Cambridge Medical Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03001054 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

CAMBRIDGE MEDICAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Farboud

SECRETARY:

Bradshaw Johnson Secretarial Limited

REGISTERED OFFICE:

Yew Tree House

The Shrubbery

Church Street

St Neots

Cambs

PE19 2BU

REGISTERED NUMBER:

03001054 (England and Wales)

ACCOUNTANTS:

Bradshaw Johnson

Chartered Accountants

Croft Chambers

11 Bancroft

Hitchin

Hertfordshire

SG5 1JQ

FIXED ASSETS

Tangible assets

2

550

734

CURRENT ASSETS

Stocks

16,788

12,928

Debtors

88,703

67,770

Cash at bank

184,253

155,106

289,744

235,804

CREDITORS

Amounts falling due within one year

214,610

172,047

NET CURRENT ASSETS

75,134

63,757

TOTAL ASSETS LESS CURRENT LIABILITIES

75,684

64,491

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

75,584

64,391

SHAREHOLDERS' FUNDS

75,684

64,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 September 2015 and were signed by:

A Farboud - 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 sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

16,829

DEPRECIATION

At 1 January 2014

16,095

Charge for year

184

At 31 December 2014

16,279

NET BOOK VALUE

At 31 December 2014

550

At 31 December 2013

734

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

£1

100

100