05860966 2015-08-01 false true 2016-07-312016-07-31 05860966 2015-08-01 2016-07-31 05860966 2016-07-31 05860966 2015-07-31 05860966 2015-08-01 2016-07-31 05860966 2016-07-31 05860966 2015-07-31 05860966 c:FixturesFittingsToolsEquipment 2015-08-01 2016-07-31 05860966 d:OrdinaryShareClass1 2016-07-31 05860966 d:OrdinaryShareClass1 2015-07-31 05860966 d:OrdinaryShareClass1 2015-08-01 2016-07-31 05860966 d:Director2 2015-08-01 2016-07-31 05860966 c:OfficeEquipment 2015-08-01 2016-07-31 05860966 c:PlantMachinery 2015-08-01 2016-07-31 05860966 c:LandBuildings c:LongLeaseholdProperties 2015-08-01 2016-07-31 05860966 c:ProvisionsForDeferredTaxation 2015-07-31 xbrli:shares iso4217:GBP

Registered number: 05860966









ABLECARE ( HELSTON) LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

 
ABLECARE ( HELSTON) LIMITED
REGISTERED NUMBER: 05860966

ABBREVIATED BALANCE SHEET
AS AT 31 JULY 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
17,647
22,610
 
CURRENT ASSETS





 
Debtors
3
184,814
158,932

 
Cash at bank and in hand

59,099
8,284







 
243,913
167,216
 
CREDITORS: amounts falling due within one year
(103,633)
(54,094)
 
NET CURRENT ASSETS


140,280

113,122
 
TOTAL ASSETS LESS CURRENT LIABILITIES
157,927
135,732
 
PROVISIONS FOR LIABILITIES





 
Deferred tax
(3,530)
(3,753)

NET ASSETS




 154,397


 131,979
  
CAPITAL AND RESERVES

 
Called up share capital
4
100
100
 
Profit and loss account
154,297
131,879
 
SHAREHOLDERS' FUNDS
 

 154,397

 131,979


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 July 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.


Page 1

 
ABLECARE ( HELSTON) LIMITED
 
    
ABBREVIATED BALANCE SHEET (continued)
AS AT 31 JULY 2016

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 31 March 2017.






___________________________
Mr D McInulty
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
ABLECARE ( HELSTON) LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016

1.ACCOUNTING POLICIES

1.1
BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
TURNOVER

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
TANGIBLE FIXED ASSETS AND DEPRECIATION

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

L/Term Leasehold Property
-
10% reducing balance
Plant & machinery
-
25% reducing balance
Fixtures & fittings
-
25% reducing balance
Office equipment
-
33% straight line

1.4
OPERATING LEASES

Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the period until the date the rent is expected to be adjusted to the prevailing market rate.

1.5
DEFERRED TAXATION

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.
Deferred tax assets and liabilities are not discounted.

Page 3

 
ABLECARE ( HELSTON) LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016

2.TANGIBLE FIXED ASSETS



£


COST 


At 1 August 2015
97,848

Additions
918


At 31 July 2016

98,766



DEPRECIATION


At 1 August 2015
75,238

Charge for the year
5,881


At 31 July 2016

81,119




NET BOOK VALUE


At 31 July 2016
 17,647


At 31 July 2015

 22,610

 
3.DEBTORS
 

Included in other debtors is £156,748 owed by a partnership in which the Directors and Shareholders are also partners.  Interest of 3% is charged on the outstanding balance.  Also included in other debtors is , £21,000 owed by Ablecare (Torquay) Ltd anD £8,078 owed by Ablecare (Menwinnion) Ltd associated companies.
 

4.SHARE CAPITAL
        2016
        2015
        £

        £

ALLOTTED, CALLED UP AND FULLY PAID



100 Ordinary shares of £1 each
 100
 100

Page 4