ASTLEY_MEDICAL_LIMITED - Accounts

ASTLEY MEDICAL LIMITED - Company Information

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Company Registration No. 07010083 (England and Wales)

ASTLEY MEDICAL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

ASTLEY MEDICAL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ASTLEY MEDICAL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,007

508

Investments

560,890

455,377

561,897

455,885

Current assets

Debtors

23,237

11,431

Cash at bank and in hand

43,425

38,279

66,662

49,710

Creditors: amounts falling due within one year

(55,974)

(51,740)

Net current assets/(liabilities)

10,688

(2,030)

Total assets less current liabilities

572,585

453,855

Capital and reserves

Profit and loss account

572,585

453,855

Shareholders' funds

572,585

453,855

For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their 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 16 May 2016

Dr B.A. Astley

Director

Company Registration No. 07010083

ASTLEY MEDICAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

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 receivable for services provided.

1.4

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

25% Reducing balance method

Fixtures, fittings & equipment

25% Reducing balance method

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 October 2014

1,752

455,377

457,129

Additions

835

105,513

106,348

At 30 September 2015

2,587

560,890

563,477

Depreciation

At 1 October 2014

1,244

Charge for the year

336

At 30 September 2015

1,580

Net book value

At 30 September 2015

1,007

560,890

561,897

At 30 September 2014

508

455,377

455,885