REGISTERED NUMBER: SC167762 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Able Care Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S Elliot

Mr A G Morrison

Mr E V Morrison

SECRETARY:

Mrs C A Morrison

REGISTERED OFFICE:

60 Seafield Road

Inverness

Inverness-shire

IV1 1SG

REGISTERED NUMBER:

SC167762 (Scotland)

ACCOUNTANTS:

Innes and Partners Limited

T/A RWM & KM MacKenzie & Co

Geanies House

Tain

Highland

IV20 1TW

FIXED ASSETS

Tangible assets

2

126,299

154,651

CURRENT ASSETS

Stocks

117,199

190,553

Debtors

356,260

381,947

Cash at bank and in hand

158,531

99,327

631,990

671,827

CREDITORS

Amounts falling due within one year

460,016

548,820

NET CURRENT ASSETS

171,974

123,007

TOTAL ASSETS LESS CURRENT LIABILITIES

298,273

277,658

CREDITORS

Amounts falling due after more than one year

(34,300

)

(49,678

)

PROVISIONS FOR LIABILITIES

(18,003

)

(21,103

)

NET ASSETS

245,970

206,877

CAPITAL AND RESERVES

Called up share capital

3

10,000

10,000

Profit and loss account

235,970

196,877

SHAREHOLDERS' FUNDS

245,970

206,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 9 January 2017 and were signed on its behalf by:

Mr S Elliot - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

at variable rates on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2015

31,807

35,038

260,209

327,054

Additions

520

-

21,373

21,893

Disposals

-

-

(72,486

)

(72,486

)

At 31 August 2016

32,327

35,038

209,096

276,461

DEPRECIATION

At 1 September 2015

17,851

22,998

131,554

172,403

Charge for year

1,864

447

32,538

34,849

Eliminated on disposal

-

-

(57,090

)

(57,090

)

At 31 August 2016

19,715

23,445

107,002

150,162

NET BOOK VALUE

At 31 August 2016

12,612

11,593

102,094

126,299

At 31 August 2015

13,956

12,040

128,655

154,651

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

NIL

Ordinary Shares

£1

-

10,000

5,000

Class A Ordinary

£1

5,000

-

5,000

Class B Ordinary

£1

5,000

-

10,000

10,000