Abbreviated Company Accounts - ANN STREET DENTAL PRACTICE LIMITED

ANN STREET DENTAL PRACTICE LIMITED - Company Information

Registered Number NI605869

ANN STREET DENTAL PRACTICE LIMITED

Abbreviated Accounts

31 January 2015

ANN STREET DENTAL PRACTICE LIMITED Registered Number NI605869

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	177,780	188,891
Tangible assets	3	38,736	42,799
		216,516	231,690
Current assets
Stocks		2,506	2,532
Debtors		4,566	6,949
Cash at bank and in hand		29,194	27,217
		36,266	36,698
Creditors: amounts falling due within one year		(31,877)	(78,474)
Net current assets (liabilities)		4,389	(41,776)
Total assets less current liabilities		220,905	189,914
Creditors: amounts falling due after more than one year		(13,962)	(19,484)
Total net assets (liabilities)		206,943	170,430
Capital and reserves
Called up share capital		100	100
Profit and loss account		206,843	170,330
Shareholders' funds		206,943	170,430

For the year ending 31 January 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 October 2015

And signed on their behalf by:
Christopher Kelly, Director
Sinead Kelly, Director

ANN STREET DENTAL PRACTICE LIMITED Registered Number NI605869

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful economic life, as follows:
Plant & machinery – 15% reducing balance
Fixtures, fittings & equipment – 15% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

2Intangible fixed assets

	£
Cost
At 1 February 2014	222,224
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	222,224
Amortisation
At 1 February 2014	33,333
Charge for the year	11,111
On disposals	-
At 31 January 2015	44,444
Net book values
At 31 January 2015	177,780
At 31 January 2014	188,891

3Tangible fixed assets

	£
Cost
At 1 February 2014	55,948
Additions	2,773
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	58,721
Depreciation
At 1 February 2014	13,149
Charge for the year	6,836
On disposals	-
At 31 January 2015	19,985
Net book values
At 31 January 2015	38,736
At 31 January 2014	42,799