Ashton Surgical and Ophthalmic Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09296261 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

5 NOVEMBER 2014 TO 30 NOVEMBER 2015

FOR

ASHTON SURGICAL AND OPHTHALMIC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T W G Grant

REGISTERED OFFICE:

Sutherland House

1759 London Road

Leigh on Sea

Essex

SS9 2RZ

REGISTERED NUMBER:

09296261 (England and Wales)

ACCOUNTANTS:

Platt Rushton LLP

Chartered Accountants

Sutherland House

1759 London Road

Leigh on Sea

Essex

SS9 2RZ

FIXED ASSETS

Tangible assets

2

19,513

CURRENT ASSETS

Stocks

1,898

Debtors

39,169

Cash at bank and in hand

1,591

42,658

CREDITORS

Amounts falling due within one year

30,584

NET CURRENT ASSETS

12,074

TOTAL ASSETS LESS CURRENT LIABILITIES

31,587

PROVISIONS FOR LIABILITIES

3,903

NET ASSETS

27,684

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

27,682

SHAREHOLDERS' FUNDS

27,684

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 31 March 2016 and were signed by:

T W G Grant - 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.

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 etc

-

15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

20,818

At 30 November 2015

20,818

DEPRECIATION

Charge for period

1,305

At 30 November 2015

1,305

NET BOOK VALUE

At 30 November 2015

19,513

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2