Astek Dental Laboratory Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03742273 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Astek Dental Laboratory Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs A Pocock

SECRETARY:

Mr P W Pocock

REGISTERED OFFICE:

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

REGISTERED NUMBER:

03742273 (England and Wales)

ACCOUNTANTS:

Brayshaw Morey

Certified Public Accountants

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

BANKERS:

HSBC

18 North Street

Leatherhead

Surrey

KT22 7AR

FIXED ASSETS

Tangible assets

2

16,120

19,045

CURRENT ASSETS

Debtors

12,167

18,977

Cash at bank and in hand

38,399

43,558

50,566

62,535

CREDITORS

Amounts falling due within one year

34,365

45,490

NET CURRENT ASSETS

16,201

17,045

TOTAL ASSETS LESS CURRENT LIABILITIES

32,321

36,090

CREDITORS

Amounts falling due after more than one year

6,544

8,459

NET ASSETS

25,777

27,631

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

25,773

27,627

SHAREHOLDERS' FUNDS

25,777

27,631

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 director acknowledges her 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 20 October 2015 and were signed by:

Mrs A Pocock - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures, fittings & equipment

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

50,059

DEPRECIATION

At 1 April 2014

31,014

Charge for year

2,925

At 31 March 2015

33,939

NET BOOK VALUE

At 31 March 2015

16,120

At 31 March 2014

19,045

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

4

Ordinary

1

4

4