Abbreviated Company Accounts - DUFFY OPTOMETRISTS LIMITED

DUFFY OPTOMETRISTS LIMITED - Company Information

04792195 DUFFY OPTOMETRISTS LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 04792195 2013-01-01 2013-12-31 04792195 2013-12-31 04792195 2012-12-31 04792195 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04792195 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 04792195

DUFFY OPTOMETRISTS LIMITED

Abbreviated Accounts

31 December 2013

DUFFY OPTOMETRISTS LIMITED Registered Number 04792195

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	-	6,571
Tangible assets	3	239,722	49,207
		239,722	55,778
Current assets
Stocks		80,039	76,269
Debtors		31,805	42,417
Cash at bank and in hand		92,184	139,865
		204,028	258,551
Creditors: amounts falling due within one year		(126,097)	(35,455)
Net current assets (liabilities)		77,931	223,096
Total assets less current liabilities		317,653	278,874
Provisions for liabilities		(11,868)	(7,801)
Total net assets (liabilities)		305,785	271,073
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		305,685	270,973
Shareholders' funds		305,785	271,073

For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 March 2014

And signed on their behalf by:
J F Duffy, Director

DUFFY OPTOMETRISTS LIMITED Registered Number 04792195

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows;
Land & Buildings - 2% straight line basis
Leasehold Properties - straight line over life of the lease
Plant & Machinery - 25% reducing balance basis
Motor Vehicles - 25% reducing balance basis

2Intangible fixed assets

	£
Cost
At 1 January 2013	131,363
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	131,363
Amortisation
At 1 January 2013	124,792
Charge for the year	6,571
On disposals	-
At 31 December 2013	131,363
Net book values
At 31 December 2013	0
At 31 December 2012	6,571

3Tangible fixed assets

	£
Cost
At 1 January 2013	173,295
Additions	219,989
Disposals	(2,700)
Revaluations	-
Transfers	-
At 31 December 2013	390,584
Depreciation
At 1 January 2013	124,088
Charge for the year	27,449
On disposals	(675)
At 31 December 2013	150,862
Net book values
At 31 December 2013	239,722
At 31 December 2012	49,207

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100