Foresight Clinical Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 06354163 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

FORESIGHT CLINICAL SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A K Hughes

J G Hughes

SECRETARY:

A K Hughes

REGISTERED OFFICE:

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

06354163 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

FIXED ASSETS

Tangible assets

2

107

-

CURRENT ASSETS

Debtors

54,016

29,379

Prepayments and accrued income

133

Cash at bank and in hand

7,789

7,755

61,938

37,267

CREDITORS

Amounts falling due within one year

56,382

38,158

NET CURRENT ASSETS/(LIABILITIES)

5,556

(891

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,663

(891

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

5,661

(893

)

SHAREHOLDERS' FUNDS

5,663

(891

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 17 December 2014 and were signed on its behalf by:

A K Hughes - 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 April 2008).

Turnover

Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in

exchange for its performance of its obligations under the sales contract with the customer. The amount reported as

revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net

of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

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

-

15% on cost

Fixtures and fittings

-

33% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement,

as either financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual

interest in the assets of the company after deducting all of its liabilities

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

7,741

Additions

120

At 31 August 2014

7,861

DEPRECIATION

At 1 September 2013

7,741

Charge for year

13

At 31 August 2014

7,754

NET BOOK VALUE

At 31 August 2014

107

At 31 August 2013

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

2

Ordinary

£1

2

Foresight Clinical Services Limited - Limited company - abbreviated - 11.6

Foresight Clinical Services Limited - Limited company - abbreviated - 11.6