Abbreviated Company Accounts - NATURES DISPENSARY LTD

Abbreviated Company Accounts - NATURES DISPENSARY LTD

NATURES DISPENSARY LTD - Company Information

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Registered Number 03752207

NATURES DISPENSARY LTD

Abbreviated Accounts

30 April 2015

NATURES DISPENSARY LTD Registered Number 03752207

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 16,000 24,000
Tangible assets 3 2 31
16,002 24,031
Current assets
Stocks 22,455 19,834
Debtors 3,630 2,325
Cash at bank and in hand 24,485 12,696
50,570 34,855
Creditors: amounts falling due within one year (31,477) (29,396)
Net current assets (liabilities) 19,093 5,459
Total assets less current liabilities 35,095 29,490
Total net assets (liabilities) 35,095 29,490
Capital and reserves
Called up share capital 2 2
Profit and loss account 35,093 29,488
Shareholders' funds 35,095 29,490
  • 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 16 January 2016

And signed on their behalf by:
Ms L K Harris, Director

NATURES DISPENSARY LTD Registered Number 03752207

Notes to the Abbreviated Accounts for the period ended 30 April 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Fixtures & fittings - 15% on cost
Computer equipment - 20% on cost

Intangible assets amortisation policy
Goodwill is being amortised evenly over its estimated useful life of fifteen years.

2Intangible fixed assets
£
Cost
At 1 May 2014 120,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 120,000
Amortisation
At 1 May 2014 96,000
Charge for the year 8,000
On disposals -
At 30 April 2015 104,000
Net book values
At 30 April 2015 16,000
At 30 April 2014 24,000

The business was acquired in 2002.

3Tangible fixed assets
£
Cost
At 1 May 2014 6,506
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 6,506
Depreciation
At 1 May 2014 6,475
Charge for the year 29
On disposals -
At 30 April 2015 6,504
Net book values
At 30 April 2015 2
At 30 April 2014 31