Osmaston Road Dental Care Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07657514 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

FOR

OSMASTON ROAD DENTAL CARE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

Mrs S Taylor

Dr J A Gregory

P Cholerton

SECRETARY:

Mrs S Taylor

REGISTERED OFFICE:

Chester House

Lloyd Drive

Cheshire Oaks Business Park

Ellesmere Port

Cheshire

CH65 9HQ

REGISTERED NUMBER:

07657514 (England and Wales)

ACCOUNTANTS:

Morris & Co, Chartered Accountants

Specialist Dental Accountants

Chester House

Lloyd Drive

Cheshire Oaks Business Park

Ellesmere Port

Cheshire

CH65 9HQ

FIXED ASSETS

Intangible assets

2

109,516

125,943

Tangible assets

3

28,202

36,375

137,718

162,318

CURRENT ASSETS

Stocks

3,000

3,000

Debtors

24,174

19,422

Cash at bank and in hand

6,887

13,093

34,061

35,515

CREDITORS

Amounts falling due within one year

4

129,996

121,745

NET CURRENT LIABILITIES

(95,935

)

(86,230

)

TOTAL ASSETS LESS CURRENT LIABILITIES

41,783

76,088

CREDITORS

Amounts falling due after more than one year

4

106,130

128,225

NET LIABILITIES

(64,347

)

(52,137

)

CAPITAL AND RESERVES

Called up share capital

5

10

10

Profit and loss account

(64,357

)

(52,147

)

SHAREHOLDERS' FUNDS

(64,347

)

(52,137

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 10 May 2016 and were signed on its behalf by:

Mrs S Taylor - 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). The company is

reliant on the continued support of the group companies, and the bank. The financial statements have

been prepared on a going concern basis which assumes that this support will be forthcoming.

Turnover

Turnover represents invoiced services which are VAT exempt .

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% 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.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

164,274

AMORTISATION

At 1 September 2014

38,331

Amortisation for year

16,427

At 31 August 2015

54,758

NET BOOK VALUE

At 31 August 2015

109,516

At 31 August 2014

125,943

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

62,435

Additions

1,227

At 31 August 2015

63,662

DEPRECIATION

At 1 September 2014

26,060

Charge for year

9,400

At 31 August 2015

35,460

NET BOOK VALUE

At 31 August 2015

28,202

At 31 August 2014

36,375

4.

CREDITORS

Creditors include an amount of £ 137,265 (2014 - £ 159,360 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

10

Ordinary A

£1

10

10

6.	ULTIMATE PARENT COMPANY

Expressions Dental Care Limited is regarded by the directors as being the company's ultimate parent

company.

7.	GOING CONCERN

These accounts have been prepared on a going concern basis, which assumes the continued support

of the directors and parent company

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Osmaston Road Dental Care Ltd for the year ended 31 August 2015 which

comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Osmaston Road Dental Care Ltd, as a body, in accordance with the terms of our engagement letter dated 20 July 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Osmaston Road Dental Care Ltd and state those matters that we have agreed to state to the Board of Directors of Osmaston Road Dental Care Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Osmaston Road Dental Care Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Osmaston Road Dental Care Ltd. You consider that Osmaston Road Dental Care Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Osmaston Road

Dental Care Ltd. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Morris & Co, Chartered Accountants

Specialist Dental Accountants

Chester House

Lloyd Drive

Cheshire Oaks Business Park

Ellesmere Port

Cheshire

CH65 9HQ

10 May 2016