Bluebell Care Homes Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03672027 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

BLUEBELL CARE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B A Lewis

K S Lewis

M J Newman

S A Newman

SECRETARY:

K S Lewis

REGISTERED OFFICE:

18 Carden Avenue

Patcham

Brighton

East Sussex

BN1 8NA

REGISTERED NUMBER:

03672027 (England and Wales)

ACCOUNTANTS:

Hartley Fowler LLP

Chartered Accountants

44 Springfield Road

Horsham

West Sussex

RH12 2PD

FIXED ASSETS

Tangible assets

4

1,385,396

1,391,055

CURRENT ASSETS

Stocks

650

650

Debtors

5

17,360

3,420

Cash at bank and in hand

189,461

199,492

207,471

203,562

CREDITORS

Amounts falling due within one year

6

226,593

131,449

NET CURRENT (LIABILITIES)/ASSETS

(19,122

)

72,113

TOTAL ASSETS LESS CURRENT LIABILITIES

1,366,274

1,463,168

CREDITORS

Amounts falling due after more than one year

7

-

130,000

NET ASSETS

1,366,274

1,333,168

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

1,366,174

1,333,068

SHAREHOLDERS' FUNDS

1,366,274

1,333,168

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 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 23 August 2018 and were signed on its behalf by:

M J Newman - Director

1.	STATUTORY INFORMATION

Bluebell Care Homes 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

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 36 (2017 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2017

1,796,844

290,635

2,087,479

Additions

-

28,720

28,720

At 31 March 2018

1,796,844

319,355

2,116,199

DEPRECIATION

At 1 April 2017

426,054

270,370

696,424

Charge for year

28,980

5,399

34,379

At 31 March 2018

455,034

275,769

730,803

NET BOOK VALUE

At 31 March 2018

1,341,810

43,586

1,385,396

At 31 March 2017

1,370,790

20,265

1,391,055

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

11,874

3,307

Other debtors

5,486

113

17,360

3,420

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

-

6,449

Trade creditors

21,146

15,588

Taxation and social security

45,680

85,843

Other creditors

159,767

23,569

226,593

131,449

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors

-

130,000

8.

RESERVES

Retained

earnings

£

At 1 April 2017

1,333,068

Profit for the year

178,706

Dividends

(145,600

)

At 31 March 2018

1,366,174

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Other creditors due after one year includes a loan of £130,000 (2017: £130,000) from K S Lewis, a director.

Interest is charged at 10% (2017: 10%) on the outstanding balance and there are no fixed repayment terms.

During the year interest totalling £13,000 (2017: £20,125) was paid to K S Lewis.

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of K S Lewis.