J.K.B. Healthcare Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06303829 (England and Wales)

J.K.B. HEALTHCARE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2017 TO 30 APRIL 2017

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTORS:

N. Sodha

M. Sodha

SECRETARY:

M. Sodha

REGISTERED OFFICE:

Ipsley Barn

Berrington Close

Ipsley

Redditch

Worcestershire

B98 0TD

REGISTERED NUMBER:

06303829 (England and Wales)

ACCOUNTANTS:

Four Oaks Taxation & Accounting Services Limited

Suite D, Astor House

282 Lichfield Road

Four Oaks

Sutton Coldfield

West Midlands

B74 2UG

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 April 2017 set out on pages two to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Four Oaks Taxation & Accounting Services Limited

Suite D, Astor House

282 Lichfield Road

Four Oaks

Sutton Coldfield

West Midlands

B74 2UG

20 April 2018

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

239,948

254,467

Investments

6

173,966

173,966

413,914

428,433

CURRENT ASSETS

Stocks

92,763

92,763

Debtors

7

138,545

145,566

Cash at bank and in hand

208,649

184,733

439,957

423,062

CREDITORS

Amounts falling due within one year

8

357,178

358,235

NET CURRENT ASSETS

82,779

64,827

TOTAL ASSETS LESS CURRENT LIABILITIES

496,693

493,260

CREDITORS

Amounts falling due after more than one year

9

-

(33,194

)

PROVISIONS FOR LIABILITIES

(37,732

)

(40,626

)

NET ASSETS

458,961

419,440

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

458,861

419,340

SHAREHOLDERS' FUNDS

458,961

419,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2017 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 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 20 April 2018 and were signed on its behalf by:

N. Sodha - Director

1.	STATUTORY INFORMATION

J.K.B. Healthcare 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

in accordance with the property

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the period 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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2016 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2017

and 30 April 2017

1,057,595

AMORTISATION

At 1 January 2017

and 30 April 2017

1,057,595

NET BOOK VALUE

At 30 April 2017

-

At 31 December 2016

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2017

138,444

182,360

89,650

410,454

Disposals

-

-

(5,000

)

(5,000

)

At 30 April 2017

138,444

182,360

84,650

405,454

DEPRECIATION

At 1 January 2017

36,725

99,593

19,669

155,987

Charge for period

3,077

4,138

4,477

11,692

Eliminated on disposal

-

-

(2,173

)

(2,173

)

At 30 April 2017

39,802

103,731

21,973

165,506

NET BOOK VALUE

At 30 April 2017

98,642

78,629

62,677

239,948

At 31 December 2016

101,719

82,767

69,981

254,467

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2017

and 30 April 2017

173,966

NET BOOK VALUE

At 30 April 2017

173,966

At 31 December 2016

173,966

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

105,905

113,633

Other debtors

32,640

31,933

138,545

145,566

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

122,087

129,527

Trade creditors

102,492

203,394

Taxation and social security

61,737

48,859

Other creditors

70,862

(23,545

)

357,178

358,235

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

-

33,194