Deevale Healthcare Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06101452 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 6TH APRIL 2015

FOR

DEEVALE HEALTHCARE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

H L Roberts

I Roberts

SECRETARY:

H L Roberts

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

06101452 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

National Westminster Bank plc

33, Lord Street

Wrexham

LL11 1LP

FIXED ASSETS

Intangible assets

2

499,375

541,875

Tangible assets

3

176,067

188,161

675,442

730,036

CURRENT ASSETS

Stocks

1,500

1,500

Debtors

76,596

115,570

Cash at bank and in hand

47,184

56,500

125,280

173,570

CREDITORS

Amounts falling due within one year

544,377

565,828

NET CURRENT LIABILITIES

(419,097

)

(392,258

)

TOTAL ASSETS LESS CURRENT LIABILITIES

256,345

337,778

CREDITORS

Amounts falling due after more than one year

-

(20,581

)

PROVISIONS FOR LIABILITIES

(7,991

)

(8,513

)

NET ASSETS

248,354

308,684

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

248,254

308,584

SHAREHOLDERS' FUNDS

248,354

308,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 6th April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 6th April 2015 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 1st July 2015 and were signed on its behalf by:

H L Roberts - 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 fees, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Improvements to leasehold

-

4% on cost

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% 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 timing differences that have originated but not reversed at the

balance sheet date.

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 the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 7th April 2014

and 6th April 2015

850,000

AMORTISATION

At 7th April 2014

308,125

Amortisation for year

42,500

At 6th April 2015

350,625

NET BOOK VALUE

At 6th April 2015

499,375

At 6th April 2014

541,875

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 7th April 2014

327,673

Additions

4,537

At 6th April 2015

332,210

DEPRECIATION

At 7th April 2014

139,512

Charge for year

16,631

At 6th April 2015

156,143

NET BOOK VALUE

At 6th April 2015

176,067

At 6th April 2014

188,161

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

6.4.15

6.4.14

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE PARENT COMPANY

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES