Registered Number NI034858
CARE (NORTHERN IRELAND) LTD
Abbreviated Accounts
30 September 2014
Notes | 2014 | 2013 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|
||
Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year | 3 |
( |
( |
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year | 3 |
( |
( |
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Revaluation reserve |
|
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The company has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small company.
Turnover policy
Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value f each asset over its expected useful life, as follows:
Land and buildings - nil
Plant and machinery - 25% Straight Line
Fixtures, fittings
and equipment - 25% Reducing Balance
Motor Vehicles - 25% Straight Line
Other accounting policies
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorted of the lease term and their useful lives. Obligations under such agreement are included in creditors net of the finance charge allocate to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis on the lease term.
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
The regular cost of providing retirement and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.
Taxation
Corporation tax is calculated on the results for the year. Tax deferred as a result of timing differences between accounting and taxation profits is provided for in full in respect of deferred tax liabilities. Such provision or recognition is made at the taxation rate at which difference are expected to reverse, based on tax rates and laws that have been enacted substantively enacted by the balance sheet date. Deferred tax assets are recognised to the extent that they are regarded as recoverable.
£ | |
---|---|
Cost | |
At 1 October 2013 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 30 September 2014 |
|
Depreciation | |
At 1 October 2013 |
|
Charge for the year |
|
On disposals |
( |
At 30 September 2014 |
|
Net book values | |
At 30 September 2014 | 1,084,405 |
At 30 September 2013 | 1,079,562 |
2014
£ |
2013
£ |
|
---|---|---|
Secured Debts |
|
|