREDITORS

Amounts falling due after more than one year

8

516,782

533,617

NET ASSETS

557,324

739,834

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Revaluation reserve

9

286,757

286,757

Retained earnings

260,567

443,077

SHAREHOLDERS' FUNDS

557,324

739,834

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

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

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 28 August 2018 and were signed on its behalf by:

Ms L Taylor - Director

1.	STATUTORY INFORMATION

Caring Alternatives Limited is a private company, limited by shares , registered in Not

specified/Other. 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 a business in 0, is being amortised evenly over its estimated useful life of nil 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.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 74 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2016

and 30 November 2017

117,500

AMORTISATION

At 1 December 2016

50,700

Charge for year

16,700

At 30 November 2017

67,400

NET BOOK VALUE

At 30 November 2017

50,100

At 30 November 2016

66,800

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2016

891,165

303,271

1,194,436

Additions

-

8,986

8,986

At 30 November 2017

891,165

312,257

1,203,422

DEPRECIATION

At 1 December 2016

171,369

249,512

420,881

Charge for year

17,823

15,686

33,509

At 30 November 2017

189,192

265,198

454,390

NET BOOK VALUE

At 30 November 2017

701,973

47,059

749,032

At 30 November 2016

719,796

53,759

773,555

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade debtors

66,229

261,891

Amounts owed by associates

227,186

215,410

Other debtors

2,546

12,677

295,961

489,978

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans and overdrafts

23,504

24,057

Trade creditors

7,537

6,780

Taxation and social security

15,397

46,119

Other creditors

13,487

33,165

59,925

110,121

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans

516,782

533,617

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

516,782

533,617

9.

RESERVES

Revaluation

reserve

£

At 1 December 2016

and 30 November 2017

286,757