Dr Vinit Shah Ltd - Limited company - abbreviated - 11.6

Dr Vinit Shah Ltd - Limited company - abbreviated - 11.6

DR VINIT SHAH LTD - Company Information

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REGISTERED NUMBER: 04923822 (England and Wales)










DR VINIT SHAH LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014





Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB








DR VINIT SHAH LTD (REGISTERED NUMBER: 04923822)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

DR VINIT SHAH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2014







DIRECTOR: Dr V N Shah





SECRETARY: Ms SR Gandhi





REGISTERED OFFICE: Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 04923822 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB
1
DR VINIT SHAH LTD (REGISTERED NUMBER: 04923822)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2014

31.10.14 31.10.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 1 1
Tangible assets 3 1,638 1,468
1,639 1,469

CURRENT ASSETS
Debtors - 15,000
Investments 144,700 134,700
Cash at bank 87,259 76,846
231,959 226,546
CREDITORS
Amounts falling due within one year 76,378 73,059
NET CURRENT ASSETS 155,581 153,487
TOTAL ASSETS LESS CURRENT
LIABILITIES
157,220
154,956

PROVISIONS FOR LIABILITIES 313 275
NET ASSETS 156,907 154,681

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 156,905 154,679
SHAREHOLDERS' FUNDS 156,907 154,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 notes form part of these abbreviated accounts

2
DR VINIT SHAH LTD (REGISTERED NUMBER: 04923822)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2014


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 12 June 2015 and were signed by:





Dr V N Shah - Director


The notes form part of these abbreviated accounts

3
DR VINIT SHAH LTD (REGISTERED NUMBER: 04923822)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2014

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 services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

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

Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013
and 31 October 2014 5,500
AMORTISATION
At 1 November 2013
and 31 October 2014 5,499
NET BOOK VALUE

At 31 October 2014 1
At 31 October 2013 1

4
DR VINIT SHAH LTD (REGISTERED NUMBER: 04923822)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013 3,363
Additions 458
At 31 October 2014 3,821
DEPRECIATION
At 1 November 2013 1,895
Charge for year 288
At 31 October 2014 2,183
NET BOOK VALUE
At 31 October 2014 1,638
At 31 October 2013 1,468

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.14 31.10.13
value: £    £   
2 Ordinary £1 2 2

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within the creditors is the amount owed to the directors £60,419 (2013 - £58,439). The loan is interest
free and repayable on demand.

5