Registered number: 02851017 | ||||||||
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FOR THE YEAR ENDED 30/04/2018 | ||||||||
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Prepared By: | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
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Greenlane Care Homes Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2018 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
Mrs C Pratt | ||||||||
REGISTERED OFFICE | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02851017 | ||||||||
BANKERS | ||||||||
Barclays Bank plc | ||||||||
ACCOUNTANTS | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
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Greenlane Care Homes Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2018 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Greenlane Care Homes Limited | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Debtors | 4 | 3,300 | 3,300 | |||||||
Cash at bank and in hand |
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275,895 | 198,573 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | 387,695 | 433,882 | |||||||
NET CURRENT LIABILITIES | (111,800) | (235,309) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 577,145 | 474,807 | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 2 | 2 | ||||||||
Profit and loss account | 577,143 | 474,805 | ||||||||
SHAREHOLDERS' FUNDS |
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474,807 | ||||||||
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The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Greenlane Care Homes Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2018 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland, including the disclosure and presentation requirements of section 1A applicable to small companies. |
1b. Depreciation | ||||||||
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No depreciation is charged on land. | ||||||||
Land And Buildings | straight line 2 % | |||||||
Fixtures And Fittings | reducing balance 25 % |
1c. Taxation | ||||||||
Corporation tax payable is provided on taxable profits at the current rates. Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
1e. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Revenue is recognised when care services are provided. |
1f. Goodwill | ||||||||
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Greenlane Care Homes Limited | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/05/2017 | 120,000 | 120,000 | ||
At 30/04/2018 | 120,000 | 120,000 | ||
Depreciation | ||||
At 01/05/2017 | 12,000 | 12,000 | ||
For the year | 12,000 | 12,000 | ||
At 30/04/2018 | 24,000 | 24,000 | ||
Net Book Amounts | ||||
At 30/04/2018 | 96,000 | 96,000 | ||
At 30/04/2017 |
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3. TANGIBLE FIXED ASSETS | ||||||
Land And | Fixtures | |||||
Buildings | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/05/2017 | 588,768 | 184,784 | 773,552 | |||
Additions | 1,931 | 6,084 | 8,015 | |||
Disposals | - | (400) | (400) | |||
At 30/04/2018 | 590,699 | 190,468 | 781,167 | |||
Depreciation | ||||||
At 01/05/2017 | 9,775 | 161,661 | 171,436 | |||
Disposals | - | (305) | (305) | |||
For the year | 9,813 | 7,278 | 17,091 | |||
At 30/04/2018 | 19,588 | 168,634 | 188,222 | |||
Net Book Amounts | ||||||
At 30/04/2018 |
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At 30/04/2017 |
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4. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Prepayments | 3,300 | 3,300 | ||||||
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Greenlane Care Homes Limited | ||||||||
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5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
UK corporation tax | 30,001 | 34,282 | ||||||
Other tax and social security | 2,601 | 2,300 | ||||||
Directors current account | 343,564 | 393,879 | ||||||
Trade creditors | 579 | 1,111 | ||||||
Accruals | 10,950 | 2,310 | ||||||
387,695 | 433,882 | |||||||
6. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | 29 | 29 | ||||
7. RELATED PARTY TRANSACTIONS | ||||||||
During the year the company paid total dividends of £10,000 (2017 - £10,000) to the director and owners with a participating interest. | ||||||||
Furthermore, total salaries of £17,550 (2017 - £17,550) were paid to the director and owners with a participating interest. | ||||||||
At the balance sheet date £343,564 (2017 - £393,879) was owed to the director and owners with a participating interest. . The loan is interest free, unsecured and repayable on demand. | ||||||||
8. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. | ||||||||
The company's registered number is 02851017. | ||||||||
The company's registered office is 6 Brunswick Street, Carlisle, Cumbria CA1 1PN. |