Abbey Nursing & Care Agency Limited

Registered number

03935612

Unaudited Filleted Accounts

31 March 2017

Abbey Nursing & Care Agency Limited
Registered number:		03935612
Balance Sheet
as at 31 March 2017

Notes			2017			2016
£				£
Fixed assets
Tangible assets	2		5,038			5,066

Current assets
Debtors	3	16,877			53,071
Cash at bank and in hand		42,107			63,092
		58,984			116,163

Creditors: amounts falling due within one year	4	(30,291)			(59,375)

Net current assets			28,693			56,788

Total assets less current liabilities			33,731			61,854


Provisions for liabilities			(957)			(1,013)


Net assets			32,774			60,841

Capital and reserves
Called up share capital			100			100
Profit and loss account			32,674			60,741

Shareholders' funds			32,774			60,841

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs K Pearson
Director
Approved by the board on 31 July 2017

Abbey Nursing & Care Agency Limited
Notes to the Accounts
for the year ended 31 March 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Plant and machinery	25% per annum straight line
	Motor vehicles	25% per annum reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2016	72,442		9,893		82,335
	Additions	2,778		-		2,778
	At 31 March 2017	75,220		9,893		85,113

	Depreciation
	At 1 April 2016	70,441		6,828		77,269
	Charge for the year	2,165		641		2,806
	At 31 March 2017	72,606		7,469		80,075

	Net book value
	At 31 March 2017	2,614		2,424		5,038
	At 31 March 2016	2,001		3,065		5,066


3	Debtors			2017		2016
£					£

	Trade debtors			16,877		53,071


4	Creditors: amounts falling due within one year			2017		2016
£					£

	Corporation tax			11,976		22,186
	Other taxes and social security costs			5,704		5,127
	Other creditors			12,611		32,062
				30,291		59,375


5	Other information

	Abbey Nursing & Care Agency Limited is a private company limited by shares and incorporated in England. Its registered office is:
	109 Washway Road
	Sale
	Cheshire
	M33 7TY