Kathryn Lee Medical Communications Ltd - Period Ending 2016-05-31

Registration number: 7643142

Kathryn Lee Medical Communications Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2016
 

Kathryn Lee Medical Communications Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Kathryn Lee Medical Communications Ltd
(Registration number: 7643142)
Abbreviated Balance Sheet at 31 May 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			322			429
Current assets
Debtors					7,579			702
Cash at bank and in hand					24,277			23,032
					31,856			23,734
Creditors: Amounts falling due within one year					(12,080)			(9,407)
Net current assets					19,776			14,327
Net assets					20,098			14,756
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					20,097			14,755
Shareholders' funds					20,098			14,756

For the year ending 31 May 2016 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 director acknowledges her 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 director on 24 August 2016

.........................................
Kathryn Louise Lee
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Kathryn Lee Medical Communications Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% Reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 June 2015		572			572
At 31 May 2016		572			572
Depreciation
At 1 June 2015		143			143
Charge for the year		107			107
At 31 May 2016		250			250
Net book value
At 31 May 2016		322			322
At 31 May 2015		429			429

Page 2

Kathryn Lee Medical Communications Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

Page 3