ACCOUNTS - Final Accounts

NORFOLK & SUFFOLK CARE SUPPORT LIMITED - Company Information

Caseware UK (AP4) 2014.0.91 2014.0.91 2017-09-302017-09-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalseobtaining and distributing grants and fundingfalse2016-10-01 04444089 2016-10-01 2017-09-30 04444089 2015-10-01 2016-09-30 04444089 2017-09-30 04444089 2016-09-30 04444089 c:Director5 2016-10-01 2017-09-30 04444089 d:FurnitureFittings 2016-10-01 2017-09-30 04444089 d:FurnitureFittings 2017-09-30 04444089 d:FurnitureFittings 2016-09-30 04444089 d:FurnitureFittings d:OwnedOrFreeholdAssets 2016-10-01 2017-09-30 04444089 d:ComputerEquipment 2016-10-01 2017-09-30 04444089 d:ComputerEquipment 2017-09-30 04444089 d:ComputerEquipment 2016-09-30 04444089 d:ComputerEquipment d:OwnedOrFreeholdAssets 2016-10-01 2017-09-30 04444089 d:OwnedOrFreeholdAssets 2016-10-01 2017-09-30 04444089 d:CurrentFinancialInstruments 2017-09-30 04444089 d:CurrentFinancialInstruments 2016-09-30 04444089 d:CurrentFinancialInstruments d:WithinOneYear 2017-09-30 04444089 d:CurrentFinancialInstruments d:WithinOneYear 2016-09-30 04444089 d:RetainedEarningsAccumulatedLosses 2017-09-30 04444089 d:RetainedEarningsAccumulatedLosses 2016-09-30 04444089 c:FRS102 2016-10-01 2017-09-30 04444089 c:AuditExempt-NoAccountantsReport 2016-10-01 2017-09-30 04444089 c:FullAccounts 2016-10-01 2017-09-30 04444089 c:PrivateLimitedCompanyLtd 2016-10-01 2017-09-30 iso4217:GBP xbrli:pure

Registered number: 04444089

NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2017

NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 04444089

BALANCE SHEET

AS AT 30 SEPTEMBER 2017

		2017		2016
Note		£		£

Fixed assets
Tangible assets	4		2,394		3,822
			2,394		3,822
Current assets
Debtors: amounts falling due within one year	5	182		1,357
Cash at bank and in hand		95,171		78,680
		95,353		80,037
Creditors: amounts falling due within one year	6	(64,010)		(38,410)
Net current assets			31,343		41,627
Total assets less current liabilities			33,737		45,449

Net assets			33,737		45,449

Capital and reserves
Profit and loss account	33,737	45,449
	33,737	45,449

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

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NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 04444089

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2017

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 November 2017.

................................................

Michael Millage

Director

The notes on pages 3 to 6 form part of these financial statements.

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NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

1.	General information

Norfolk & Suffolk Care Support Limited is a private company limited by guarantee incorporated in England and Wales. The address of its registered office is St Clements House, 2-16 Colegate, Norwich, Norfolk, NR3 1BQ.
The company's principal activity is that of obtaining and distributing grants and funding, which is unchanged from the previous year.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006.
The financial statements for the year ended 30 September 2017 are the company’s first financial statements that comply with FRS 102. The company’s date of transition to FRS 102 is 1 October 2015. The company’s last financial statements prepared in accordance with previous UK GAAP were for the year ended 30 September 2016.
Information on the impact of first-time adoption of FRS 102 is given in note 9.
The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises fees and grants receivable in respect of services supplied during the year. Income received in the year for services that will be delivered after the year end is deferred.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method and reducing balance method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	15%	reducing balance method
				Computer equipment	-	25%	straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

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NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

2.Accounting policies (continued)

2.4

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.7

Taxation

Tax is recognised in the Statement of income and retained earnings, 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 balance sheet date in the countries where the Company operates and generates income.

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NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

3.	Employees
	Staff costs were as follows:

The average monthly number of employees, including the directors, during the year was as follows:

	2017	2016
	No.	No.

Chief Operating Officer	1	1
Finance and Funding Executive	1	1
Brokerage Executive	1	1
Project and Communications Executive	1	1
Directors	5	5

	9	9

4.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 October 2016	7,356	4,045	11,401
At 30 September 2017	7,356	4,045	11,401
Depreciation
At 1 October 2016	4,582	2,997	7,579
Charge for the year on owned assets	416	1,011	1,427
At 30 September 2017	4,998	4,008	9,006
Net book value
At 30 September 2017	2,358	37	2,395
At 30 September 2016	2,774	1,047	3,821

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NORFOLK & SUFFOLK CARE SUPPORT LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

Debtors

					2017	2016
					£	£


Prepayments and accrued income	182	1,357
	182	1,357

6.	Creditors: Amounts falling due within one year
		2017	2016
		£	£

Other creditors	6,300	4,485
Accruals and deferred income	57,710	33,925
	64,010	38,410


7.	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

8.	Pension commitments

The company operates a defined contributions pensions scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,509 (2016: £125). Contributions totaling £Nil (2016: £Nil) were payable to the fund at the balance sheet date.

9.	First time adoption of FRS 102 The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

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