Abbreviated Company Accounts - W. M. ROSTEN LTD

06536834 W. M. ROSTEN LTD 2015-03-31 false 2014-04-01 2015-03-31 true 06536834 2014-04-01 2015-03-31 06536834 2015-03-31 06536834 2014-03-31 06536834 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06536834 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06536834

W. M. ROSTEN LTD

Abbreviated Accounts

31 March 2015

W. M. ROSTEN LTD Registered Number 06536834

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	110,500	119,000
Tangible assets	3	244,630	258,632
		355,130	377,632
Current assets
Stocks		1,000	1,000
Debtors		6,208	12,576
Cash at bank and in hand		1,890	-
		9,098	13,576
Creditors: amounts falling due within one year	4	(224,636)	(244,319)
Net current assets (liabilities)		(215,538)	(230,743)
Total assets less current liabilities		139,592	146,889
Creditors: amounts falling due after more than one year	4	(8,522)	(19,881)
Total net assets (liabilities)		131,070	127,008
Capital and reserves
Called up share capital	5	1,002	1,002
Profit and loss account		130,068	126,006
Shareholders' funds		131,070	127,008

For the year ending 31 March 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 21 December 2015

And signed on their behalf by:
DR NEEL PANCHAL, Director

W. M. ROSTEN LTD Registered Number 06536834

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

Turnover policy
Turnover represents amounts receivable for dental services net of discounts.

Tangible assets depreciation policy
Land and buildings freehold 2% straight line
Plant and machinery 25% on reducing balance

Intangible assets amortisation policy
Goodwill
Goodwill is written off in equal installments over its estimated useful life.

Other accounting policies
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the assets have passed to the company,are capitalized in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligation is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

2Intangible fixed assets

	£
Cost
At 1 April 2014	170,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	170,000
Amortisation
At 1 April 2014	51,000
Charge for the year	8,500
On disposals	-
At 31 March 2015	59,500
Net book values
At 31 March 2015	110,500
At 31 March 2014	119,000

3Tangible fixed assets

	£
Cost
At 1 April 2014	352,755
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	352,755
Depreciation
At 1 April 2014	94,123
Charge for the year	14,002
On disposals	-
At 31 March 2015	108,125
Net book values
At 31 March 2015	244,630
At 31 March 2014	258,632

4Creditors

	2015 £	2014 £
Secured Debts	233,158	264,200

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,002 Ordinary shares of £1 each	1,002	1,002