Company Registration number 04771288
ACADEMIC MEDICAL CONSULTING
LIMITED
Abbreviated Accounts
For the year ended 31 March 2014
ACADEMIC MEDICAL CONSULTING LIMITED
Financial statements for the year ended 31 March 2014
Contents
Pages
Balance sheet
1
Notes to the financial statements
2
ACADEMIC MEDICAL CONSULTING LIMITED
Abbreviated balance sheet as at 31 March 2014
2014
2013
Notes
£
£
£
£
£
£
Current assets
Debtors
1,434
1,161
Creditors:
amounts falling due within one year
(7,170)
(5,806)
Net current liabilities
(5,736)
(4,645)
Current liabilities less total assets
(5,736)
(4,645)
Capital and reserves
Called up share capital
1
1
2
Deficit on profit and loss account
(5,737)
(4,646)
Shareholder's funds
(5,736)
(4,645)
For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
The member has 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective April 2008).
Approved by the board of directors on 15 December 2014 and signed on its behalf.
Dr S Steele - Director
Company Registration No: 04771288
The notes on pages 2 to 2 form part of these financial statements.
1
ACADEMIC MEDICAL CONSULTING LIMITED
Notes to the abbreviated accounts for the year ended 31 March 2014
1
Accounting policies
a)
Going concern
The financial statements have been compiled on a going concern basis despite having net liabilities of £5,736, as the director has indicated his willingness to support the company over the next twelve months.
b)
Basis of accounting
The financial statements are prepared on the historical cost basis of accounting and have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company has taken advantage of the exemption, conferred by Financial Reporting Standard 1, from presenting a cash flow statement as it qualifies as a small company.
c)
Turnover
Turnover represents net invoiced sales of goods and services.
d)
Deferred taxation
Deferred tax is provided in respect of the tax effect of all timing differences that have originated but not reversed at the balance sheet date.

A deferred tax asset is regarded as recoverable and therefore recognised only when, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on a nondiscounted basis, at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2
Called-up share capital
2014
2013
£
£
£
£
£
£
Allotted, called up and fully paid
Equity shares:
Ordinary shares of £1 each
1
1
3
Controlling party
The company is controlled by Dr S Steele by virtue of his shareholding.
2
truefalsetruefalsefalsetruetrue2013-04-01ACADEMIC_MEDICAL_CONSULTI-2014-12-16-Accounts.html2014-12-16047712882013-04-012014-03-31047712882014-03-31047712882013-03-3104771288uk-bus:Director12013-04-012014-03-3104771288uk-bus:OrdinaryShareClass12013-04-012014-03-3104771288uk-bus:OrdinaryShareClass12014-03-3104771288uk-bus:OrdinaryShareClass12013-03-3104771288uk-curr:PoundSterling2013-04-012014-03-31xbrli:purexbrli:sharesiso4217:GBP