Hicare Group (Properties) Ltd - Accounts to registrar (filleted) - small 18.2
Hicare Group (Properties) Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28 April 2018 |
for |
Hicare Group (Properties) Ltd |
Hicare Group (Properties) Ltd (Registered number: 04487661) |
Contents of the Financial Statements |
for the Year Ended 28 April 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Hicare Group (Properties) Ltd |
Company Information |
for the Year Ended 28 April 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Park House |
37 Clarence Street |
Leicester |
Leicestershire |
LE1 3RW |
Hicare Group (Properties) Ltd (Registered number: 04487661) |
Balance Sheet |
28 April 2018 |
28.4.18 | 28.4.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors on |
Hicare Group (Properties) Ltd (Registered number: 04487661) |
Notes to the Financial Statements |
for the Year Ended 28 April 2018 |
1. | STATUTORY INFORMATION |
Hicare Group (Properties) Ltd is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Tangible fixed assets |
Improvements to property | - |
Fixtures and fittings | - |
Motor vehicles | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Stocks |
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, |
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. |
Hicare Group (Properties) Ltd (Registered number: 04487661) |
Notes to the Financial Statements - continued |
for the Year Ended 28 April 2018 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | and | Motor |
property | fittings | vehicles | Totals |
£ | £ | £ | £ |
COST |
At 29 April 2017 |
and 28 April 2018 |
DEPRECIATION |
At 29 April 2017 |
Charge for year |
At 28 April 2018 |
NET BOOK VALUE |
At 28 April 2018 |
At 28 April 2017 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 29 April 2017 |
and 28 April 2018 |
NET BOOK VALUE |
At 28 April 2018 |
At 28 April 2017 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: 13b High View Close, Hamilton Office Park, Leicester, Leicestershire, LE4 9LJ |
Nature of business: |
% |
Class of shares: | holding |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.4.18 | 28.4.17 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
Hicare Group (Properties) Ltd (Registered number: 04487661) |
Notes to the Financial Statements - continued |
for the Year Ended 28 April 2018 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued |
Other debtors include prepayments and accrued income of £Nil (2017 £7,528). |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.4.18 | 28.4.17 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
Other creditors include accruals and deferred income of £2,500 (2017 £6,972). |
Obligations under finance lease and hire purchase contracts are secured against the assets to which they relate. |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the year ended 28 April 2018 and the period |
ended 28 April 2017: |
28.4.18 | 28.4.17 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
The loan is interest free and repayable on demand. |
9. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
transactions with wholly owned subsidiaries within the group. |