ABC CARE HOME LTD

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 05460578

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		894,455		894,455

			894,455		894,455
CURRENT ASSETS
Debtors	5	42,384		20,000
Cash at bank and in hand		26,629		33,537

		69,013		53,537
Creditors: Amounts Falling Due Within One Year	6	(65,595 )		(45,733 )

NET CURRENT ASSETS (LIABILITIES)			3,418		7,804

TOTAL ASSETS LESS CURRENT LIABILITIES			897,873		902,259

Creditors: Amounts Falling Due After More Than One Year	7		(879,492 )		(884,809 )

NET ASSETS			18,381		17,450

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			18,379		17,448

SHAREHOLDERS' FUNDS			18,381		17,450

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ABC CARE HOME LTD

Balance Sheet (continued)

As at 31 May 2017

For the year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr NAZIRBABU BALAKRISHNAN

1st February 2018

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. 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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

894455

2. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 June 2016	894,455

As at 31 May 2017	894,455

Net Book Value
As at 31 May 2017	894,455

As at 1 June 2016	894,455

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ABC CARE HOME LTD

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 May 2017

5. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	42,384	-
Other debtors	-	20,000

	42,384	20,000

6. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	52,005	3,000
Corporation tax	13,590	12,142
Director's loan account	-	30,591

	65,595	45,733

7. Creditors: Amounts Falling Due After More Than One Year

	2017	2016
	£	£
Bank loans	879,492	884,809

8. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	2	2	2

9. General Information

ABC CARE HOME LTD is a private company, limited by shares, incorporated in England & Wales, registered number 05460578. The registered office is 120 PARSONS MEAD, WEST CROYDON, SURREY, CR0 3SL.

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