Greenhill Care Homes Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06410780 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Greenhill Care Homes Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S S Paul

A S Paul

S K Paul

K S Paul

SECRETARY:

S S Paul

REGISTERED OFFICE:

20 Exhibition House

Addison Bridge Place

London

W14 8XP

REGISTERED NUMBER:

06410780 (England and Wales)

ACCOUNTANTS:

Merchant & Co

Chartered Certified Accountants

20 Exhibition House

Addison Bridge Place

London

W14 8XP

FIXED ASSETS

Intangible assets

2

194,150

208,270

Tangible assets

3

22,631

32,784

216,781

241,054

CURRENT ASSETS

Debtors

15,234

14,857

Cash at bank and in hand

319

687

15,553

15,544

CREDITORS

Amounts falling due within one year

66,710

36,768

NET CURRENT LIABILITIES

(51,157

)

(21,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

165,624

219,830

CAPITAL AND RESERVES

Called up share capital

4

300,100

Profit and loss account

(134,476

)

(80,270

)

SHAREHOLDERS' FUNDS

165,624

219,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 May 2016 and were signed on its behalf by:

S S Paul - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies

as a small company.

Turnover

Turnover represents net invoiced fee income excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 20% on cost

Deferred tax

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

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

282,400

AMORTISATION

At 1 April 2014

74,130

Amortisation for year

14,120

At 31 March 2015

88,250

NET BOOK VALUE

At 31 March 2015

194,150

At 31 March 2014

208,270

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

109,391

Additions

7,600

At 31 March 2015

116,991

DEPRECIATION

At 1 April 2014

76,607

Charge for year

17,753

At 31 March 2015

94,360

NET BOOK VALUE

At 31 March 2015

22,631

At 31 March 2014

32,784

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

300,000

Preference

£1

300,000

300,100