Abbreviated Company Accounts - AGHALEE PHARMACY PRACTICE LTD

AGHALEE PHARMACY PRACTICE LTD - Company Information

NI050422 AGHALEE PHARMACY PRACTICE LTD 2015-04-30 false 2014-05-01 2015-04-30 true NI050422 2014-05-01 2015-04-30 NI050422 2015-04-30 NI050422 2014-04-30 NI050422 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 NI050422 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number NI050422

AGHALEE PHARMACY PRACTICE LTD

Abbreviated Accounts

30 April 2015

AGHALEE PHARMACY PRACTICE LTD Registered Number NI050422

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	274,500	305,000
Tangible assets	3	10,115	1,394
		284,615	306,394
Current assets
Stocks		57,215	58,020
Debtors		101,895	92,045
Cash at bank and in hand		104,213	110,703
		263,323	260,768
Net current assets (liabilities)		263,323	260,768
Total assets less current liabilities		547,938	567,162
Creditors: amounts falling due after more than one year		(243,685)	(223,994)
Total net assets (liabilities)		304,253	343,168
Capital and reserves
Called up share capital	4	3	3
Profit and loss account		304,250	343,165
Shareholders' funds		304,253	343,168

For the year ending 30 April 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 18 December 2015

And signed on their behalf by:
Zita Graham, Director

AGHALEE PHARMACY PRACTICE LTD Registered Number NI050422

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The company prepared its financial accounts on the historical cost basis of
accounting.

Turnover policy
Turnover represents the value of goods invoiced to customers less returns and value
added tax.

Tangible assets depreciation policy
i. Fixed Assets are stated at cost.

ii. Depreciation is calculated to write off the net cost of fixed assets over their estimated
useful lives, by the straight line method at the following rates:

Fixtures, Fittings and Equipment 25%
Van 25%

Valuation information and policy
Stocks have been valued by the directors at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 May 2014	610,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	610,000
Amortisation
At 1 May 2014	305,000
Charge for the year	30,500
On disposals	-
At 30 April 2015	335,500
Net book values
At 30 April 2015	274,500
At 30 April 2014	305,000

3Tangible fixed assets

	£
Cost
At 1 May 2014	67,358
Additions	14,766
Disposals	(4,200)
Revaluations	-
Transfers	-
At 30 April 2015	77,924
Depreciation
At 1 May 2014	65,964
Charge for the year	6,045
On disposals	(4,200)
At 30 April 2015	67,809
Net book values
At 30 April 2015	10,115
At 30 April 2014	1,394

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3