The Willocks Practice Limited - Period Ending 2015-05-31
The Willocks Practice Limited - Period Ending 2015-05-31
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
The Willocks Practice Limited
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The Willocks Practice Limited
(Registration number: 03579588)
Abbreviated Balance Sheet at 31 May 2015
Note |
2015
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2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Capital redemption reserve |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
N M Drew
Director
1
The Willocks Practice Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Computer equipment |
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Motor vehicles |
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Deferred tax
Hire purchase and leasing
Financial instruments
The Willocks Practice Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Pensions
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 June 2014 |
167,500 |
114,001 |
281,501 |
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Additions |
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5,536 |
5,536 |
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At 31 May 2015 |
167,500 |
119,537 |
287,037 |
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Depreciation |
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At 1 June 2014 |
117,250 |
77,934 |
195,184 |
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Charge for the year |
8,375 |
12,203 |
20,578 |
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At 31 May 2015 |
125,625 |
90,137 |
215,762 |
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Net book value |
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At 31 May 2015 |
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At 31 May 2014 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2015
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2014
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Amounts falling due within one year |
1,640 |
1,254 |
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Amounts falling due after more than one year |
3,938 |
5,578 |
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Total secured creditors |
5,578 |
6,832 |
The Willocks Practice Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
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No. |
£ |
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Related party transactions |
Directors' advances and credits |
2015 |
2015 |
2014 |
2014 |
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N M Drew |
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R Andrews |
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