Neopulse Ltd - Limited company - abbreviated

REGISTERED NUMBER: 08405002 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

NEOPULSE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Garratt

REGISTERED OFFICE:

1st Floor

264 Manchester Road

Warrington

Cheshire

WA1 3RB

REGISTERED NUMBER:

08405002 (England and Wales)

ACCOUNTANTS:

WatkinsonBlack

1st Floor

264 Manchester Road

Warrington

Cheshire

WA1 3RB

FIXED ASSETS

Intangible assets

2

9,450

-

Tangible assets

3

2,905

-

12,355

-

CURRENT ASSETS

Stocks

2,986

-

Debtors

581

-

Cash at bank and in hand

53,078

1

56,645

1

CREDITORS

Amounts falling due within one year

37,601

-

NET CURRENT ASSETS

19,044

1

TOTAL ASSETS LESS CURRENT
LIABILITIES

31,399

1

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

31,398

-

SHAREHOLDERS' FUNDS

31,399

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 July 2014 and were signed by:

S Garratt - 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 April 2008).

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 2013, is being amortised evenly over its estimated useful life of ten years.

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 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,500

At 31 March 2014

10,500

AMORTISATION

Amortisation for year

1,050

At 31 March 2014

1,050

NET BOOK VALUE

At 31 March 2014

9,450

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,873

At 31 March 2014

3,873

DEPRECIATION

Charge for year

968

At 31 March 2014

968

NET BOOK VALUE

At 31 March 2014

2,905

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

1

Ordinary

£1

1

Neopulse Ltd - Limited company - abbreviated - 11.0.0

Neopulse Ltd - Limited company - abbreviated - 11.0.0