Dr Karen Morton Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07935667 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

DR KAREN MORTON LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K E Morton

SECRETARY:

N S Saxby

REGISTERED OFFICE:

Mount Alvernia Hospital

Harvey Road

Guildford

Surrey

GU1 3LX

REGISTERED NUMBER:

07935667 (England and Wales)

ACCOUNTANTS:

Saxbys Chartered Accountants

Maple House

Rookery Road

Monewden

Suffolk

IP13 7DD

FIXED ASSETS

Tangible assets

2

205

986

CURRENT ASSETS

Debtors

29,714

41,830

Cash at bank

9,768

9,191

39,482

51,021

CREDITORS

Amounts falling due within one year

40,477

44,936

NET CURRENT (LIABILITIES)/ASSETS

(995

)

6,085

TOTAL ASSETS LESS CURRENT
LIABILITIES

(790

)

7,071

CAPITAL AND RESERVES

Called up share capital

3

108

Profit and loss account

(898

)

6,963

SHAREHOLDERS' FUNDS

(790

)

7,071

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 her 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 2 June 2016 and were signed by:

K E Morton - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company meets its day to day working capital requirements through a director loan, which

will not be repaid within twelve months. Accordingly, the financial statements have been

prepared on a going concern basis and do not include any adjustments that would result from a

withdrawal of this loan.

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 and services, 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

-

25% 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.

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

At 1 April 2015

and 31 March 2016

3,124

DEPRECIATION

At 1 April 2015

2,138

Charge for year

781

At 31 March 2016

2,919

NET BOOK VALUE

At 31 March 2016

205

At 31 March 2015

986

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

108

Ordinary

£1

108