The Automation Clinic Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06529948 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

The Automation Clinic Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S B Love

Mrs M L Love

SECRETARY:

Mrs M L Love

REGISTERED OFFICE:

Unit 17, Indus Acre

Avro Way

Bowerhill Industrial Estate

Melksham

Wiltshire

SN12 6TP

REGISTERED NUMBER:

06529948 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

12,604

17,351

CURRENT ASSETS

Stocks

3,860

41,200

Debtors

79,819

83,383

Cash at bank

35,550

-

119,229

124,583

CREDITORS

Amounts falling due within one year

127,057

119,352

NET CURRENT (LIABILITIES)/ASSETS

(7,828

)

5,231

TOTAL ASSETS LESS CURRENT LIABILITIES

4,776

22,582

CREDITORS

Amounts falling due after more than one year

-

(583

)

PROVISIONS FOR LIABILITIES

(2,521

)

(3,470

)

NET ASSETS

2,255

18,529

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,155

18,429

SHAREHOLDERS' FUNDS

2,255

18,529

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 3 November 2015 and were signed on its behalf by:

S B Love - 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

-

25% on reducing balance

Furniture, fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

29,910

Additions

160

Disposals

(1,452

)

At 31 March 2015

28,618

DEPRECIATION

At 1 April 2014

12,559

Charge for year

4,907

Eliminated on disposal

(1,452

)

At 31 March 2015

16,014

NET BOOK VALUE

At 31 March 2015

12,604

At 31 March 2014

17,351

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

80

Ordinary A

£1

80

80

20

Ordinary B

£1

20

20

100

100