WEST_CARE_EXPERTS_LIMITED - Accounts

WEST CARE EXPERTS LIMITED - Company Information

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Company Registration No. 08773730 (England and Wales)

WEST CARE EXPERTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

WEST CARE EXPERTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

WEST CARE EXPERTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

2,371

Current assets

Debtors

86,284

64,277

Cash at bank and in hand

13,363

5,836

99,647

70,113

Creditors: amounts falling due within one year

(97,287)

(71,254)

Net current assets/(liabilities)

2,360

(1,141)

Total assets less current liabilities

4,731

(1,141)

Capital and reserves

Called up share capital

300

Profit and loss account

4,431

(1,441)

Shareholders' funds

4,731

(1,141)

For the financial year ended 30 September 2015 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 10 February 2016

Mr W.E.S. Thomson

Mr J Marsh

Director

Company Registration No. 08773730

WEST CARE EXPERTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

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).

The company meets its day to day working capital requirements through the support of the director.

The nature of the company's business is such that there can be considerable unpredictable variation in the timing of cash inflows. The directors have prepared projected cash flow information for the period ending 9 months from the date of their approval of these financial statements. On the basis of this cash flow information the director considers that the company will continue to operate within the cashflows currently available.
However, the margin of facilities over requirements is not large and, inherently there can be no certainty in relation to these matters. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the financial support of the director.

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

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:

Fixtures, fittings & equipment

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 October 2014

Additions

3,161

At 30 September 2015

3,161

Depreciation

At 1 October 2014 & at 30 September 2015

790

Net book value

At 30 September 2015

2,371

WEST CARE EXPERTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

300 Ordinary Shares of £1 each

300

Related party relationships and transactions

Dividends to Directors

The following directors were paid dividends during the year as outlined in the table below:

2015

2014

Mr J Marsh

23,700

Connected Company

During the period the company was invoiced by its connected company JCM Care Experts Limited £44,002 (2014: £28,000) for services rendered and were owing £4,676 (2014: £11,676) as at the year end.