Company Registration No. 07119809 (England and Wales)
HAMPSTEAD CHIROPRACTIC CLINIC LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
HAMPSTEAD CHIROPRACTIC CLINIC LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
HAMPSTEAD CHIROPRACTIC CLINIC LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
22,745
35,743
Tangible assets
2
2,724
3,154
25,469
38,897
Current assets
Debtors
6,933
4,881
Cash at bank and in hand
5,388
10,699
12,321
15,580
Creditors: amounts falling due within one year
(21,456)
(34,724)
Net current liabilities
(9,135)
(19,144)
Total assets less current liabilities
16,334
19,753
Creditors: amounts falling due after more than one year
(12,000)
(11,742)
4,334
8,011
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
4,333
8,010
Shareholders' funds
4,334
8,011
For the financial year ended 31 March 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 25 October 2016
Dr N. Van Dyk
Director
Company Registration No. 07119809
HAMPSTEAD CHIROPRACTIC CLINIC LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 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 January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
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:
Plant and machinery
25% reducing balance
Computer equipment
25% reducing balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2015
51,990
4,506
56,496
Additions
-
444
444
At 31 March 2016
51,990
4,950
56,940
Depreciation
At 1 April 2015
16,247
1,352
17,599
Charge for the year
12,998
874
13,872
At 31 March 2016
29,245
2,226
31,471
Net book value
At 31 March 2016
22,745
2,724
25,469
At 31 March 2015
35,743
3,154
38,897
HAMPSTEAD CHIROPRACTIC CLINIC LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1