Company Registration No. 05612212 (England and Wales)
DAILY CARE LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
DAILY CARE LTD
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
DAILY CARE LTD
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2015
30 November 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
72,800
72,800
Tangible assets
2
8,125
7,441
80,925
80,241
Current assets
Stocks
8,000
8,000
Debtors
63,216
9,912
Cash at bank and in hand
4,851
1,314
76,067
19,226
Creditors: amounts falling due within one year
(135,914)
(80,358)
Net current liabilities
(59,847)
(61,132)
Total assets less current liabilities
21,078
19,109
Creditors: amounts falling due after more than one year
(8,304)
(11,188)
Provisions for liabilities
(1,644)
(1,644)
11,130
6,277
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
11,030
6,177
Shareholders' funds
11,130
6,277
DAILY CARE LTD
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2015
30 November 2015
- 2 -
For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 31 August 2016
Mr D Appleby
Director
Company Registration No. 05612212
DAILY CARE LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is reviewed on an annual basis by the directors and any diminution in value is recognised via a charge to the profit & loss account.
1.5
Patents
Patents are valued at cost less accumulated amortisation. The value is reviewed on an annual basis by the directors and any diminution in value is recognised via a charge to the profit & loss account.
1.6
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 less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
33% on reducing balance
Fixtures, fittings & equipment
15% on reducing balance
Motor vehicles
25% on reducing balance
DAILY CARE LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 December 2014
129,800
30,896
160,696
Additions
-
2,428
2,428
At 30 November 2015
129,800
33,324
163,124
Depreciation
At 1 December 2014
57,000
23,455
80,455
Charge for the year
-
1,744
1,744
At 30 November 2015
57,000
25,199
82,199
Net book value
At 30 November 2015
72,800
8,125
80,925
At 30 November 2014
72,800
7,441
80,241
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
4
Ultimate parent company
The ultimate controlling parties are Mr & Mrs Appleby who own 100% of the issued share capital.