REGISTERED NUMBER: 05014073 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2017

for

A1 Nursing & Homecare Agency Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P McSorley

Mrs H.M McSorley

SECRETARY:

Mrs H.M McSorley

REGISTERED OFFICE:

41 Bridgeman Terrace

Wigan

Lancashire

WN1 1TT

REGISTERED NUMBER:

05014073 (England and Wales)

ACCOUNTANTS:

HullJady

Chartered Accountants

41 Bridgeman Terrace

Wigan

United Kingdom

Lancashire

WN1 1TT

FIXED ASSETS

Intangible assets

4

10,856

13,570

Tangible assets

5

19,866

25,964

30,722

39,534

CURRENT ASSETS

Debtors

6

324,416

304,811

Cash in hand

553

331

324,969

305,142

CREDITORS

Amounts falling due within one year

7

338,536

337,307

NET CURRENT LIABILITIES

(13,567

)

(32,165

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,155

7,369

CREDITORS

Amounts falling due after more than one year

8

(12,497

)

(831

)

PROVISIONS FOR LIABILITIES

(3,428

)

(4,637

)

NET ASSETS

1,230

1,901

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,130

1,801

SHAREHOLDERS' FUNDS

1,230

1,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 10 July 2017 and were signed on its behalf by:

J P McSorley - Director

1.	STATUTORY INFORMATION

A1 Nursing & Homecare Agency 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 net invoiced sales of services, excluding VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised at

20% reducing balance basis each year.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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 110 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 6 April 2016

and 5 April 2017

64,700

AMORTISATION

At 6 April 2016

51,130

Charge for year

2,714

At 5 April 2017

53,844

NET BOOK VALUE

At 5 April 2017

10,856

At 5 April 2016

13,570

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 6 April 2016

and 5 April 2017

934

22,655

112,088

135,677

DEPRECIATION

At 6 April 2016

408

21,616

87,689

109,713

Charge for year

132

259

5,707

6,098

At 5 April 2017

540

21,875

93,396

115,811

NET BOOK VALUE

At 5 April 2017

394

780

18,692

19,866

At 5 April 2016

526

1,039

24,399

25,964

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.17

5.4.16

£

£

Trade debtors

198,924

209,497

Other debtors

1,101

1,154

Corporation Tax Debtor

26,928

19,513

Directors' current accounts

97,463

74,647

324,416

304,811

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.17

5.4.16

£

£

Bank loans and overdrafts

34,267

63,900

Trade creditors

7,937

6,369

Tax

13,840

29,388

Social security and other taxes

57,968

41,994

NEST creditor

1,313

1,061

Credit card

-

450

Wages creditor

68,928

58,964

Factoring advance

152,294

133,211

Attachment

188

169

Accrued expenses

1,801

1,801

338,536

337,307

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.17

5.4.16

£

£

Bank loans - 1-2 years

12,497

831

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 5 April 2017 and 5 April 2016:

5.4.17

5.4.16

£

£

J P McSorley and Mrs H.M McSorley

Balance outstanding at start of year

74,647

48,435

Amounts advanced

58,010

76,212

Amounts repaid

(35,195

)

(50,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

97,462

74,647

Interest has been charged on the overdrawn directors loan at a rate of 3%.

10.	RELATED PARTY DISCLOSURES

During the year a dividend of £19,000 was paid to the directors Mr John McSorley and Mrs Helen McSorley.