Veecare Homes Ltd
|
Registered number: |
06006488
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
669,960 |
|
|
707,180 |
Tangible assets |
3 |
|
|
1,719,574 |
|
|
1,777,398 |
|
|
|
|
2,389,534 |
|
|
2,484,578 |
|
Current assets |
Debtors |
|
|
3,072 |
|
|
9,800 |
Cash at bank and in hand |
|
|
53,189 |
|
|
20,015 |
|
|
|
56,261 |
|
|
29,815 |
|
Creditors: amounts falling due within one year |
|
|
(1,377) |
|
|
(1,377) |
|
Net current assets |
|
|
|
54,884 |
|
|
28,438 |
|
Total assets less current liabilities |
|
|
|
2,444,418 |
|
|
2,513,016 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(2,435,048) |
|
|
(2,538,385) |
|
|
|
Net assets/(liabilities) |
|
|
|
9,370 |
|
|
(25,369) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
9,270 |
|
|
(25,469) |
|
Shareholders' funds |
|
|
|
9,370 |
|
|
(25,369) |
|
|
|
|
|
|
|
|
The directors are 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 directors acknowledge their 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Baldev Krishan Sohal |
Director |
Approved by the board on 13 December 2016
|
|
Veecare Homes Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
0 |
|
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
0
|
|
0 |
|
|
0
|
|
|
Stocks |
|
#REF! |
|
|
Deferred taxation |
|
#REF! |
|
|
Foreign currencies |
|
#REF! |
|
|
Leasing and hire purchase commitments |
|
#REF! |
|
|
Pensions |
|
Pensions |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
Additions |
744,400 |
|
At 31 March 2016 |
744,400 |
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the year |
37,220 |
|
On disposals |
37,220 |
|
At 31 March 2016 |
74,440 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
669,960 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
1,835,222 |
|
At 31 March 2016 |
1,835,222 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
57,824 |
|
Surplus on revaluation |
57,824 |
|
At 31 March 2016 |
115,648 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
1,719,574 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
0
|
- |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
200 |
|
200 |
|
|
|
|
|
|
|
|
|