DKB_PATEL_LIMITED - Accounts

DKB PATEL LIMITED - Company Information

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Company Registration No. SC443124 (Scotland)

DKB PATEL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

DKB PATEL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

DKB PATEL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

239

359

Current assets

Debtors

10,025

3,740

Cash at bank and in hand

89,869

76,164

99,894

79,904

Creditors: amounts falling due within one year

(37,269)

(34,900)

Net current assets

62,625

45,004

Total assets less current liabilities

62,864

45,363

Capital and reserves

Called up share capital

100

Profit and loss account

62,764

45,263

Shareholders' funds

62,864

45,363

For the financial year ended 31 March 2016 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 5 December 2016

Dilip Patel

Director

Company Registration No. SC443124

DKB PATEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 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 January 2015).

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 net of trade discounts.

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% Straight Line

1.5

Revenue recognition

Fee income represents revenue earned providing medical services. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance in providing these services.

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

479

Depreciation

At 1 April 2015

120

Charge for the year

120

At 31 March 2016

240

Net book value

At 31 March 2016

239

At 31 March 2015

359

DKB PATEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

55 A Ordinary shares of £1 each

15 B Ordinary shares of £1 each

10 C Ordinary shares of £1 each

10 D Ordinary shares of £1 each

10 E Ordinary shares of £1 each

100