Tadley Healthcare Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04014120 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

TADLEY HEALTHCARE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr D R Newman

Mrs H R Pande

Dr A M Hogan

Dr R Waddingham

Dr V Adler

Dr J Peters

Dr C A Caren

Dr S J Colley

Dr S D Bhanot

SECRETARY:

Dr D R Newman

REGISTERED OFFICE:

Holmwood Pharmacy

Franklin Avenue

Tadley

Hampshire

RG26 4ER

REGISTERED NUMBER:

04014120 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Intangible assets

2

6,750

7,750

Tangible assets

3

18,559

33,367

25,309

41,117

CURRENT ASSETS

Stocks

80,538

75,790

Debtors

452,904

447,776

Cash at bank and in hand

264,702

225,082

798,144

748,648

CREDITORS

Amounts falling due within one year

4

364,085

334,942

NET CURRENT ASSETS

434,059

413,706

TOTAL ASSETS LESS CURRENT LIABILITIES

459,368

454,823

CREDITORS

Amounts falling due after more than one year

4

-

(1,179

)

PROVISIONS FOR LIABILITIES

(1,953

)

(4,528

)

NET ASSETS

457,415

449,116

CAPITAL AND RESERVES

Called up share capital

5

900

900

Capital redemption reserve

200

200

Profit and loss account

456,315

448,016

SHAREHOLDERS' FUNDS

457,415

449,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 31 March 2015 and were signed on its behalf by:

MRS H R Pande - Director

Dr D R Newman - 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

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

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

20,000

AMORTISATION

At 1 July 2013

12,250

Amortisation for year

1,000

At 30 June 2014

13,250

NET BOOK VALUE

At 30 June 2014

6,750

At 30 June 2013

7,750

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

177,552

Disposals

(9,550

)

At 30 June 2014

168,002

DEPRECIATION

At 1 July 2013

144,185

Charge for year

7,407

Eliminated on disposal

(2,149

)

At 30 June 2014

149,443

NET BOOK VALUE

At 30 June 2014

18,559

At 30 June 2013

33,367

4.

CREDITORS

Creditors include an amount of £ 0 (30/6/13 - £ 4,541 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/14

30/6/13

value:

£

£

900

Ordinary share capital

£1

900

900

On 25 April 2013 options were granted to 3 employees (other than the directors) over a total of 39 ordinary shares.