Tender Loving Carers Domiciliary Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04543480 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

TENDER LOVING CARERS DOMICILIARY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E H Grutzmacher

Mrs K R Grutzmacher

Miss B E Grutzmacher

SECRETARY:

Miss B E Grutzmacher

REGISTERED OFFICE:

108-109 John Wilson Business Park

Whitstable

Kent

CT5 3QT

REGISTERED NUMBER:

04543480 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

Roman Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,178

4,239

3,178

4,239

CURRENT ASSETS

Debtors

6

91,207

58,839

Cash in hand

121

1,595

91,328

60,434

CREDITORS

Amounts falling due within one year

7

93,479

84,233

NET CURRENT LIABILITIES

(2,151

)

(23,799

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,027

(19,560

)

PROVISIONS FOR LIABILITIES

8

404

591

NET ASSETS/(LIABILITIES)

623

(20,151

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

523

(20,251

)

SHAREHOLDERS' FUNDS

623

(20,151

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 26 June 2018 and were signed on its behalf by:

Mrs K R Grutzmacher - Director

1.	STATUTORY INFORMATION

Tender Loving Carers Domiciliary Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2002, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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 year 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 86 (2016 - 84 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2016

and 30 September 2017

50,000

AMORTISATION

At 1 October 2016

and 30 September 2017

50,000

NET BOOK VALUE

At 30 September 2017

-

At 30 September 2016

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2016

and 30 September 2017

4,586

17,358

4,750

25,206

51,900

DEPRECIATION

At 1 October 2016

3,777

16,735

2,134

25,015

47,661

Charge for year

202

157

654

48

1,061

At 30 September 2017

3,979

16,892

2,788

25,063

48,722

NET BOOK VALUE

At 30 September 2017

607

466

1,962

143

3,178

At 30 September 2016

809

623

2,616

191

4,239

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade debtors

61,145

43,962

Other debtors

30,062

14,877

91,207

58,839

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Bank loans and overdrafts

15,956

21,249

Trade creditors

4,869

21,292

Taxation and social security

51,052

24,774

Other creditors

21,602

16,918

93,479

84,233

8.	PROVISIONS FOR LIABILITIES

30.9.17

30.9.16

£

£

Deferred Tax Reserves

404

591

Deferred

tax

£

Balance at 1 October 2016

591

Provided during year

(187

)

Balance at 30 September 2017

404

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2017 and

30 September 2016:

30.9.17

30.9.16

£

£

J E H Grutzmacher and Mrs K R Grutzmacher

Balance outstanding at start of year

-

-

Amounts advanced

19,578

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,578

-

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £24,500 (2016 - £60,000) were paid to the directors .

Mr J & Mrs K Grutzmacher - Directors and Shareholders

At the balance sheet date Tender Loving Carers Domiciliary Ltd was owed by Mr & Mrs Grutzmacher £19,578

(2016 - the company owed Mr & Mrs Grutzmacher £156 ).