Company Registration No. 06068351 (England and Wales)
ABLEPRIME LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016
ABLEPRIME LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABLEPRIME LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
5,164
5,685
Investments
2
396,604
389,416
401,768
395,101
Current assets
Debtors
4,475
13,541
Cash at bank and in hand
93,732
45,922
98,207
59,463
Creditors: amounts falling due within one year
(31,771)
(27,578)
Net current assets
66,436
31,885
Total assets less current liabilities
468,204
426,986
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
468,203
426,985
Shareholders'  funds
468,204
426,986
For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 1 February 2017
Dr T George
Director
Company Registration No. 06068351
ABLEPRIME LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 2 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover

Turnover represents amounts receivable for goods and services net of trade discounts.

1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
15% on reducing balance basis
1.4
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 July 2015
11,807
389,416
401,223
Additions
391
7,188
7,579
At 30 June 2016
12,198
396,604
408,802
Depreciation
At 1 July 2015
6,122
-
6,122
Charge for the year
912
-
912
At 30 June 2016
7,034
-
7,034
Net book value
At 30 June 2016
5,164
396,604
401,768
At 30 June 2015
5,685
389,416
395,101

The investment represents members capital contribution of 30% interest in Alliance Medicare (UK) LLP and Premer Medicare (UK) LLP.

3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1
ABLEPRIME LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
4
Related party relationships and transactions

Dividends totalling £39,000 (2015: £35,000 ) was paid to Tahira George during the year.

2016-06-302015-07-01falsetruetruetruetruetruetmp4EFE.html2017-02-17060683512015-07-012016-06-30060683512016-06-30060683512015-06-30060683512015-06-3006068351uk-bus:Director12015-07-012016-06-3006068351uk-gaap:FixturesFittingsToolsEquipment2015-07-012016-06-3006068351uk-bus:OrdinaryShareClass12015-07-012016-06-3006068351uk-bus:OrdinaryShareClass12016-06-3006068351uk-bus:OrdinaryShareClass12015-06-30xbrli:purexbrli:sharesiso4217:GBP