Abbreviated Company Accounts - BEARSDEN FOOT CLINIC LIMITED

Abbreviated Company Accounts - BEARSDEN FOOT CLINIC LIMITED


Registered Number SC342951

BEARSDEN FOOT CLINIC LIMITED

Abbreviated Accounts

31 March 2016

BEARSDEN FOOT CLINIC LIMITED Registered Number SC342951

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 8,726 7,579
8,726 7,579
Current assets
Debtors 7,674 7,695
Cash at bank and in hand 6,270 8,211
13,944 15,906
Creditors: amounts falling due within one year (15,535) (19,792)
Net current assets (liabilities) (1,591) (3,886)
Total assets less current liabilities 7,135 3,693
Provisions for liabilities (1,745) (1,516)
Total net assets (liabilities) 5,390 2,177
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 5,290 2,077
Shareholders' funds 5,390 2,177
  • For the year ending 31 March 2016 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 19 December 2016

And signed on their behalf by:
Mrs V Brewster, Director

BEARSDEN FOOT CLINIC LIMITED Registered Number SC342951

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
Turnover represents invoiced sales of goods and services.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less estimated residual value.

Improvement to property 15% on reducing balance
Plant and machinery 15% on reducing balance
Fixtures and fittings 15% on reducing balance
Computer equipment 33% on cost

Other accounting policies
Current tax
Current tax is recognised in the profit and loss account, except to the extent that it is attributable to a gain or loss that has been recognised directly in the statement of total recognised gains or losses. In this case, tax is recognised in this statement. Current tax is measured at the amounts of tax expected to be paid or recovered using rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Financial instruments
Financial instruments are classified and accounted for according to the substance of contractual arrangements, as either financial assets, financial liabilities or equity instruments.

2Tangible fixed assets
£
Cost
At 1 April 2015 24,107
Additions 2,687
Disposals -
Revaluations -
Transfers -
At 31 March 2016 26,794
Depreciation
At 1 April 2015 16,528
Charge for the year 1,540
On disposals -
At 31 March 2016 18,068
Net book values
At 31 March 2016 8,726
At 31 March 2015 7,579
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100Ordinary shares of £1 each 100 100