Absolute Dental Studios Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06426715 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Absolute Dental Studios Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr B M Hickey

Mrs M E Hickey

REGISTERED OFFICE:

2 Aspen Close

Stevenage

Hertfordshire

SG2 8SJ

REGISTERED NUMBER:

06426715 (England and Wales)

ACCOUNTANTS:

Astons Accountants

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

FIXED ASSETS

Intangible assets

2

16,960

18,020

Tangible assets

3

-

181

16,960

18,201

CURRENT ASSETS

Debtors

4

22,176

Cash at bank and in hand

6

45

22,182

22,221

CREDITORS

Amounts falling due within one year

31,858

33,247

NET CURRENT LIABILITIES

(9,676

)

(11,026

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,284

7,175

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

7,282

7,173

SHAREHOLDERS' FUNDS

7,284

7,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 3 December 2016 and were signed on its behalf
by:

Mr B M Hickey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

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 cost

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

21,200

AMORTISATION

At 1 April 2015

3,180

Amortisation for year

1,060

At 31 March 2016

4,240

NET BOOK VALUE

At 31 March 2016

16,960

At 31 March 2015

18,020

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,134

DEPRECIATION

At 1 April 2015

953

Charge for year

181

At 31 March 2016

1,134

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

181

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 750 (31.3.15 - £ 750 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1.00

2