ACCOUNTS - Final Accounts


Caseware UK (AP4) 2016.0.181 2016.0.181 2016-12-312016-12-31The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006.truetrueNo description of principal activityfalse2016-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05160302 2016-01-01 2016-12-31 05160302 2016-12-31 05160302 2015-12-31 05160302 c:Director1 2016-01-01 2016-12-31 05160302 d:CurrentFinancialInstruments 2016-12-31 05160302 d:CurrentFinancialInstruments 2015-12-31 05160302 d:CurrentFinancialInstruments d:WithinOneYear 2016-12-31 05160302 d:CurrentFinancialInstruments d:WithinOneYear 2015-12-31 05160302 d:ShareCapital 2016-12-31 05160302 d:ShareCapital 2015-12-31 05160302 d:RetainedEarningsAccumulatedLosses 2016-12-31 05160302 d:RetainedEarningsAccumulatedLosses 2015-12-31 05160302 c:FRS102 2016-01-01 2016-12-31 05160302 c:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 05160302 c:FullAccounts 2016-01-01 2016-12-31 05160302 c:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 iso4217:GBP

Registered number: 05160302









SHARINGCARE.CO.UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

 
SHARINGCARE.CO.UK LIMITED
REGISTERED NUMBER: 05160302

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2016

2016
2015
Note
£
£

Fixed assets
  

Intangible Assets
  
6,222
12,392

Current assets
  

Debtors: amounts falling due within one year
 4 
1,460
965

Cash at bank and in hand
  
11,076
5,209

  
12,536
6,174

Creditors: amounts falling due within one year
 5 
(16,726)
(17,459)

Net current liabilities
  
 
 
(4,190)
 
 
(11,285)

Total assets less current liabilities
  
2,032
1,107

  

Net assets
  
2,032
1,107


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
2,030
1,105

  
2,032
1,107















 
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SHARINGCARE.CO.UK LIMITED
REGISTERED NUMBER: 05160302
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2016

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 September 2017.



B S Black
Director

The notes on pages 5 to 7 form part of these financial statements.

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SHARINGCARE.CO.UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1.


General information

Sharingcare.co.uk Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is Bedford House, Fulham Green, 69-79 Fulham High Street, London, SW6 3JW. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

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

 
2.2

Revenue

Revenue is recognised when customers suscribe to the company's services. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax. 

 
2.3

Intangible assets

Website development is initially recognised at cost. After recognition, the asset is amortised in equal annual instalments over its estimated useful economic life of three years.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment. 

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

Taxation

Tax is recognised in the statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the country where the company operates and generates income.

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SHARINGCARE.CO.UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2015 - 0).


4.


Debtors

2016
2015
£
£


Other debtors
531
431

Prepayments and accrued income
929
534

1,460
965



5.


Creditors: Amounts falling due within one year

2016
2015
£
£

Trade creditors
1,364
2,199

Amounts owed to group undertakings
14,362
14,000

Accruals and deferred income
1,000
1,260

16,726
17,459


 
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