HJKB Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07261494 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

HJKB Limited

T/A

Conway House Dental Practice

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr H S Basra

Dr J K Basra

REGISTERED OFFICE:

3 Waterside Drive

Langley

Berkshire

SL3 6EZ

REGISTERED NUMBER:

07261494 (England and Wales)

ACCOUNTANTS:

Business Ledger Limited

Chartered Certified Accountants

3 Waterside Drive

Langley

Berkshire

SL3 6EZ

FIXED ASSETS

Intangible assets

2

240,000

280,000

Tangible assets

3

21,453

27,632

261,453

307,632

CURRENT ASSETS

Stocks

-

3,471

Debtors

113,585

72,863

Cash at bank and in hand

9,177

7,893

122,762

84,227

CREDITORS

Amounts falling due within one year

47,931

175,276

NET CURRENT ASSETS/(LIABILITIES)

74,831

(91,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

336,284

216,583

CREDITORS

Amounts falling due after more than one year

4

(179,792

)

(192,565

)

PROVISIONS FOR LIABILITIES

(4,291

)

(5,445

)

NET ASSETS

152,201

18,573

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

152,199

18,571

SHAREHOLDERS' FUNDS

152,201

18,573

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 15 May 2015 and were signed on its behalf by:

Dr J K Basra - 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, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

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

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

400,000

AMORTISATION

At 1 September 2013

120,000

Amortisation for year

40,000

At 31 August 2014

160,000

NET BOOK VALUE

At 31 August 2014

240,000

At 31 August 2013

280,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

65,496

Additions

972

At 31 August 2014

66,468

DEPRECIATION

At 1 September 2013

37,864

Charge for year

7,151

At 31 August 2014

45,015

NET BOOK VALUE

At 31 August 2014

21,453

At 31 August 2013

27,632

4.

CREDITORS

Creditors include an amount of £ 179,791 (2013 - £ 192,564 ) for which security has been given.

They also include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

108,864

122,137

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

1

2

2