Company Registration No. 05612212 (England and Wales)
DAILY CARE LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2012
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 2012
30 November 2012
- 1 -
2012
2011
Notes
£
£
£
£
Fixed assets
Intangible assets
2
92,800
92,800
Tangible assets
2
7,907
7,907
100,707
100,707
Current assets
Stocks
8,000
Debtors
48,608
48,608
Cash at bank and in hand
528
528
49,136
57,136
Creditors: amounts falling due within one year
(135,032)
(135,032)
Net current liabilities
(85,896)
(77,896)
Total assets less current liabilities
14,811
22,811
Creditors: amounts falling due after more than one year
(3,539)
(3,539)
Provisions for liabilities
(1,644)
(1,644)
9,628
17,628
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
9,528
17,528
Shareholders' funds
9,628
17,628
DAILY CARE LTD
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2012
30 November 2012
- 2 -
For the financial year ended 30 November 2012 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 30 August 2013
Mr D Appleby
Director
Company Registration No. 05612212
DAILY CARE LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2012
- 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
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 December 2011 & at 30 November 2012
149,800
25,905
175,705
Depreciation
At 1 December 2011 & at 30 November 2012
57,000
17,998
74,998
Net book value
At 30 November 2012
92,800
7,907
100,707
At 30 November 2011
92,800
7,907
100,707
DAILY CARE LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2012
- 4 -
3
Share capital
2012
2011
£
£
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.