DJB Labcare Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05365732 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2013

for

DJB Labcare Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

Mr D J Bradnam

Mrs P Bradnam

Mr C D Bradnam

SECRETARY:

Mrs P Bradnam

REGISTERED OFFICE:

20 Howard Way

Cromwell Business Centre

Newport Pagnell

Buckinghamshire

MK16 9QS

REGISTERED NUMBER:

05365732 (England and Wales)

ACCOUNTANTS:

Michael J. Emery & Co Limited

Chartered Accountants

22 St John Street

Newport Pagnell

Buckinghamshire

MK16 8HJ

FIXED ASSETS

Intangible assets

2

66,732

113,837

Tangible assets

3

93,207

62,124

159,939

175,961

CURRENT ASSETS

Stocks

117,369

96,939

Debtors

165,246

191,288

Cash at bank and in hand

433,189

413,401

715,804

701,628

CREDITORS

Amounts falling due within one year

495,170

501,025

NET CURRENT ASSETS

220,634

200,603

TOTAL ASSETS LESS CURRENT LIABILITIES

380,573

376,564

CREDITORS

Amounts falling due after more than one year

-

51,766

NET ASSETS

380,573

324,798

CAPITAL AND RESERVES

Called up share capital

4

103

103

Profit and loss account

380,470

324,695

SHAREHOLDERS' FUNDS

380,573

324,798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 July 2014 and were signed on its behalf by:

Mr C D Bradnam - Director

Mr D J Bradnam - Director

Mrs P Bradnam - 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, adjusted for work in progress

partially completed at selling price.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% 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

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

471,050

AMORTISATION

At 1 January 2013

357,213

Amortisation for year

47,105

At 31 December 2013

404,318

NET BOOK VALUE

At 31 December 2013

66,732

At 31 December 2012

113,837

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

160,834

Additions

72,328

Disposals

(47,291

)

At 31 December 2013

185,871

DEPRECIATION

At 1 January 2013

98,710

Charge for year

29,759

Eliminated on disposal

(35,805

)

At 31 December 2013

92,664

NET BOOK VALUE

At 31 December 2013

93,207

At 31 December 2012

62,124

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary A

£1

100

100

2

Ordinary B non voting

£1

2

2

1

Ordinary C non voting

£1

1

1

103

103

5.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 December 2013 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Michael J. Emery & Co Limited

Chartered Accountants

22 St John Street

Newport Pagnell

Buckinghamshire

MK16 8HJ

Date: .............................................