Dr Karen Morton Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07935667 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2015

for

DR KAREN MORTON LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K E Morton

SECRETARY:

N S Saxby

REGISTERED OFFICE:

Mount Alvernia Hospital

Harvey Road

Guildford

Surrey

GU1 3LX

REGISTERED NUMBER:

07935667 (England and Wales)

ACCOUNTANTS:

Saxbys Chartered Accountants

Maple House

Rookery Road

Monewden

Suffolk

IP13 7DD

FIXED ASSETS

Tangible assets

2

986

1,766

CURRENT ASSETS

Debtors

41,830

45,175

Cash at bank

9,191

31,370

51,021

76,545

CREDITORS

Amounts falling due within one year

44,936

55,625

NET CURRENT ASSETS

6,085

20,920

TOTAL ASSETS LESS CURRENT LIABILITIES

7,071

22,686

CAPITAL AND RESERVES

Called up share capital

3

108

100

Profit and loss account

6,963

22,586

SHAREHOLDERS' FUNDS

7,071

22,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 17 June 2015 and were signed by:

K E Morton - 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 and services, excluding value added tax.

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 cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

3,124

DEPRECIATION

At 1 April 2014

1,358

Charge for year

780

At 31 March 2015

2,138

NET BOOK VALUE

At 31 March 2015

986

At 31 March 2014

1,766

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

108

Ordinary

£1

108

100

8 Ordinary shares of £1 were issued during the year for cash of £ 8 .