Caseware UK (AP4) 2016.0.181 2016.0.181 2017-03-312017-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2016-04-01 SC189982 2016-04-01 2017-03-31 SC189982 2017-03-31 SC189982 2016-03-31 SC189982 c:CompanySecretary1 2016-04-01 2017-03-31 SC189982 c:Director1 2016-04-01 2017-03-31 SC189982 c:Director3 2016-04-01 2017-03-31 SC189982 c:RegisteredOffice 2016-04-01 2017-03-31 SC189982 c:Agent1 2016-04-01 2017-03-31 SC189982 d:FurnitureFittings 2016-04-01 2017-03-31 SC189982 d:FurnitureFittings 2017-03-31 SC189982 d:FurnitureFittings 2016-03-31 SC189982 d:FurnitureFittings d:OwnedOrFreeholdAssets 2016-04-01 2017-03-31 SC189982 d:OfficeEquipment 2016-04-01 2017-03-31 SC189982 d:OfficeEquipment 2017-03-31 SC189982 d:OfficeEquipment 2016-03-31 SC189982 d:OfficeEquipment d:OwnedOrFreeholdAssets 2016-04-01 2017-03-31 SC189982 d:OwnedOrFreeholdAssets 2016-04-01 2017-03-31 SC189982 d:CopyrightsPatentsTrademarksServiceOperatingRights 2016-04-01 2017-03-31 SC189982 d:CopyrightsPatentsTrademarksServiceOperatingRights 2017-03-31 SC189982 d:CopyrightsPatentsTrademarksServiceOperatingRights 2016-03-31 SC189982 d:CurrentFinancialInstruments 2017-03-31 SC189982 d:CurrentFinancialInstruments 2016-03-31 SC189982 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 SC189982 d:CurrentFinancialInstruments d:WithinOneYear 2016-03-31 SC189982 d:ShareCapital 2017-03-31 SC189982 d:ShareCapital 2016-03-31 SC189982 d:RetainedEarningsAccumulatedLosses 2017-03-31 SC189982 d:RetainedEarningsAccumulatedLosses 2016-03-31 SC189982 c:FRS102 2016-04-01 2017-03-31 SC189982 c:AuditExempt-NoAccountantsReport 2016-04-01 2017-03-31 SC189982 c:FullAccounts 2016-04-01 2017-03-31 SC189982 c:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 iso4217:GBP xbrli:pure
Registered number: SC189982










MY CARE (TAYSIDE) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

 
MY CARE (TAYSIDE) LIMITED
 

COMPANY INFORMATION


Directors
Mr A J Price 
Mr N J Price 




Company secretary
James and George Collie LLP



Registered number
SC189982



Registered office
2 Golden Square

Aberdeen

AB10 1RD




Trading Address
2 Golden Square

Aberdeen

AB10 1RD






Accountants
EQ Accountants LLP
Chartered Accountants

14 City Quay

Dundee

DD1 3JA




Bankers
Bank of Scotland
39 Albyn Place

Aberdeen

AB10 1YN




Solicitors
James & George Collie
1 East Craibstone street

Bon Accord Square

Aberdeen

AB11 6YQ





 
MY CARE (TAYSIDE) LIMITED
REGISTERED NUMBER: SC189982

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2017

2017
2016
Note
£
£

Fixed assets
  

Intangible assets
 4 
199,763
299,645

Tangible assets
 5 
4,109
8,108

  
203,872
307,753

Current assets
  

Debtors: amounts falling due within one year
 6 
1,516,574
1,167,462

Cash at bank and in hand
  
341,919
229,283

  
1,858,493
1,396,745

Creditors: amounts falling due within one year
 7 
(226,283)
(142,052)

Net current assets
  
 
 
1,632,210
 
 
1,254,693

Total assets less current liabilities
  
1,836,082
1,562,446

Provisions for liabilities
  

Deferred tax
  
(424)
(1,164)

  
 
 
(424)
 
 
(1,164)

Net assets
  
1,835,658
1,561,282


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
1,835,656
1,561,280

  
1,835,658
1,561,282


Page 1

 
MY CARE (TAYSIDE) LIMITED
REGISTERED NUMBER: SC189982

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2017


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2017.



Mr N J Price
Director
The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MY CARE (TAYSIDE) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1.


General information

My Care (Tayside) Limited is a private company, limited by shares, domiciled in Scotalnd with a registration number S189982. The registered office and trading address is 2 Golden Square, Aberdeen, AB10 1RD.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
MY CARE (TAYSIDE) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

 
2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

 
2.6

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of income and retained earnings on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Interest income

Interest income is recognised in the Statement of income and retained earnings using the effective interest method.

Page 4

 
MY CARE (TAYSIDE) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the Statement of income and retained earnings in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of financial position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.10

Current taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2017
        2016
            No.
            No.







Employees
186
162

Page 5

 
MY CARE (TAYSIDE) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

4.


Intangible assets



Franchise buy-out costs

£



Cost


At 1 April 2016
399,527



At 31 March 2017

399,527



Amortisation


At 1 April 2016
99,882


Charge for the year
99,882



At 31 March 2017

199,764



Net book value



At 31 March 2017
199,763



At 31 March 2016
299,645


5.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2016
6,432
46,758
53,190


Additions
-
669
669



At 31 March 2017

6,432
47,427
53,859



Depreciation


At 1 April 2016
5,877
39,205
45,082


Charge for the year on owned assets
555
4,113
4,668



At 31 March 2017

6,432
43,318
49,750



Net book value



At 31 March 2017
-
4,109
4,109

Page 6

 
MY CARE (TAYSIDE) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

6.


Debtors

2017
2016
£
£


Trade debtors
135,295
82,540

Amounts owed by group undertakings
1,226,680
972,062

Other debtors
150
3,615

Prepayments and accrued income
154,449
109,245

1,516,574
1,167,462



7.


Creditors: Amounts falling due within one year

2017
2016
£
£

Trade creditors
4,564
3,852

Other taxation and social security
101,900
49,917

Other creditors
5,308
5,579

Accruals and deferred income
114,511
82,704

226,283
142,052



8.


Controlling party

The parent and ultimate parent undertaking is My Care (Grampian) Limited.


Page 7