Abbreviated Company Accounts - MEGA HOMEOPATHY (UK) LIMITED

Abbreviated Company Accounts - MEGA HOMEOPATHY (UK) LIMITED

CENTRE FOR HOMEOPATHIC EDUCATIONAL INTERNATIONAL LIMITED - Company Information

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Registered Number 06328324

MEGA HOMEOPATHY (UK) LIMITED

Abbreviated Accounts

31 August 2015

MEGA HOMEOPATHY (UK) LIMITED Registered Number 06328324

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 - 445
- 445
Current assets
Debtors 71,378 91,685
Cash at bank and in hand 828 -
72,206 91,685
Creditors: amounts falling due within one year (4,799) (39,923)
Net current assets (liabilities) 67,407 51,762
Total assets less current liabilities 67,407 52,207
Creditors: amounts falling due after more than one year (15,200) 0
Total net assets (liabilities) 52,207 52,207
Reserves
Income and expenditure account 52,207 52,207
Members' funds 52,207 52,207
  • 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 29 April 2016

And signed on their behalf by:
MR M A FERNANDEZ, Director
DIRECTOR, Director

MEGA HOMEOPATHY (UK) LIMITED Registered Number 06328324

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total value of sales made during the year.

Tangible assets depreciation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Goodwill - 5% straight line

All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Website costs - over three years
Fixtures & Fittings - 25% reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 September 2014 1,173
Additions -
Disposals (1,173)
Revaluations -
Transfers -
At 31 August 2015 0
Depreciation
At 1 September 2014 728
Charge for the year -
On disposals (728)
At 31 August 2015 0
Net book values
At 31 August 2015 0
At 31 August 2014 445