Independent Speech & Language Therapy - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05280034 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

INDEPENDENT SPEECH & LANGUAGE THERAPY

SERVICES LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs C M MacLennan

SECRETARY:

Mrs L K Massingham

REGISTERED OFFICE:

155 Unthank Road

Norwich

Norfolk

NR2 2PG

REGISTERED NUMBER:

05280034 (England and Wales)

ACCOUNTANTS:

Sexty & Co

Chartered Certified Accountants

124 Thorpe Road

Norwich

Norfolk

NR1 1RS

FIXED ASSETS

Tangible assets

2

4,229

3,673

CURRENT ASSETS

Debtors

42,126

30,300

CREDITORS

Amounts falling due within one year

44,989

33,488

NET CURRENT LIABILITIES

(2,863

)

(3,188

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,366

485

PROVISIONS FOR LIABILITIES

525

340

NET ASSETS

841

145

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

741

45

SHAREHOLDERS' FUNDS

841

145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 15 September 2014 and were signed by:

Mrs C M MacLennan - 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 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.

Land and buildings

-

20% on reducing balance

Plant and machinery etc

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

12,345

Additions

1,614

At 31 March 2014

13,959

DEPRECIATION

At 1 April 2013

8,672

Charge for year

1,058

At 31 March 2014

9,730

NET BOOK VALUE

At 31 March 2014

4,229

At 31 March 2013

3,673

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100