Abbey Care Limited - Accounts to registrar

REGISTERED NUMBER: 05475306 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Abbey Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Sahadew

Mrs H Sahadew

SECRETARY:

D Sahadew

REGISTERED OFFICE:

1 Cavell Close

Apley

Telford

Shropshire

TF1 6DB

REGISTERED NUMBER:

05475306 (England and Wales)

FIXED ASSETS

Investment property

3

231,859

-

CURRENT ASSETS

Debtors

4

1,205

-

Cash at bank

48,692

287,161

49,897

287,161

CREDITORS

Amounts falling due within one year

5

14,786

11,315

NET CURRENT ASSETS

35,111

275,846

TOTAL ASSETS LESS CURRENT
LIABILITIES

266,970

275,846

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

7

266,870

275,746

SHAREHOLDERS' FUNDS

266,970

275,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 May 2017 and were
signed on its behalf by:

D Sahadew - Director

1.	STATUTORY INFORMATION

Abbey Care 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit

arising from changes in fair value is recognised in profit or loss.

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 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.

Turnover

Turnover relates to the amount of rent receivable during the period. The company is not vat

registered.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

231,859

At 31 March 2017

231,859

NET BOOK VALUE

At 31 March 2017

231,859

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Other debtors

1,205

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Other creditors

14,786

11,315

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

100

Ordinary

£1

100

7.

RESERVES

Retained

earnings

£

At 1 April 2016

275,746

Deficit for the year

(8,876

)

At 31 March 2017

266,870