Abbreviated Company Accounts - WOMEN'S GYNAECHOICE LTD

WOMEN'S GYNAECHOICE LTD - Company Information

Registered Number 05282840

WOMEN'S GYNAECHOICE LTD

Abbreviated Accounts

30 November 2015

WOMEN'S GYNAECHOICE LTD Registered Number 05282840

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,678	4,018
		3,678	4,018
Current assets
Debtors		15,429	15,041
Cash at bank and in hand		24,153	32,615
		39,582	47,656
Creditors: amounts falling due within one year		(29,148)	(23,269)
Net current assets (liabilities)		10,434	24,387
Total assets less current liabilities		14,112	28,405
Provisions for liabilities		(736)	(804)
Total net assets (liabilities)		13,376	27,601
Capital and reserves
Called up share capital		1	1
Profit and loss account		13,375	27,600
Shareholders' funds		13,376	27,601

For the year ending 30 November 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 August 2016

And signed on their behalf by:
Dr Akobundu Nnochiri, Director

WOMEN'S GYNAECHOICE LTD Registered Number 05282840

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.
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 otherwise stated).

Tangible assets depreciation policy
Tangible fixed assets are stated at costs 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:
Equipment - 25% straight line

Other accounting policies
Deferred Taxation:

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Related party relationships and transactions:

During the period the company operated a loan account with its director Dr A Nnochiri. At the balance sheet date Women's Gynaechoice Ltd owed Dr A Nnochiri £5,609 (2014-£124). This amount is included within other creditors. During the period the director paid expenses on behalf of the company totalling £5,659 alongside funds introduced totalling £6,000. The director also withdrew £6,174 from the company.
During the period dividends totalling £100,500 were paid to Dr A Nnochiri the director of the company.

2Tangible fixed assets

	£
Cost
At 1 December 2014	6,047
Additions	1,562
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	7,609
Depreciation
At 1 December 2014	2,029
Charge for the year	1,902
On disposals	-
At 30 November 2015	3,931
Net book values
At 30 November 2015	3,678
At 30 November 2014	4,018

25% Straight line method