Sunshine Homecare Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07170611 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

SUNSHINE HOMECARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs P M Hatton

Mr P Hatton

REGISTERED OFFICE:

1 School Lane

Wisbech

Cambridgeshire

PE13 1AW

REGISTERED NUMBER:

07170611 (England and Wales)

ACCOUNTANTS:

Bruch & Co Ltd

Chartered Accountants

& Tax Consultants

1 School Lane

Wisbech

Cambridgeshire

PE13 1AW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,596

14,129

10,596

14,129

CURRENT ASSETS

Debtors

6

78,785

79,362

Cash at bank

51,627

76,373

130,412

155,735

CREDITORS

Amounts falling due within one year

7

65,341

73,156

NET CURRENT ASSETS

65,071

82,579

TOTAL ASSETS LESS CURRENT LIABILITIES

75,667

96,708

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

75,567

96,608

SHAREHOLDERS' FUNDS

75,667

96,708

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 10 October 2018 and were signed on its behalf by:

Mrs P M Hatton - Director

1.	STATUTORY INFORMATION

Sunshine Homecare Ltd 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 a business in 2011, is being amortised evenly over its estimated useful life of five 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 41 (2017 - 46 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

20,000

AMORTISATION

At 1 April 2017

and 31 March 2018

20,000

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2017

and 31 March 2018

6,773

11,149

23,407

41,329

DEPRECIATION

At 1 April 2017

4,642

6,826

15,732

27,200

Charge for year

533

1,081

1,919

3,533

At 31 March 2018

5,175

7,907

17,651

30,733

NET BOOK VALUE

At 31 March 2018

1,598

3,242

5,756

10,596

At 31 March 2017

2,131

4,323

7,675

14,129

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

76,209

77,358

Prepayments

2,576

2,004

78,785

79,362

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

948

1,994

Tax

13,844

17,162

Social security and other taxes

8,802

10,677

Other creditors

39,855

41,597

Directors' current accounts

392

226

Accrued expenses

1,500

1,500

65,341

73,156