Abbreviated Company Accounts - MEDICAL AND SURGICAL DERMATOLOGY ASSOCIATES LIMITED

Abbreviated Company Accounts - MEDICAL AND SURGICAL DERMATOLOGY ASSOCIATES LIMITED

MEDICAL AND SURGICAL DERMATOLOGY ASSOCIATES LIMITED - Company Information

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Registered Number 07818194

MEDICAL AND SURGICAL DERMATOLOGY ASSOCIATES LIMITED

Abbreviated Accounts

31 October 2014

MEDICAL AND SURGICAL DERMATOLOGY ASSOCIATES LIMITED Registered Number 07818194

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 375,700 397,800
Tangible assets 3 1,018 2,038
376,718 399,838
Current assets
Debtors 86,530 18,270
Cash at bank and in hand 18,952 35,324
105,482 53,594
Creditors: amounts falling due within one year (42,827) (125,420)
Net current assets (liabilities) 62,655 (71,826)
Total assets less current liabilities 439,373 328,012
Total net assets (liabilities) 439,373 328,012
Capital and reserves
Called up share capital 100 100
Profit and loss account 439,273 327,912
Shareholders' funds 439,373 328,012
  • For the year ending 31 October 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 July 2015

And signed on their behalf by:
C Archer, Director

MEDICAL AND SURGICAL DERMATOLOGY ASSOCIATES LIMITED Registered Number 07818194

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting 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 effective April 2008.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line

Intangible assets amortisation policy
Amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Purchased Goodwill 5% straight line

2Intangible fixed assets
£
Cost
At 1 November 2013 442,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2014 442,000
Amortisation
At 1 November 2013 44,200
Charge for the year 22,100
On disposals -
At 31 October 2014 66,300
Net book values
At 31 October 2014 375,700
At 31 October 2013 397,800
3Tangible fixed assets
£
Cost
At 1 November 2013 4,078
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2014 4,078
Depreciation
At 1 November 2013 2,040
Charge for the year 1,020
On disposals -
At 31 October 2014 3,060
Net book values
At 31 October 2014 1,018
At 31 October 2013 2,038