REGISTERED NUMBER: 07830786 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2017

for

Addiction Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P J Davies

REGISTERED OFFICE:

20 Exhibition House

Addison Bridge Place

London

W14 8XP

REGISTERED NUMBER:

07830786 (England and Wales)

ACCOUNTANTS:

Merchant & Co

Chartered Certified Accountants

20 Exhibition House

Addison Bridge Place

London

W14 8XP

FIXED ASSETS

Tangible assets

4

1,132

1,450

CURRENT ASSETS

Debtors

5

1,832

2,607

Cash at bank and in hand

3,694

2,523

5,526

5,130

CREDITORS

Amounts falling due within one year

6

1,295

1,345

NET CURRENT ASSETS

4,231

3,785

TOTAL ASSETS LESS CURRENT LIABILITIES

5,363

5,235

CAPITAL AND RESERVES

Called up share capital

7

166

166

Share premium

8

99,934

99,934

Retained earnings

8

(94,737

)

(94,865

)

SHAREHOLDERS' FUNDS

5,363

5,235

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 December 2017 and were signed by:

Mr P J Davies - Director

1.	STATUTORY INFORMATION

Addiction Care Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the fees charged to clients for services rendered during the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office furniture and equipment

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors

Basic financial assets, including trade and other debtors, are initially recognized at transaction price, unless the

arrangement constitutes a financing transaction, where the transaction is measured at the present value of the

future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortized cost

using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and

other short-term highly liquid investments that mature in no more than three months from the date of

acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related

parties, are initially recognized at transaction price, unless the arrangement constitutes a financing transaction,

where the debt instrument is measured at the present value of the future payments discounted at a market

rate of interest. Such instruments are subsequently carried at amortized cost using the effective interest

method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Office

furniture

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 October 2016

and 30 September 2017

828

2,129

2,957

DEPRECIATION

At 1 October 2016

387

1,120

1,507

Charge for year

66

252

318

At 30 September 2017

453

1,372

1,825

NET BOOK VALUE

At 30 September 2017

375

757

1,132

At 30 September 2016

441

1,009

1,450

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

1,592

2,385

Prepayments

240

222

1,832

2,607

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Accrued expenses

1,295

1,345

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

166

ordinary

£1

166

166

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 October 2016

(94,865

)

99,934

5,069

Profit for the year

128

128

At 30 September 2017

(94,737

)

99,934

5,197

9.	FIRST YEAR ADOPTION

The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention

and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) as at 1st

January 2015.

Reconciliation of equity

No transitional adjustments were required.

Reconciliation of profit or loss for the year

No transitional adjustments were required.