ASM Therapies Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09063296 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

ASM Therapies Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A S Mackay

SECRETARY:

REGISTERED OFFICE:

2 Clifton Moor Business Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

REGISTERED NUMBER:

09063296 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Tangible assets

2

889

1,333

CURRENT ASSETS

Debtors

467

1,200

Cash at bank

4,638

2,128

5,105

3,328

CREDITORS

Amounts falling due within one year

5,981

4,606

NET CURRENT LIABILITIES

(876

)

(1,278

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

13

55

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

12

54

SHAREHOLDERS' FUNDS

13

55

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 31 January 2017 and were signed by:

A S Mackay - 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 services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

1,999

DEPRECIATION

At 1 May 2015

666

Charge for year

444

At 30 April 2016

1,110

NET BOOK VALUE

At 30 April 2016

889

At 30 April 2015

1,333

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 April 2016 and the period

ended 30 April 2015:

30.4.16

30.4.15

£

A S Mackay

Balance outstanding at start of year

-

Amounts advanced

467

-

Amounts repaid

-

Balance outstanding at end of year

467

-

The overdrawn director's loan was repaid in full within nine months of the year-end.