Epping Physiotherapy Clinic Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05963133 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

EPPING PHYSIOTHERAPY CLINIC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Cairns

SECRETARY:

A L Cairns

REGISTERED OFFICE:

52 Great Eastern Street

London

EC2A 3EP

REGISTERED NUMBER:

05963133 (England and Wales)

ACCOUNTANTS:

Oppenheim Scroxton

52 Great Eastern Street

London

EC2A 3EP

FIXED ASSETS

Intangible assets

2

85,250

93,000

Tangible assets

3

3,075

4,100

88,325

97,100

CURRENT ASSETS

Stocks

1,434

1,540

Debtors

2,685

7,939

Cash at bank and in hand

42,008

41,020

46,127

50,499

CREDITORS

Amounts falling due within one year

47,754

50,877

NET CURRENT LIABILITIES

(1,627

)

(378

)

TOTAL ASSETS LESS CURRENT LIABILITIES

86,698

96,722

CREDITORS

Amounts falling due after more than one year

4

81,210

89,508

NET ASSETS

5,488

7,214

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

5,388

7,114

SHAREHOLDERS' FUNDS

5,488

7,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 27 April 2016 and were signed by:

P Cairns - 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 January 2015).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

155,000

AMORTISATION

At 1 April 2015

62,000

Amortisation for year

7,750

At 31 March 2016

69,750

NET BOOK VALUE

At 31 March 2016

85,250

At 31 March 2015

93,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

23,413

DEPRECIATION

At 1 April 2015

19,313

Charge for year

1,025

At 31 March 2016

20,338

NET BOOK VALUE

At 31 March 2016

3,075

At 31 March 2015

4,100

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

£

Repayable by instalments

48,018

56,316

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100