TIDGE_AND_LOU_LIMITED - Accounts

TIDGE AND LOU LIMITED - Company Information

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Company Registration No. 07188654 (England and Wales)

TIDGE AND LOU LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

TIDGE AND LOU LIMITED

CONTENTS

PAGE

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

TIDGE AND LOU LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

FIXED ASSETS

Intangible assets

150,000

160,000

Tangible assets

1,527

1,347

151,527

161,347

CURRENT ASSETS

Debtors

59,792

35,841

Cash at bank and in hand

73,105

55,080

132,897

90,921

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

(24,695)

(28,896)

NET CURRENT ASSETS

108,202

62,025

TOTAL ASSETS LESS CURRENT LIABILITIES

259,729

223,372

CAPITAL AND RESERVES

Called up share capital

100

Profit and loss account

259,629

223,272

SHAREHOLDER'S FUNDS

259,729

223,372

TIDGE AND LOU LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 APRIL 2015

- 2 -

For the financial year ended 30 April 2015 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 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 20 January 2016

Mr J Henderson

DIRECTOR

COMPANY REGISTRATION NO. 07188654

TIDGE AND LOU LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

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 April 2008).

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 due from the provision of dental services.

1.4

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

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:

Computer equipment

33 1/3% on cost

Fixtures, fittings & equipment

10% on cost

1.6

LEASING

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.7

PENSIONS

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.8

DEFERRED TAXATION

Deferred tax is recognised in respect of timing differences that have originated but not reversed at the balance sheet date.

TIDGE AND LOU LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 4 -

FIXED ASSETS

Intangible assets

Tangible assets

Total

COST

At 1 May 2014

200,000

4,248

204,248

Additions

907

At 30 April 2015

200,000

5,155

205,155

DEPRECIATION

At 1 May 2014

40,000

2,901

42,901

Charge for the year

10,000

727

10,727

At 30 April 2015

50,000

3,628

53,628

NET BOOK VALUE

At 30 April 2015

150,000

1,527

151,527

At 30 April 2014

160,000

1,347

161,347

SHARE CAPITAL

2015

2014

ALLOTTED, CALLED UP AND FULLY PAID

100 Ordinary of £1 each

100