P A Stockton Optician Limited - Period Ending 2015-04-30
P A Stockton Optician Limited - Period Ending 2015-04-30
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
P A Stockton Optician Limited
Contents
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P A Stockton Optician Limited
(Registration number: 05417275)
Abbreviated Balance Sheet at 30 April 2015
Note |
2015
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2014
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Fixed assets |
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Intangible fixed assets |
- |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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Mrs P A Hoyle
Director
1
P A Stockton Optician Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis.
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost,less any estimated residual value,over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Asset class |
Depreciation method and rate |
Fixtures and fittings |
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Office equipment |
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Stock
Deferred tax
P A Stockton Optician Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Financial instruments
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 May 2014 |
84,000 |
12,985 |
96,985 |
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At 30 April 2015 |
84,000 |
12,985 |
96,985 |
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Depreciation |
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At 1 May 2014 |
75,600 |
8,840 |
84,440 |
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Charge for the year |
8,400 |
765 |
9,165 |
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At 30 April 2015 |
84,000 |
9,605 |
93,605 |
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Net book value |
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At 30 April 2015 |
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At 30 April 2014 |
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Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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P A Stockton Optician Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Related party transactions |
Director's advances and credits |
2015 |
2015 |
2014 |
2014 |
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Mrs P A Hoyle |
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- |
22,000 |
- |
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- |
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2,400 |
- |
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- |
8,613 |
- |
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- |
17,926 |
- |
59,963 |
- |
50,939 |
- |
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