THE_LONDON_FOOT_&_ANKLE_C - Accounts

THE LONDON FOOT & ANKLE CENTRE LIMITED - Company Information

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Company Registration No. 04541570 (England and Wales)

THE LONDON FOOT & ANKLE CENTRE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

THE LONDON FOOT & ANKLE CENTRE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

THE LONDON FOOT & ANKLE CENTRE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

13,019

15,426

Current assets

Debtors

593,854

611,993

Investments

10,000

Cash at bank and in hand

220,033

164,830

823,887

786,823

Creditors: amounts falling due within one year

(612,684)

(631,796)

Net current assets

211,203

155,027

Total assets less current liabilities

224,222

170,453

Capital and reserves

Called up share capital

Other reserves

Profit and loss account

224,220

170,451

Shareholders' funds

224,222

170,453

For the financial year ended 30 September 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 22 March 2017

Dr. Richard Newland

Director

Company Registration No. 04541570

THE LONDON FOOT & ANKLE CENTRE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 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 goods and services net of VAT and 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:

Fixtures, fittings & equipment

20% Reducing Balance

1.5

Investments

Current asset investments are stated at the lower of cost and net realisable value.

Fixed assets

Tangible assets

Cost

At 1 October 2015

74,881

Additions

848

At 30 September 2016

75,729

Depreciation

At 1 October 2015

59,455

Charge for the year

3,255

At 30 September 2016

62,710

Net book value

At 30 September 2016

13,019

At 30 September 2015

15,426

THE LONDON FOOT & ANKLE CENTRE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary Shares of £1 each