Infection Prevention Limited - Limited company - abbreviated

REGISTERED NUMBER: 05985615 (England and Wales)

INFECTION PREVENTION LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S E Millward

SECRETARY:

A N Millward

REGISTERED OFFICE:

Redwood Court

Tawe Business Village

Swansea

SA7 9LA

REGISTERED NUMBER:

05985615 (England and Wales)

ACCOUNTANTS:

Carr, Jenkins & Hood

Redwood Court

Tawe Business Village

Swansea

SA7 9LA

FIXED ASSETS

Intangible assets

2

8,550

11,400

Tangible assets

3

829

1,105

9,379

12,505

CURRENT ASSETS

Debtors

4

62,854

68,765

Cash at bank

1,466

4,491

64,320

73,256

CREDITORS

Amounts falling due within one year

1,529

4,909

NET CURRENT ASSETS

62,791

68,347

TOTAL ASSETS LESS CURRENT LIABILITIES

72,170

80,852

PROVISIONS FOR LIABILITIES

166

221

NET ASSETS

72,004

80,631

CAPITAL AND RESERVES

Called up share capital

5

1

Profit and loss account

72,003

80,630

SHAREHOLDERS' FUNDS

72,004

80,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 26 August 2015 and were signed by:

S E Millward - 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 April 2008).

Turnover

Turnover represents amounts receivable for the provision of infection prevention and control services, to the

extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value

of the service provided to date.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Computer and office equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

28,500

AMORTISATION

At 1 April 2014

17,100

Amortisation for year

2,850

At 31 March 2015

19,950

NET BOOK VALUE

At 31 March 2015

8,550

At 31 March 2014

11,400

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

2,171

DEPRECIATION

At 1 April 2014

1,066

Charge for year

276

At 31 March 2015

1,342

NET BOOK VALUE

At 31 March 2015

829

At 31 March 2014

1,105

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 13,565 (2014 - £ 14,506 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

2015

2014

£

S E Millward

Balance outstanding at start of year

54,260

68,525

Amounts advanced

5,934

16,831

Amounts repaid

(10,905

)

(31,096

)

Balance outstanding at end of year

49,289

54,260

The loan balance is included in debtors. This loan is unsecured and interest has been charged at 4% and 3.25%

of the actual outstanding loan balances during the year. The total interest charge was £1,573 (2014 - £2,532).

Provision has been made for the resulting liability to tax under Section 455 of the Corporation Tax Act 2010.

Infection Prevention Limited - Limited company - abbreviated - 11.6

Infection Prevention Limited - Limited company - abbreviated - 11.6