Spectrum Care Limited - Accounts to registrar - small 17.2

Spectrum Care Limited - Accounts to registrar - small 17.2

SPECTRUM CARE LIMITED - Company Information

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REGISTERED NUMBER: 04563540 (England and Wales)















Financial Statements for the Year Ended 31 December 2016

for

Spectrum Care Limited

Spectrum Care Limited (Registered number: 04563540)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Spectrum Care Limited

Company Information
for the Year Ended 31 December 2016







DIRECTORS: Z H Y Datoo
A Pradhan
H G Tharani
Ms S Virani





REGISTERED OFFICE: Hoppingwood Farm
Robin Hood Way
London
SW20 0AB





REGISTERED NUMBER: 04563540 (England and Wales)





AUDITORS: Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE
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Spectrum Care Limited (Registered number: 04563540)

Balance Sheet
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 9,920 11,388

CURRENT ASSETS
Debtors 6 301,971 268,434
Cash at bank and in hand 508,208 460,145
810,179 728,579
CREDITORS
Amounts falling due within one year 7 558,930 557,488
NET CURRENT ASSETS 251,249 171,091
TOTAL ASSETS LESS CURRENT
LIABILITIES
261,169
182,479

CAPITAL AND RESERVES
Called up share capital 360 360
Share premium 34,640 34,640
Retained earnings 226,169 147,479
SHAREHOLDERS' FUNDS 261,169 182,479

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 September 2017 and were signed on its behalf
by:





A Pradhan - Director


The notes form part of these financial statements

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Spectrum Care Limited (Registered number: 04563540)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Spectrum Care Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Compliance with accounting standards
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2015 - 8 ) .

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Spectrum Care Limited (Registered number: 04563540)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 39,601
Additions 2,435
At 31 December 2016 42,036
DEPRECIATION
At 1 January 2016 28,213
Charge for year 3,903
At 31 December 2016 32,116
NET BOOK VALUE
At 31 December 2016 9,920
At 31 December 2015 11,388

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 199,690 225,158
Other debtors 102,281 43,276
301,971 268,434

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 419,469 395,898
Taxation and social security 61,162 85,940
Other creditors 78,299 75,650
558,930 557,488

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Hill FCA (Senior Statutory Auditor)
for and on behalf of Cartwrights

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Spectrum Care Limited (Registered number: 04563540)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the following amounts to the directors:

2016 2015
£ £
Z Datoo 13,000 13,000
A Pradhan 13,000 13,000
H Tharani 13,000 13,000
S Virani 13,000 13,000

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