Care By Design Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05921017 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2018

for

Care By Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A B Nisbet

SECRETARY:

Mr P Curtis

REGISTERED OFFICE:

271 Derby Road

Sandiacre

Nottingham

NG10 5HF

REGISTERED NUMBER:

05921017 (England and Wales)

ACCOUNTANTS:

Haines Watts

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

CURRENT ASSETS

Debtors

5

28,281

28,424

Cash at bank

1,722

6

30,003

28,430

CREDITORS

Amounts falling due within one year

6

29,497

28,357

NET CURRENT ASSETS

506

73

TOTAL ASSETS LESS CURRENT LIABILITIES

506

73

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

505

72

SHAREHOLDERS' FUNDS

506

73

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

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

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 director on 29 January 2019 and were signed by:

Mrs A B Nisbet - Director

1.	STATUTORY INFORMATION

Care By Design 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.

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 the value of services provided under contracts to the extent there is a right to the consideration and is

recorded at the value of the consideration due.

Where the contract has only been partially completed at the balance sheet date turnover represents the value of the services

provided to date based on a proportion of the total expected consideration at completion.

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 25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2017

and 31 August 2018

7,926

DEPRECIATION

At 1 September 2017

and 31 August 2018

7,926

NET BOOK VALUE

At 31 August 2018

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade debtors

-

2,040

Other debtors

28,281

26,384

28,281

28,424

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Bank loans and overdrafts

4,513

5,001

Trade creditors

1,636

1,041

Taxation and social security

21,433

20,390

Other creditors

1,915

1,925

29,497

28,357

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2018 and 31 August 2017:

31.8.18

31.8.17

£

£

Mrs A B Nisbet

Balance outstanding at start of year

20,440

11,229

Amounts advanced

67,132

60,424

Amounts repaid

(67,134

)

(51,213

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,438

20,440

Interest has been charged at 2.5% on the overdrawn loan account.