| ABSOLUTE WELLNESS CENTRE LIMITED |
|
| Report to the directors on the preparation of the unaudited abbreviated accounts of ABSOLUTE WELLNESS CENTRE LIMITED for the year ended 31 July 2016 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of ABSOLUTE WELLNESS CENTRE LIMITED for the year ended 31 July 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Taylor Allen |
| Chartered Certified Accountants |
| 49D South End |
| Croydon |
| Surrey |
| CR0 1BF |
|
| 13 April 2017 |
|
| ABSOLUTE WELLNESS CENTRE LIMITED |
| Registered number: |
05873391 |
| Abbreviated Balance Sheet |
| as at 31 July 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
12,600 |
|
|
16,600 |
| Tangible assets |
3 |
|
|
1 |
|
|
2 |
|
|
|
|
12,601 |
|
|
16,602 |
|
| Current assets |
| Debtors |
|
|
8,831 |
|
|
9,373 |
| Cash at bank and in hand |
|
|
913 |
|
|
1,593 |
|
|
|
9,744 |
|
|
10,966 |
|
| Creditors: amounts falling due within one year |
|
|
(93,165) |
|
|
(88,359) |
|
| Net current liabilities |
|
|
|
(83,421) |
|
|
(77,393) |
|
| Total assets less current liabilities |
|
|
|
(70,820) |
|
|
(60,791) |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(10,804) |
|
|
(18,298) |
|
|
|
| Net liabilities |
|
|
|
(81,624) |
|
|
(79,089) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
10,000 |
|
|
10,000 |
| Profit and loss account |
|
|
|
(91,624) |
|
|
(89,089) |
|
| Shareholders' funds |
|
|
|
(81,624) |
|
|
(79,089) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| DR CRISS PARTRIDGE |
| Director |
| Approved by the board on 13 April 2017 |
|
| ABSOLUTE WELLNESS CENTRE LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 July 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2015 |
40,000 |
|
At 31 July 2016 |
40,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 August 2015 |
23,400 |
|
Provided during the year |
4,000 |
|
At 31 July 2016 |
27,400 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2016 |
12,600 |
|
At 31 July 2015 |
16,600 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2015 |
113,499 |
|
At 31 July 2016 |
113,499 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2015 |
113,497 |
|
Charge for the year |
1 |
|
At 31 July 2016 |
113,498 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2016 |
1 |
|
At 31 July 2015 |
2 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
10,000 |
|
10,000 |
|
10,000 |
|
|
|
|
|
|
|
|
|