Billingshurst Osteopaths Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07300087 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

BILLINGSHURST OSTEOPATHS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J E Meadows

REGISTERED OFFICE:

1st Floor Atlantic House

Jengers Mead

Billingshurst

West Sussex

RH14 9PB

REGISTERED NUMBER:

07300087 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke Limited

30 New Road

Brighton

East Sussex

BN1 1BN

FIXED ASSETS

Intangible assets

2

7,312

7,800

Tangible assets

3

1,102

1,136

8,414

8,936

CURRENT ASSETS

Debtors

1,196

1,249

Cash at bank

2,774

2,506

3,970

3,755

CREDITORS

Amounts falling due within one year

(10,573

)

(10,222

)

NET CURRENT LIABILITIES

(6,603

)

(6,467

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,811

2,469

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

1,711

2,369

SHAREHOLDERS' FUNDS

1,811

2,469

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 5 March 2017 and were signed by:

J E Meadows - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Computer equipment

-

33.3% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

9,750

AMORTISATION

At 1 July 2015

1,950

Amortisation for year

488

At 30 June 2016

2,438

NET BOOK VALUE

At 30 June 2016

7,312

At 30 June 2015

7,800

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

2,567

Additions

517

At 30 June 2016

3,084

DEPRECIATION

At 1 July 2015

1,431

Charge for year

551

At 30 June 2016

1,982

NET BOOK VALUE

At 30 June 2016

1,102

At 30 June 2015

1,136

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100