Imperial Herbary Chinese Medicine Centre - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04243919 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2015

FOR

IMPERIAL HERBARY CHINESE MEDICINE

CENTRE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr G Li

SECRETARY:

Mrs Z Zhao

REGISTERED OFFICE:

1 The Hop Market

Worcester

Worcestershire

WR1 1DL

REGISTERED NUMBER:

04243919 (England and Wales)

ACCOUNTANTS:

NJR Accountancy Services Limited

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

BANKERS:

Lloyds TSB

9 Corn Square

Leominster

Herefordshire

HR6 8LT

FIXED ASSETS

Tangible assets

2

376

493

CURRENT ASSETS

Stocks

732

651

Cash at bank

30,289

26,743

31,021

27,394

CREDITORS

Amounts falling due within one year

30,787

15,891

NET CURRENT ASSETS

234

11,503

TOTAL ASSETS LESS CURRENT LIABILITIES

610

11,996

CAPITAL AND RESERVES

Called up share capital

3

350

350

Profit and loss account

260

11,646

SHAREHOLDERS' FUNDS

610

11,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4th January 2016 and were signed by:

Mr G Li - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st July 2014

and 30th June 2015

1,980

479

2,459

DEPRECIATION

At 1st July 2014

1,846

120

1,966

Charge for year

27

90

117

At 30th June 2015

1,873

210

2,083

NET BOOK VALUE

At 30th June 2015

107

269

376

At 30th June 2014

134

359

493

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

350

Ordinary

£1

350

350