WHOLE_TOOTH_LIMITED - Accounts

WHOLE TOOTH LIMITED - Company Information

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Company Registration No. 07706415 (England and Wales)

WHOLE TOOTH LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

WHOLE TOOTH LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

WHOLE TOOTH LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

166,666

333,333

Tangible assets

19,041

46,779

185,707

380,112

Current assets

Stocks

20,000

Debtors

11,138

17,628

Cash at bank and in hand

52,598

32,425

83,736

50,053

Creditors: amounts falling due within one year

(109,301)

(77,368)

Net current liabilities

(25,565)

(27,315)

Total assets less current liabilities

160,142

352,797

Creditors: amounts falling due after more than one year

(93,944)

(246,358)

66,198

106,439

Capital and reserves

Called up share capital

10,000

Profit and loss account

56,198

96,439

Shareholders' funds

66,198

106,439

WHOLE TOOTH LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2016

- 2 -

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.

Director's 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 director acknowledges his 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 7 December 2016

Dr Vimal Patel

Director

Company Registration No. 07706415

WHOLE TOOTH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

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 goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land 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:

Land and buildings Freehold

over the term of the lease

Plant and machinery

20% on cost

Motor vehicles

25% on cost

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2015

500,000

122,600

622,600

Disposals

(26,900)

At 31 March 2016

500,000

95,700

595,700

Depreciation

At 1 April 2015

166,667

75,821

242,488

On disposals

(17,964)

Charge for the year

166,667

18,802

185,469

At 31 March 2016

333,334

76,659

409,993

Net book value

At 31 March 2016

166,666

19,041

185,707

At 31 March 2015

333,333

46,779

380,112

WHOLE TOOTH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

7,000 Ordinary A of £1 each

7,000

3,000 Ordinary B of £1 each

3,000

10,000