1. Accounting policies

Basis of measurement and preparation of accounts

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for smaller entities.

Turnover policy

Turnover represents the amount receivable from chiropractic services

Tangible fixed assets depreciation policy

Depreciation is normally provided by the company to write off the cost of valuation less the estimated residual value of the tangible assets over their estimated useful lives, as follows: equipment 5 years, fixtures and fittings 5 years, property 50 years

Intangible fixed assets amortisation policy

Intangible fixed assets (including goodwill and any patents) were amortized at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. However, during the period 2013/4 the company ceased trading, as a result of which the majority of the assets were sold

Valuation information and policy

Stock and work in progress were valued at the lower of cost and net realisable value. However, there were no stock or work in progress during the current year as the company had ceased trading.

Other accounting policies

There are no other accounting policies which were or had to be adhered to as the company had ceased trading during the previous financial year.

2. Called up share capital

Allotted, called up and paid