Burley House Healthcare Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06553493 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 31st March 2018

for

Burley House Healthcare Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

105,000

115,500

Tangible assets

5

237,779

230,391

342,779

345,891

CURRENT ASSETS

Stocks

750

750

Debtors

2,798

26,242

Cash at bank and in hand

207,977

145,441

211,525

172,433

CREDITORS

Amounts falling due within one year

107,721

44,182

NET CURRENT ASSETS

103,804

128,251

TOTAL ASSETS LESS CURRENT LIABILITIES

446,583

474,142

PROVISIONS FOR LIABILITIES

5,594

4,355

NET ASSETS

440,989

469,787

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

440,889

469,687

SHAREHOLDERS' FUNDS

440,989

469,787

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 12th December 2018 and were signed by:

Mrs C Kershaw-Guy - Director

1.	STATUTORY INFORMATION

Burley House Healthcare Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

06553493

Registered office:

350A Burley Road

Leeds

West Yorkshire

LS4 2NZ

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 2008, is being amortised evenly over its estimated useful life of twenty 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

-

33% on cost and 15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2017

and 31st March 2018

210,000

AMORTISATION

At 1st April 2017

94,500

Amortisation for year

10,500

At 31st March 2018

105,000

NET BOOK VALUE

At 31st March 2018

105,000

At 31st March 2017

115,500

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2017

281,714

Additions

16,300

At 31st March 2018

298,014

DEPRECIATION

At 1st April 2017

51,323

Charge for year

8,912

At 31st March 2018

60,235

NET BOOK VALUE

At 31st March 2018

237,779

At 31st March 2017

230,391

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C Kershaw-Guy.

The ultimate controlling party is Mrs C Kershaw-Guy.