One To One Implant Training Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05011932 (England and Wales)

ONE TO ONE IMPLANT TRAINING LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr M D Howdle

Mrs T M Howdle

SECRETARY:

Mrs T M Howdle

REGISTERED OFFICE:

152 Halesowen Road

Cradley Heath

West Midlands

B64 5LP

REGISTERED NUMBER:

05011932 (England and Wales)

ACCOUNTANTS:

Ashtons Accountants

152 Halesowen Road

Old Hill

Cradley Heath

West Midlands

B64 5LP

FIXED ASSETS

Tangible assets

4

2

611

CURRENT ASSETS

Debtors

5

2,110

-

Cash at bank

12,861

8,931

14,971

8,931

CREDITORS

Amounts falling due within one year

6

14,581

8,968

NET CURRENT ASSETS/(LIABILITIES)

390

(37

)

TOTAL ASSETS LESS CURRENT LIABILITIES

392

574

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

292

474

SHAREHOLDERS' FUNDS

392

574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd December 2020 and were signed on its behalf by:

Dr M D Howdle - Director

1.	STATUTORY INFORMATION

One To One Implant Training Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2019

and 31st March 2020

4,382

610

4,992

DEPRECIATION

At 1st April 2019

4,381

-

4,381

Charge for year

-

609

609

At 31st March 2020

4,381

609

4,990

NET BOOK VALUE

At 31st March 2020

1

1

2

At 31st March 2019

1

610

611

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

132

-

Directors' current accounts

1,978

-

2,110

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

1,300

682

Taxation

7,503

2,084

Directors' current accounts

3

377

Accrued expenses

5,775

5,825

14,581

8,968

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2020 and

31st March 2019:

2020

2019

£

£

Mrs T M Howdle

Balance outstanding at start of year

-

-

Amounts advanced

1,978

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,978

-