Able 2 Occupational Therapy Services Ltd - Accounts to registrar (filleted) - small 18.2

Able 2 Occupational Therapy Services Ltd - Accounts to registrar (filleted) - small 18.2

ABLE 2 OCCUPATIONAL THERAPY SERVICES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.3.0.592 06684049 director 1.11.17 31.10.18 31.10.18 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure066840492017-10-31066840492018-10-31066840492017-11-012018-10-31066840492016-10-31066840492016-11-012017-10-31066840492017-10-3106684049ns15:EnglandWales2017-11-012018-10-3106684049ns14:PoundSterling2017-11-012018-10-3106684049ns10:Director12017-11-012018-10-3106684049ns10:PrivateLimitedCompanyLtd2017-11-012018-10-3106684049ns10:SmallEntities2017-11-012018-10-3106684049ns10:AuditExempt-NoAccountantsReport2017-11-012018-10-3106684049ns10:SmallCompaniesRegimeForDirectorsReport2017-11-012018-10-3106684049ns10:SmallCompaniesRegimeForAccounts2017-11-012018-10-3106684049ns10:AbridgedAccounts2017-11-012018-10-310668404912017-11-012018-10-3106684049ns10:CompanySecretary12017-11-012018-10-3106684049ns10:RegisteredOffice2017-11-012018-10-3106684049ns5:CurrentFinancialInstruments2017-10-3106684049ns5:CurrentFinancialInstruments2018-10-3106684049ns5:ShareCapital2017-10-3106684049ns5:ShareCapital2018-10-3106684049ns5:RetainedEarningsAccumulatedLosses2017-10-3106684049ns5:RetainedEarningsAccumulatedLosses2018-10-3106684049ns5:NetGoodwill2017-11-012018-10-3106684049ns5:LandBuildings2017-11-012018-10-3106684049ns5:PlantMachinery2017-11-012018-10-31


REGISTERED NUMBER: 06684049 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2018

FOR

ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED
ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED (REGISTERED NUMBER: 06684049)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2018







DIRECTOR: Miss M. J. Butler





SECRETARY: Mr A. Ridgway





REGISTERED OFFICE: 1 Faraday Drive
Stourbridge Road
Bridgnorth
Shropshire
WV15 5BA





REGISTERED NUMBER: 06684049 (England and Wales)





ACCOUNTANTS: Stanton Ralph & Co Limited
Chartered Accountants
The Old Police Station
Whitburn Street
Bridgnorth
Shropshire
WV16 4QP
Page 1
ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED (REGISTERED NUMBER: 06684049)

ABRIDGED BALANCE SHEET
31ST OCTOBER 2018

31.10.17 31.10.18
£    £    Notes £    £   
FIXED ASSETS
- Intangible assets 4 -
36,662 Tangible assets 5 38,995
36,662 38,995

CURRENT ASSETS
161,412 Stocks 146,025
162,276 Debtors 234,082
122,948 Cash at bank and in hand 186,436
446,636 566,543
CREDITORS
167,803 Amounts falling due within one year 184,942
278,833 NET CURRENT ASSETS 381,601
315,495 TOTAL ASSETS LESS CURRENT
LIABILITIES
420,596

4,325 PROVISIONS FOR LIABILITIES 4,925
311,170 NET ASSETS 415,671

CAPITAL AND RESERVES
1 Called up share capital 1
311,169 Retained earnings 415,670
311,170 SHAREHOLDERS' FUNDS 415,671

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 notes form part of these financial statements

Page 2
ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED (REGISTERED NUMBER: 06684049)

ABRIDGED BALANCE SHEET - continued
31ST OCTOBER 2018


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 Balance Sheet for the year ended 31st October 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 21st December 2018 and were signed by:





Miss M. J. Butler - Director


The notes form part of these financial statements

Page 3
ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED (REGISTERED NUMBER: 06684049)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2018

1. STATUTORY INFORMATION

Able 2 Occupational Therapy Services 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 services, excluding value added tax.

Goodwill
Goodwill which has been fully amortised was the amount paid in connection with the acquisition of a business in
2008.

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 - 10% on cost
Plant and machinery etc - 15% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.

Page 4
ABLE 2 OCCUPATIONAL THERAPY SERVICES
LIMITED (REGISTERED NUMBER: 06684049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2018

2. ACCOUNTING POLICIES - continued

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 - 44 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2017
and 31st October 2018 63,973
AMORTISATION
At 1st November 2017
and 31st October 2018 63,973
NET BOOK VALUE

At 31st October 2018 -
At 31st October 2017 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2017 147,710
Additions 16,671
At 31st October 2018 164,381
DEPRECIATION
At 1st November 2017 111,048
Charge for year 14,338
At 31st October 2018 125,386
NET BOOK VALUE
At 31st October 2018 38,995
At 31st October 2017 36,662

6. OTHER FINANCIAL COMMITMENTS

At 31 October 2018 the company had lease commitments of £60,000 payable over the next four years (2017
£75,000 over five years).

Page 5