J.E.M._CARE_LIMITED - Accounts

J.E.M. CARE LIMITED - Company Information

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Company Registration No. 06487402 (England and Wales)

J.E.M. CARE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

J.E.M. CARE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

J.E.M. CARE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

241,777

86,852

Tangible assets

1,295,685

811,823

1,537,462

898,675

Current assets

Debtors

2,281

9,747

Cash at bank and in hand

118,374

393,244

120,655

402,991

Creditors: amounts falling due within one year

(159,844)

(227,161)

Net current liabilities/(assets)

(39,189)

175,830

Total assets less current liabilities

1,498,273

1,074,505

Creditors: amounts falling due after more than one year

(1,471,347)

(1,057,962)

26,926

16,543

Capital and reserves

Called up share capital

100

Profit and loss account

26,826

16,443

Shareholders' funds

26,926

16,543

For the financial year ended 31 March 2016 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 21 September 2016

J Kent

Director

Company Registration No. 06487402

J.E.M. CARE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 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 January 2015).

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. The company is not registered for VAT.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 or 6 years.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land 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:

Freehold land and buildings

10% straight line on improvements

Furniture, fittings & equipment

30% reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2015

182,066

969,638

1,151,704

Additions

204,341

532,060

736,401

At 31 March 2016

386,407

1,501,698

1,888,105

Depreciation

At 1 April 2015

95,214

157,815

253,029

Charge for the year

49,416

48,198

97,614

At 31 March 2016

144,630

206,013

350,643

Net book value

At 31 March 2016

241,777

1,295,685

1,537,462

At 31 March 2015

86,852

811,823

898,675

J.E.M. CARE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Creditors: amounts falling due after more than one year

2016

2015

Analysis of loans repayable in more than five years

Total amounts repayable by instalments which are due in more than five years

1,090,166

794,263

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Related party relationships and transactions

Loans to/from directors

At 31 March 2016 the company owed its directors £33,045 included in other creditors (2015: £3,058).