REGISTERED NUMBER: 06525754 (England and Wales)

ABACUS FAMILY CARE HOMES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S D Gray

Mrs A M Gray

SECRETARY:

S D Gray

REGISTERED OFFICE:

15 Warwick Road

Stratford upon Avon

Warwickshire

CV37 6YW

REGISTERED NUMBER:

06525754 (England and Wales)

ACCOUNTANTS:

Murphy Salisbury Limited

Chartered Accountants

15 Warwick Road

Stratford upon Avon

Warwickshire

CV37 6YW

FIXED ASSETS

Investments

2

2,300,000

2,300,000

CURRENT ASSETS

Debtors

3

1,898,753

14,830

Cash at bank

6,155

-

1,904,908

14,830

CREDITORS

Amounts falling due within one year

4

2,697,210

2,187,842

NET CURRENT LIABILITIES

(792,302

)

(2,173,012

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,507,698

126,988

CREDITORS

Amounts falling due after more than one year

1,366,250

-

NET ASSETS

141,448

126,988

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

141,348

126,888

SHAREHOLDERS' FUNDS

141,448

126,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

S D Gray - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Deferred tax

Full provision is made in respect of timing differences that have originated but not reversed at the balance sheet date.

Timing differences are differences between the company's taxable profits and its results as stated in the accounts. Deferred

tax is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing

differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted at the

balance sheet date. Deferred tax assets are only recognised where their recoverability in the short term is regarded as more

likely than not. Deferred tax is not provided on revalued assets unless a binding agreement to sell has been entered into

before the year

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2015

and 30 September 2016

2,300,000

NET BOOK VALUE

At 30 September 2016

2,300,000

At 30 September 2015

2,300,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Vauxian Hotels Ltd

Nature of business: Operation of a retirement home.

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

£

Aggregate capital and reserves

1,155,913

930,029

Profit for the year

437,183

260,699

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 1,898,753

4.

CREDITORS

Creditors include an amount of £ 2,695,710 (2015 - £ 1,692,826 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

6.	CONTROLLING INTEREST

The company is controlled by the directors SD and Mrs A M Gray by virtue of them owning 100% of the company's issued

share capital.