K Sharma Clinics Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC413769 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

K Sharma Clinics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Srivastava

Dr K Sharma

REGISTERED OFFICE:

B/1, 9 Queens Crescent

Glasgow

G4 9BW

REGISTERED NUMBER:

SC413769 (Scotland)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

11 Somerset Place

Glasgow

G3 7JT

FIXED ASSETS

Tangible assets

2

8,413

10,357

CURRENT ASSETS

Debtors

2,873

-

Cash at bank and in hand

4,075

3,211

6,948

3,211

CREDITORS

Amounts falling due within one year

13,524

11,245

NET CURRENT LIABILITIES

(6,576

)

(8,034

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,837

2,323

PROVISIONS FOR LIABILITIES

1,682

2,148

NET ASSETS

155

175

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

153

173

SHAREHOLDERS' FUNDS

155

175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 15 March 2016 and were signed on its behalf by:

A Srivastava - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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

Total

£

COST

At 1 January 2015

and 31 December 2015

18,330

DEPRECIATION

At 1 January 2015

7,973

Charge for year

1,944

At 31 December 2015

9,917

NET BOOK VALUE

At 31 December 2015

8,413

At 31 December 2014

10,357

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

2

Ordinary

£1

2

2