Registered Number 04450623

ABBOT MEDICAL PRACTICE LTD

Abbreviated Accounts

31 May 2016

ABBOT MEDICAL PRACTICE LTD Registered Number 04450623

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 574 765
574 765
Current assets
Debtors 5,600 5,673
Cash at bank and in hand 300,634 275,210
306,234 280,883
Creditors: amounts falling due within one year (10,300) (10,312)
Net current assets (liabilities) 295,934 270,571
Total assets less current liabilities 296,508 271,336
Total net assets (liabilities) 296,508 271,336
Capital and reserves
Called up share capital 1 1
Profit and loss account 296,507 271,335
Shareholders' funds 296,508 271,336
  • For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 February 2017

And signed on their behalf by:
Dr A Abbot, Director

ABBOT MEDICAL PRACTICE LTD Registered Number 04450623

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015)

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 June 2015 8,853
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 8,853
Depreciation
At 1 June 2015 8,088
Charge for the year 191
On disposals -
At 31 May 2016 8,279
Net book values
At 31 May 2016 574
At 31 May 2015 765