Abbreviated Company Accounts - GILLAROO LODGE NURSING HOME LIMITED

Abbreviated Company Accounts - GILLAROO LODGE NURSING HOME LIMITED

GILLAROO LODGE NURSING HOME LIMITED - Company Information

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Registered Number NI021480

GILLAROO LODGE NURSING HOME LIMITED

Abbreviated Accounts

31 August 2014

GILLAROO LODGE NURSING HOME LIMITED Registered Number NI021480

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 247,661 262,436
247,661 262,436
Current assets
Debtors 15,723 17,668
Cash at bank and in hand 82,473 56,797
98,196 74,465
Creditors: amounts falling due within one year (56,605) (55,327)
Net current assets (liabilities) 41,591 19,138
Total assets less current liabilities 289,252 281,574
Total net assets (liabilities) 289,252 281,574
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account 279,252 271,574
Shareholders' funds 289,252 281,574
  • For the year ending 31 August 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 October 2014

And signed on their behalf by:
Mrs E A Rowan, Director

GILLAROO LODGE NURSING HOME LIMITED Registered Number NI021480

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property - 2% straight line
Plant & Machinery - 10% straight line
Fixtures & Fittings - 10% straight line
Motor Vehicles - 25% straight line

2Tangible fixed assets
£
Cost
At 1 September 2013 544,829
Additions 1,041
Disposals -
Revaluations -
Transfers -
At 31 August 2014 545,870
Depreciation
At 1 September 2013 282,393
Charge for the year 15,816
On disposals -
At 31 August 2014 298,209
Net book values
At 31 August 2014 247,661
At 31 August 2013 262,436