Abbreviated Company Accounts - LOVE MEDICAL LIMITED
Abbreviated Company Accounts - LOVE MEDICAL LIMITED
Registered Number 06558818
LOVE MEDICAL LIMITED
Abbreviated Accounts
31 August 2015
LOVE MEDICAL LIMITED Registered Number 06558818
Abbreviated Balance Sheet as at 31 August 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
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 assets (liabilities) |
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( |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 August 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
And signed on their behalf by:
LOVE MEDICAL LIMITED Registered Number 06558818
Notes to the Abbreviated Accounts for the period ended 31 August 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Income receivable from service and maintenance contracts is recognised on a straight line basis over the contract term. Income from service and maintenance contracts which relates to periods subsequent to the period end is included in current liabilities as deferred income
Tangible assets depreciation policy
Short leasehold - 10% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost
£ | |
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Cost | |
At 1 September 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 August 2015 |
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Depreciation | |
At 1 September 2014 |
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Charge for the year |
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On disposals |
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At 31 August 2015 |
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Net book values | |
At 31 August 2015 | 28,828 |
At 31 August 2014 | 33,482 |