Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Blagreaves Care Home Limited
Contents
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Blagreaves Care Home Limited
(Registration number: 06478523)
Abbreviated Balance Sheet at 31 July 2016
Note |
31 July 2016
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31 July 2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current (liabilities)/assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net (liabilities)/assets |
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Capital and reserves |
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Called up share capital |
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Capital redemption reserve |
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- |
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Profit and loss account |
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Shareholders' (deficit)/funds |
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1
Blagreaves Care Home Limited
(Registration number: 06478523)
Abbreviated Balance Sheet at 31 July 2016
......... continued
Approved by the director on
.........................................
R Purmessur
Director
2
Blagreaves Care Home Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on the continued support of the directors/other creditors not requiring the withdrawal of monies owed to them until sufficient funds are available.
If the company were unable to trade, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.
Turnover
Government grants
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Tangible fixed assets are initially recorded at cost. Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Freehold land and buildings |
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Fixtures, fittings and equipment |
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Office equipment |
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Stock
Blagreaves Care Home Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued
Deferred tax
Hire purchase and leasing
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 August 2015 |
120,000 |
565,698 |
685,698 |
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Additions |
- |
5,096 |
5,096 |
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At 31 July 2016 |
120,000 |
570,794 |
690,794 |
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Depreciation |
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At 1 August 2015 |
44,000 |
81,447 |
125,447 |
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Charge for the year |
6,000 |
16,128 |
22,128 |
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At 31 July 2016 |
50,000 |
97,575 |
147,575 |
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Net book value |
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At 31 July 2016 |
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At 31 July 2015 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
31 July 2016
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31 July 2015
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Amounts falling due within one year |
54,675 |
30,560 |
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Amounts falling due after more than one year |
342,836 |
56,785 |
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Total secured creditors |
397,511 |
87,345 |
Blagreaves Care Home Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
31 July 2016 |
31 July 2015 |
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No. |
£ |
No. |
£ |
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Purchase of own shares |
During the year the company purchased
During the year the company purchased
Related party transactions |
Directors' advances and credits |
Year ended 31 July 2016 |
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1 April 2014 to 31 July 2015 |
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R Purmessur |
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( |
(75,480) |
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76,000 |
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( |
(92,108) |
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22,474 |
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(69,114) |
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