Smile By Design Limited - Limited company - abbreviated - 11.6
Smile By Design Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts For The Year Ended 31 October 2014 |
for |
Smile By Design Limited |
Smile By Design Limited (Registered number: 05479912) |
Contents of the Abbreviated Accounts |
For The Year Ended 31 October 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Smile By Design Limited |
Company Information |
For The Year Ended 31 October 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Smile By Design Limited (Registered number: 05479912) |
Abbreviated Balance Sheet |
31 October 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
Smile By Design Limited (Registered number: 05479912) |
Abbreviated Balance Sheet - continued |
31 October 2014 |
The financial statements were approved by the Board of Directors on by: |
Smile By Design Limited (Registered number: 05479912) |
Notes to the Abbreviated Accounts |
For The Year Ended 31 October 2014 |
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 the value of goods and services supplied. NHS income is recognised based on the levels of |
orthodontic activity delivered. Where there is under-delivery against target activity levels, a potential clawback |
arises and a creditor is established. Private treatment is recognised based on the stage of completion. |
Goodwill |
Tangible fixed assets |
Plant and machinery etc | - |
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. |
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. |
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. |
Government grants |
Grants received to assist with the purchase of tangible fixed assets are amortised over a period to match the life |
of the asset acquired. Revenue grants are recognised in the profit and loss account in the period in which they are |
received. |
Smile By Design Limited (Registered number: 05479912) |
Notes to the Abbreviated Accounts - continued |
For The Year Ended 31 October 2014 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 October 2014 |
AMORTISATION |
Amortisation for year |
At 31 October 2014 |
NET BOOK VALUE |
At 31 October 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 October 2014 |
DEPRECIATION |
Charge for year |
At 31 October 2014 |
NET BOOK VALUE |
At 31 October 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |