Chris Lewns Implant & Dental Centre Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07892860 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Chris Lewns Implant And Dental Centre

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Dr C H Lewns

SECRETARY:

Mrs K J Lewns

REGISTERED OFFICE:

166A Cromwell Road

Whistable

Kent

CT5 1NA

REGISTERED NUMBER:

07892860 (England and Wales)

ACCOUNTANTS:

Samera Limited

Samera House

138 High Street

Esher

Surrey

KT10 9QJ

FIXED ASSETS

Intangible assets

2

570,409

606,626

Tangible assets

3

45,149

59,133

615,558

665,759

CURRENT ASSETS

Stocks

1,847

1,395

Debtors

1,308

620

Cash at bank and in hand

166,713

145,151

169,868

147,166

CREDITORS

Amounts falling due within one year

89,872

97,313

NET CURRENT ASSETS

79,996

49,853

TOTAL ASSETS LESS CURRENT
LIABILITIES

695,554

715,612

CREDITORS

Amounts falling due after more than one
year

4

43,061

217,308

NET ASSETS

652,493

498,304

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

652,491

498,302

SHAREHOLDERS' FUNDS

652,493

498,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 28 June 2016 and were signed by:

Dr C H Lewns - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 twenty years.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 2015

and 31 March 2016

724,329

AMORTISATION

At 1 April 2015

117,703

Amortisation for year

36,217

At 31 March 2016

153,920

NET BOOK VALUE

At 31 March 2016

570,409

At 31 March 2015

606,626

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

109,727

Additions

816

At 31 March 2016

110,543

DEPRECIATION

At 1 April 2015

50,594

Charge for year

14,800

At 31 March 2016

65,394

NET BOOK VALUE

At 31 March 2016

45,149

At 31 March 2015

59,133

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16

31.3.15

£

Repayable by instalments

43,061

217,308

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2