Healthcare Knowledge Limited - Period Ending 2016-12-31

Registration number: 3995239

Healthcare Knowledge Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

AIMS
8 Beechwood Grove
Harrogate
North Yorkshire
HG2 8QP

Healthcare Knowledge Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 6

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Healthcare Knowledge Limited
for the Year Ended 31 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Healthcare Knowledge Limited for the year ended 31 December 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Healthcare Knowledge Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Healthcare Knowledge Limited and state those matters that we have agreed to state to them, as a body, in this report . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Healthcare Knowledge Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Healthcare Knowledge Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Healthcare Knowledge Limited. You consider that Healthcare Knowledge Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Healthcare Knowledge Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

AIMS
8 Beechwood Grove
Harrogate
North Yorkshire
HG2 8QP

11 April 2016

Page 1

Healthcare Knowledge Limited
(Registration number: 3995239)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Intangible fixed assets					3,781			3,781
Tangible fixed assets					7,682			7,069
					11,463			10,850
Current assets
Debtors					54,671			26,458
Cash at bank and in hand					61,004			50,870
					115,675			77,328
Creditors: Amounts falling due within one year					(97,141)			(83,723)
Net current assets/(liabilities)					18,534			(6,395)
Total assets less current liabilities					29,997			4,455
Creditors: Amounts falling due after more than one year					(1,037)			(1,037)
Net assets					28,960			3,418
Capital and reserves
Called up share capital		3			2,200			2,200
Profit and loss account					26,760			1,218
Shareholders' funds					28,960			3,418

For the year ending 31 December 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 11 April 2016 and signed on its behalf by:

The notes on pages 4 to 6 form an integral part of these financial statements.
Page 2

Healthcare Knowledge Limited
(Registration number: 3995239)
Abbreviated Balance Sheet at 31 December 2015
......... continued

.........................................
H C H Whiteside
Director

The notes on pages 4 to 6 form an integral part of these financial statements.
Page 3

Healthcare Knowledge Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance basis
Equipment	25% reducing balance basis
Software	33.3% reducing balance basis

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 4

Healthcare Knowledge Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 January 2015		3,781			47,292			51,073
Additions		-			3,033			3,033
At 31 December 2015		3,781			50,325			54,106
Depreciation
At 1 January 2015		-			40,223			40,223
Charge for the year		-			2,420			2,420
At 31 December 2015		-			42,643			42,643
Net book value
At 31 December 2015		3,781			7,682			11,463
At 31 December 2014		3,781			7,069			10,850

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
A Ordinary of £1 each		2,000			2,000			2,000			2,000
B Ordinary of £1 each		200			200			200			200
		2,200			2,200			2,200			2,200

4	Related party transactions

Directors' advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
Dr M Scatchard
Director current account . Official rate of interest charged	-	-	-	-
	-	-	-	-

Page 5

Healthcare Knowledge Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

	-	-	-	-
H C H Whiteside
Director current account. Official rate of interest charged	(47)	-	1,196	-
R M Whiteside
Director current account. Official rate of interest charged	-	-	-	-

Page 6