Abbreviated Company Accounts - SPARKLE DENTAL LABS LIMITED

SDL REALISATIONS 2020 LIMITED - Company Information

07827872 SPARKLE DENTAL LABS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07827872 2014-04-01 2015-03-31 07827872 2015-03-31 07827872 2014-03-31 07827872 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07827872 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 07827872

SPARKLE DENTAL LABS LIMITED

Abbreviated Accounts

31 March 2015

SPARKLE DENTAL LABS LIMITED Registered Number 07827872

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	264,611	334,511
		264,611	334,511
Current assets
Stocks		17,749	13,749
Debtors	3	273,572	249,720
Cash at bank and in hand		395	17
		291,716	263,486
Creditors: amounts falling due within one year	4	(549,311)	(515,189)
Net current assets (liabilities)		(257,595)	(251,703)
Total assets less current liabilities		7,016	82,808
Creditors: amounts falling due after more than one year	4	(1,116,487)	(909,591)
Total net assets (liabilities)		(1,109,471)	(826,783)
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		(1,109,571)	(826,883)
Shareholders' funds		(1,109,471)	(826,783)

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 24 November 2015

And signed on their behalf by:
Mustafa Mohammed, Director

SPARKLE DENTAL LABS LIMITED Registered Number 07827872

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 April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line
Furniture & Fittings 20% straight line
IT & Other Equipment 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	438,118
Additions	25,002
Disposals	(4,680)
Revaluations	-
Transfers	-
At 31 March 2015	458,440
Depreciation
At 1 April 2014	103,607
Charge for the year	90,222
On disposals	-
At 31 March 2015	193,829
Net book values
At 31 March 2015	264,611
At 31 March 2014	334,511

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	273,572	249,720

Amounts owed by group undertakings and undertakings in which the company has a participating interest is £235,753 (March 2014 £182,607)

4Creditors

	2015 £	2014 £
Secured Debts	222,369	282,937

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100