B & M Dental Care Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07753290 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

FOR

B & M DENTAL CARE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D De Klerk

REGISTERED OFFICE:

15b Somerset House

Hussar Court

Waterlooville

Hampshire

PO7 7SG

REGISTERED NUMBER:

07753290 (England and Wales)

ACCOUNTANTS:

Taylor Roberts

15b Somerset House

Hussar Court

Waterlooville

Hampshire

PO7 7SG

FIXED ASSETS

Intangible assets

2

79,526

45,374

Tangible assets

3

474,950

1,424

554,476

46,798

CURRENT ASSETS

Stocks

7,951

7,586

Debtors

4,309

7,621

Cash at bank and in hand

27,402

2,904

39,662

18,111

CREDITORS

Amounts falling due within one year

4

94,689

24,602

NET CURRENT LIABILITIES

(55,027

)

(6,491

)

TOTAL ASSETS LESS CURRENT LIABILITIES

499,449

40,307

CREDITORS

Amounts falling due after more than one year

4

442,109

27,642

NET ASSETS

57,340

12,665

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

57,339

12,664

SHAREHOLDERS' FUNDS

57,340

12,665

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 director acknowledges his 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 director on 24 April 2015 and were signed by:

D De Klerk - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents sales for dental services and goods supplied in the period.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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 reducing balance

Computer equipment

-

33% on cost

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 material timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

46,313

Additions

54,268

At 31 August 2014

100,581

AMORTISATION

At 1 September 2013

939

Amortisation for year

20,116

At 31 August 2014

21,055

NET BOOK VALUE

At 31 August 2014

79,526

At 31 August 2013

45,374

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

1,461

Additions

474,223

At 31 August 2014

475,684

DEPRECIATION

At 1 September 2013

37

Charge for year

697

At 31 August 2014

734

NET BOOK VALUE

At 31 August 2014

474,950

At 31 August 2013

1,424

4.

CREDITORS

Creditors include an amount of £ 472,057 (2013 - £ 29,910 ) for which security has been given.

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

2014

2013

£

£

Repayable by instalments

323,414

14,056

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and

31 August 2013:

2014

2013

£

£

D De Klerk

Balance outstanding at start of year

4,319

-

Amounts advanced

763,200

88,759

Amounts repaid

(768,739

)

(84,440

)

Balance outstanding at end of year

(1,220

)

4,319