IRIS Accounts Production v17.2.0.336 04806313 Board of Directors 1.4.16 31.3.17 31.3.17 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure048063132016-03-31048063132017-03-31048063132016-04-012017-03-31048063132015-03-31048063132015-04-012016-03-31048063132016-03-3104806313ns15:EnglandWales2016-04-012017-03-3104806313ns14:PoundSterling2016-04-012017-03-3104806313ns10:Director12016-04-012017-03-3104806313ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3104806313ns10:SmallEntities2016-04-012017-03-3104806313ns10:AuditExemptWithAccountantsReport2016-04-012017-03-3104806313ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3104806313ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3104806313ns10:FullAccounts2016-04-012017-03-310480631312016-04-012017-03-3104806313ns10:Director22016-04-012017-03-3104806313ns10:RegisteredOffice2016-04-012017-03-3104806313ns5:CurrentFinancialInstruments2017-03-3104806313ns5:CurrentFinancialInstruments2016-03-3104806313ns5:ShareCapital2017-03-3104806313ns5:ShareCapital2016-03-3104806313ns5:RetainedEarningsAccumulatedLosses2017-03-3104806313ns5:RetainedEarningsAccumulatedLosses2016-03-3104806313ns5:NetGoodwill2016-04-012017-03-3104806313ns5:IntangibleAssetsOtherThanGoodwill2016-04-012017-03-3104806313ns5:NetGoodwill2016-03-3104806313ns5:NetGoodwill2017-03-3104806313ns5:NetGoodwill2016-03-3104806313ns5:LongLeaseholdAssetsns5:LandBuildings2016-03-3104806313ns5:FurnitureFittings2016-03-3104806313ns5:ComputerEquipment2016-03-3104806313ns5:LongLeaseholdAssetsns5:LandBuildings2016-04-012017-03-3104806313ns5:FurnitureFittings2016-04-012017-03-3104806313ns5:ComputerEquipment2016-04-012017-03-3104806313ns5:LongLeaseholdAssetsns5:LandBuildings2017-03-3104806313ns5:FurnitureFittings2017-03-3104806313ns5:ComputerEquipment2017-03-3104806313ns5:LongLeaseholdAssetsns5:LandBuildings2016-03-3104806313ns5:FurnitureFittings2016-03-3104806313ns5:ComputerEquipment2016-03-3104806313ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3104806313ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-31


REGISTERED NUMBER: 04806313 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Abbey Nursing Home (Wales) Limited

Abbey Nursing Home (Wales) Limited (Registered number: 04806313)






Contents of the Financial Statements
for the year ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Abbey Nursing Home (Wales) Limited

Company Information
for the year ended 31 March 2017







DIRECTORS: Mrs M Haydon
J C Haydon





REGISTERED OFFICE: 81 Abbey Road
Llandudno
Conwy
LL30 2EH





REGISTERED NUMBER: 04806313 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD

Abbey Nursing Home (Wales) Limited (Registered number: 04806313)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 31,858
- 31,858

CURRENT ASSETS
Debtors 6 266,813 271,432
Cash at bank and in hand 7,810 52,867
274,623 324,299
CREDITORS
Amounts falling due within one year 7 221,146 230,196
NET CURRENT ASSETS 53,477 94,103
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,477

125,961

PROVISIONS FOR LIABILITIES - 5,165
NET ASSETS 53,477 120,796

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 53,277 120,596
SHAREHOLDERS' FUNDS 53,477 120,796

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.

Abbey Nursing Home (Wales) Limited (Registered number: 04806313)

Balance Sheet - continued
31 March 2017


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 26 July 2017 and were signed on its behalf by:





J C Haydon - Director


Abbey Nursing Home (Wales) Limited (Registered number: 04806313)

Notes to the Financial Statements
for the year ended 31 March 2017

1. STATUTORY INFORMATION

Abbey Nursing Home (Wales) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 invoiced services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business, has been amortised over its
estimated useful life.

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
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original
purchase price of the asset and the costs attributable to bringing the asset to its working condition for
its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings - 15% reducing balance
Computer equipment - 25% 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.

Abbey Nursing Home (Wales) Limited (Registered number: 04806313)

Notes to the Financial Statements - continued
for the year ended 31 March 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 163,450
AMORTISATION
At 1 April 2016
and 31 March 2017 163,450
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2016 1,543 91,971 5,508 99,022
Additions - 388 1,065 1,453
Disposals (1,543 ) (92,359 ) (6,573 ) (100,475 )
At 31 March 2017 - - - -
DEPRECIATION
At 1 April 2016 77 62,342 4,745 67,164
Charge for year 16 4,502 457 4,975
Eliminated on disposal (93 ) (66,844 ) (5,202 ) (72,139 )
At 31 March 2017 - - - -
NET BOOK VALUE
At 31 March 2017 - - - -
At 31 March 2016 1,466 29,629 763 31,858

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors - 22,507
Other debtors 266,813 248,925
266,813 271,432

Abbey Nursing Home (Wales) Limited (Registered number: 04806313)

Notes to the Financial Statements - continued
for the year ended 31 March 2017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors - 2,125
Taxation and social security - 5,270
Other creditors 221,146 222,801
221,146 230,196

8. PARENT COMPANY

The company is a 100% subsidiary of Abbey 2011 Limited. The registered office of the parent is 19 Trinity
Square, Llandudno, Conwy, LL30 2RD.

9. FIRST YEAR ADOPTION

For periods up to and including the year ended 31 March 2016, the company prepared its financial
statements in accordance with UK Generally Accepted Accounting Practice ("UK GAAP"). These financial
statements for the year ended 31 March 2017 are the first the Company has prepared in accordance with FRS
102 Section 1A. The Company's deemed transition date to FRS 102 was 1 April 2015. No transitional
differences were noted.


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Abbey Nursing Home (Wales) Limited

The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Abbey Nursing Home (Wales) Limited for the year ended 31 March 2017 which comprise the
Income Statement, Balance Sheet, and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Abbey Nursing Home (Wales) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abbey Nursing Home (Wales) Limited and state those matters that we have agreed to state to the Board of Directors of Abbey Nursing Home (Wales) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbey Nursing Home (Wales) Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Abbey Nursing Home (Wales) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Abbey Nursing Home (Wales) Limited. You consider that Abbey Nursing Home (Wales) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Abbey Nursing Home (Wales) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


26 July 2017