Abbreviated Company Accounts - MICHAEL CARLING LIMITED

MICHAEL CARLING LIMITED - Company Information

05984158 MICHAEL CARLING LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 05984158 2013-11-01 2014-10-31 05984158 2014-10-31 05984158 2013-10-31 05984158 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 05984158 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 05984158

MICHAEL CARLING LIMITED

Abbreviated Accounts

31 October 2014

MICHAEL CARLING LIMITED Registered Number 05984158

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	734,118	775,280
Tangible assets	3	25,442	26,780
		759,560	802,060
Current assets
Stocks		5,370	6,623
Debtors		61,144	46,789
Cash at bank and in hand		2	2
		66,516	53,414
Creditors: amounts falling due within one year		(257,086)	(257,268)
Net current assets (liabilities)		(190,570)	(203,854)
Total assets less current liabilities		568,990	598,206
Creditors: amounts falling due after more than one year		(47,706)	(149,960)
Total net assets (liabilities)		521,284	448,246
Capital and reserves
Called up share capital	4	200	200
Profit and loss account		521,084	448,046
Shareholders' funds		521,284	448,246

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 28 July 2015

And signed on their behalf by:
Michael Carling, Director
Charlotte Carling, Director

MICHAEL CARLING LIMITED Registered Number 05984158

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have
been prepared under the historical cost convention and in accordance with the Financial Reporting
Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover comprises revenue recognised by the company in respect of dental services supplied
during the year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives on the following bases:
Fixtures & fittings - 25% reducing balance
Office equipment - 25% reducing balance
Computer equipment - 25% reducing balance

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value
of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its
estimated economic life.

2Intangible fixed assets

	£
Cost
At 1 November 2013	1,027,797
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	1,027,797
Amortisation
At 1 November 2013	252,517
Charge for the year	41,162
On disposals	-
At 31 October 2014	293,679
Net book values
At 31 October 2014	734,118
At 31 October 2013	775,280

3Tangible fixed assets

	£
Cost
At 1 November 2013	131,868
Additions	7,142
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	139,010
Depreciation
At 1 November 2013	105,088
Charge for the year	8,480
On disposals	-
At 31 October 2014	113,568
Net book values
At 31 October 2014	25,442
At 31 October 2013	26,780

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
200 Ordinary shares of £1 each	200	200