John Munroe Hospital Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03907342 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2015

for

John Munroe Hospital Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Birks

M Harris

A J Harris

SECRETARY:

Mrs P E Harris

REGISTERED OFFICE:

Unit 1

Cross Street Mill

Cross Street

Leek

Staffordshire

ST13 6BL

REGISTERED NUMBER:

03907342 (England and Wales)

ACCOUNTANTS:

Centrix Partnership

Chartered Certified Accountants

Suite 19

Hamill House

112 - 116 Chorley New Road

Bolton

Lancashire

BL1 4DH

CURRENT ASSETS

Debtors

1,000

1,000

TOTAL ASSETS LESS CURRENT LIABILITIES

1,000

1,000

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

SHAREHOLDERS' FUNDS

1,000

1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 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 19 March 2015 and were signed on its behalf by:

M Harris - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

The company was dormant throughout the year ended 31 January 2015. However, reference to information

relating to the year ended 31 January 2014 has been made where appropriate.

Preparation of consolidated financial statements

The financial statements contain information about John Munroe Hospital Limited as an individual entity and do

not contain consolidated financial information as the parent of a group. The company has taken advantage of the

exemption under section 405 of the Companies Act 2006 not to prepare consolidated financial statements

including it's subsidiary John Munroe Health Care Services Limited as the it's inclusion is not material for the

purposes fo giving a true and fair view. The results of the subsidiary are contained within note 10.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

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.

Assets that have been revalued are subject to subsequent revaluations in the third and fifth year following the

previous revaluation, or when there are indications of a significant change in the value of the revalued assets.

Revaluation surpluses are taken to the revaluation reserve. Deficits on subsequent revaluations are charged to the

profit and loss account if they are considered to arise as a result of the consumption of the economic benefits

provided by the asset. Other deficits on revaluation are charged to the revaluation reserve up to the amount of the

associated revaluation surplus. Any excess deficits are charged to the profit and loss account.

Where an asset that was previously revalued is disposed of, its book value is eliminated and an appropriate

transfer is made from the revaluation reserve to the profit and loss reserve.

An amount equal to the excess of the annual depreciation charge on revalued assets over the notional historical

cost depreciation charge on those assets is transferred annually form the revaluation reserve to the profit and loss

reserve.

Deferred tax

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

where transactions or events have occurred at that date that will result in an obligation to pay more tax, or a right

to pay less tax, or a right to receive repayments of tax.

Deferred tax assets are recognised only to the extent that the directors consider it more likely than not that there

will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted.

Deferred tax is measured on a non discounted basis at the average tax rates that are expected to apply in the

periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted 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.

2.	FIXED ASSET INVESTMENTS

The company's investments at the balance sheet date in the share capital of companies include the following:

John Munroe Health Care Services Limited

Nature of business: Provision of health care professionals

%

Class of shares:

holding

Ordinary

100.00

31.1.15

31.1.14

£

£

Aggregate capital and reserves

-

39,728

Profit for the year

-

185,002

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.15

31.1.14

value:

£

£

1,000

Ordinary

1

1,000

1,000

4.	ULTIMATE PARENT COMPANY

John Munroe Group Limited is regarded by the directors as being the company's ultimate parent company.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2015 and

31 January 2014:

31.1.15

31.1.14

£

£

A J Harris

Balance outstanding at start of year

(320

)

(1,281

)

Amounts repaid

-

961

Balance outstanding at end of year

-

(320

)

M Harris

Balance outstanding at start of year

(182

)

(11,685

)

Amounts repaid

-

11,503

Balance outstanding at end of year

-

(182

)

Dividends totalling £207,400 (2013: £120,400) were paid to the directors during the year and no interest was

charged on directors' loan accounts.