Registered Number 05279990

ABBEY HEALTH CARE LIMITED

Abbreviated Accounts

31 March 2016

ABBEY HEALTH CARE LIMITED Registered Number 05279990

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 - 6,417
Tangible assets 3 1,434,909 1,472,824
Investments 4 - 961,945
1,434,909 2,441,186
Current assets
Debtors 10,188 916,370
Cash at bank and in hand 5,546 27,740
15,734 944,110
Creditors: amounts falling due within one year 5 (275,986) (625,253)
Net current assets (liabilities) (260,252) 318,857
Total assets less current liabilities 1,174,657 2,760,043
Creditors: amounts falling due after more than one year 5 (1,242,887) (2,535,132)
Provisions for liabilities (6,679) (6,679)
Total net assets (liabilities) (74,909) 218,232
Capital and reserves
Called up share capital 6 100 100
Profit and loss account (75,009) 218,132
Shareholders' funds (74,909) 218,232
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 February 2017

And signed on their behalf by:
Mrs R Persand, Director

ABBEY HEALTH CARE LIMITED Registered Number 05279990

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

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

Land and buildings - 2% on cost
Plant and machinery etc - 15% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Other accounting policies
Going concern
The directors have given aqn undertaking that they will not draw on their Directors Loan Accounts until such time as the Company recovers from the loss incurred on the disposal of its Subsidiary company.

2Intangible fixed assets
£
Cost
At 1 April 2015 110,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 110,000
Amortisation
At 1 April 2015 103,583
Charge for the year 6,417
On disposals -
At 31 March 2016 110,000
Net book values
At 31 March 2016 0
At 31 March 2015 6,417
3Tangible fixed assets
£
Cost
At 1 April 2015 1,881,433
Additions 2,850
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,884,283
Depreciation
At 1 April 2015 408,609
Charge for the year 40,765
On disposals -
At 31 March 2016 449,374
Net book values
At 31 March 2016 1,434,909
At 31 March 2015 1,472,824

4Fixed assets Investments
Investments other than loans
Cost brought forward £961,485.
Macari Homes Limited (100% owned subsidiary) was put into liquidation February 2016 and the assets were subsequently sold in June 2016.

5Creditors
2016
£
2015
£
Secured Debts 629,583 2,194,962
Instalment debts due after 5 years 407,174 1,706,999
6Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
50 A Ordinary shares of £1 each 50 50
50 B Ordinary shares of £1 each 50 50