Vale Smile Care Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC397118 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

Vale Smile Care Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms C A McKenzie

REGISTERED OFFICE:

121 Moffat Street

New Gorbals

Glasgow

G5 0ND

REGISTERED NUMBER:

SC397118 (Scotland)

ACCOUNTANTS:

R.G. Beattie & Co Ltd

Chartered Certified Accountants

121 Moffat Street

Glasgow

G5 OND

FIXED ASSETS

Tangible assets

2

25,564

30,143

CURRENT ASSETS

Stocks

1,104

1,171

Debtors

6,528

5,753

Cash at bank and in hand

2,559

5,985

10,191

12,909

CREDITORS

Amounts falling due within one year

4,112

13,631

NET CURRENT ASSETS/(LIABILITIES)

6,079

(722

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

31,643

29,421

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

31,543

29,321

SHAREHOLDERS' FUNDS

31,643

29,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 28 September 2018 and were signed by:

Ms C A McKenzie - Director

Ms L Courtney - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

49,504

DEPRECIATION

At 1 May 2014

19,361

Charge for year

4,579

At 30 April 2015

23,940

NET BOOK VALUE

At 30 April 2015

25,564

At 30 April 2014

30,143

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

100

Ordinary

1

100