Registration number:
Highpoint Care (Kew) Limited
for the Period from 10 March 2017 to 31 March 2018
Highpoint Care (Kew) Limited
Contents
Balance Sheet |
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Notes to the Financial Statements |
Highpoint Care (Kew) Limited
(Registration number: 10662949)
Balance Sheet as at 31 March 2018
Note |
2018 |
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Fixed assets |
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Tangible assets |
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Creditors: Amounts falling due within one year |
( |
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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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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
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Total equity |
( |
For the financial period ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Dr Katherine Mary Patel
Director
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Highpoint Care (Kew) Limited
Notes to the Financial Statements for the Period from 10 March 2017 to 31 March 2018
General information |
The company is a private company limited by share capital incorporated in England & Wales.
The address of its registered office is:
Great Britain
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The directors have agreed to support the business going forward. Accordingly, the financial statements have been prepared on a going concern basis.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Land |
Nil |
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Highpoint Care (Kew) Limited
Notes to the Financial Statements for the Period from 10 March 2017 to 31 March 2018
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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Additions |
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At 31 March 2018 |
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Depreciation |
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Carrying amount |
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At 31 March 2018 |
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Included within the net book value of land and buildings above is £918,164 in respect of freehold land.
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Highpoint Care (Kew) Limited
Notes to the Financial Statements for the Period from 10 March 2017 to 31 March 2018
Creditors |
Note |
2018 |
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Due within one year |
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Amounts owed to group undertakings |
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Other creditors |
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Due after one year |
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Directors loan account |
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Related party transactions |
Summary of transactions with entities with joint control or significant interest
The amounts owed are in respect of invoices paid on behalf of the company.
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