Peppermint Aesthetic Clinics Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC438709 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Peppermint Aesthetic Clinics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr R Ahmad

Ms L Stewart

REGISTERED OFFICE:

270 Bath Street

Glasgow

Strathclyde

G2 4JR

REGISTERED NUMBER:

SC438709 (Scotland)

ACCOUNTANTS:

Peter Deans Chartered Accountants

42 Stirling Street

Denny

Stirlingshire

FK6 6DJ

FIXED ASSETS

Tangible assets

2

50,488

56,939

CURRENT ASSETS

Stocks

1,100

1,650

Cash at bank and in hand

11,438

6,028

12,538

7,678

CREDITORS

Amounts falling due within one year

31,705

30,428

NET CURRENT LIABILITIES

(19,167

)

(22,750

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,321

34,189

CREDITORS

Amounts falling due after more than one year

31,320

44,280

NET ASSETS/(LIABILITIES)

1

(10,091

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

-

(10,092

)

SHAREHOLDERS' FUNDS

1

(10,091

)

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 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.

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 Board of Directors on 29 September 2015 and were signed on its behalf by:

Dr R Ahmad - 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.

Plant and machinery etc

-

15% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

66,987

Additions

3,119

At 31 December 2014

70,106

DEPRECIATION

At 1 January 2014

10,048

Charge for year

9,570

At 31 December 2014

19,618

NET BOOK VALUE

At 31 December 2014

50,488

At 31 December 2013

56,939

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

1

Ordinary

£1

1

1