Birmingham Ear Clinic Limited - Abbreviated accounts 16.1

BIRMINGHAM EAR CLINIC LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R M Irving

Mrs J L Irving

REGISTERED OFFICE:

Oakmoore Court

11c Kingswood Road

Droitwich

Worcs

WR9 0QH

REGISTERED NUMBER:

08324577 (England and Wales)

ACCOUNTANTS:

Ballard Dale Syree Watson LLP

11c Kingswood Road

Hampton Lovett

Droitwich

Worcestershire

WR9 0QH

FIXED ASSETS

Tangible assets

2

1,017

2,181

CURRENT ASSETS

Debtors

76,080

103,822

Cash at bank

50,902

40,095

126,982

143,917

CREDITORS

Amounts falling due within one year

67,013

65,888

NET CURRENT ASSETS

59,969

78,029

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,986

80,210

PROVISIONS FOR LIABILITIES

203

436

NET ASSETS

60,783

79,774

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

60,683

79,674

SHAREHOLDERS' FUNDS

60,783

79,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 7 June 2016 and were signed on its
behalf by:

R M Irving - Director

Mrs J L Irving - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of 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.

Computer equipment

-

33.3% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

3,898

Additions

154

At 31 December 2015

4,052

DEPRECIATION

At 1 January 2015

1,717

Charge for year

1,318

At 31 December 2015

3,035

NET BOOK VALUE

At 31 December 2015

1,017

At 31 December 2014

2,181

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2015

and 31 December 2014:

2015

2014

£

R M Irving

Balance outstanding at start of year

21,178

-

Amounts advanced

28,560

21,178

Amounts repaid

(49,738

)

-

Balance outstanding at end of year

-

21,178

Mrs J L Irving

Balance outstanding at start of year

14,117

-

Amounts advanced

19,040

14,117

Amounts repaid

(33,157

)

-

Balance outstanding at end of year

-

14,117