Health Zone Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03349945 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

HEALTH ZONE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Faik

M Qadri

SECRETARY:

M Qadri

REGISTERED OFFICE:

Suite 211/212

Surrey House

34 Eden Street

Kingston upon Thames

Surrey

KT1 1ER

REGISTERED NUMBER:

03349945 (England and Wales)

ACCOUNTANTS:

J Tanna & Co Limited

Suite 211/212

Surrey House

34 Eden Street

Kingston upon Thames

Surrey

KT1 1ER

FIXED ASSETS

Tangible assets

2

2,315,250

2,369,735

CURRENT ASSETS

Stocks

99,231

77,158

Debtors

100,000

-

Cash at bank and in hand

529,977

381,179

729,208

458,337

CREDITORS

Amounts falling due within one year

203,435

185,067

NET CURRENT ASSETS

525,773

273,270

TOTAL ASSETS LESS CURRENT LIABILITIES

2,841,023

2,643,005

CREDITORS

Amounts falling due after more than one year

3

2,100,000

2,000,000

NET ASSETS

741,023

643,005

CAPITAL AND RESERVES

Called up share capital

4

200

200

Profit and loss account

740,823

642,805

SHAREHOLDERS' FUNDS

741,023

643,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 13 October 2015 and were signed on its behalf by:

A Faik - Director

M Qadri - 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 sale of services, excluding value added tax. It is recognised when the company

has earned the right to the consideration by fulfilling its obligations.

Tangible fixed assets

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

Land and buildings

-

2% on cost and in accordance with the property

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value on a first in first out basis and 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 April 2014

and 31 March 2015

2,750,657

DEPRECIATION

At 1 April 2014

380,922

Charge for year

54,485

At 31 March 2015

435,407

NET BOOK VALUE

At 31 March 2015

2,315,250

At 31 March 2014

2,369,735

3.

CREDITORS

Creditors include an amount of £ 2,100,000 (31.3.14 - £ 2,000,000 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

100

Preference

£1

100

100

200

200