LIVE WELL PSYCHOLOGY LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 08348031 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2015

for

LIVE WELL PSYCHOLOGY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Gohil

SECRETARY:

B Mehta

REGISTERED OFFICE:

102 Streatfield Road

Harrow

Middlesex

HA3 BT

REGISTERED NUMBER:

08348031 (England and Wales)

ACCOUNTANTS:

B MEHTA & CO

102 Streatfield Road

Harrow

Middlesex

HA3 9BT

FIXED ASSETS

Tangible assets

2

8,713

8,078

CURRENT ASSETS

Debtors

-

549

Cash at bank

7,130

1,837

7,130

2,386

CREDITORS

Amounts falling due within one year

15,093

8,271

NET CURRENT LIABILITIES

(7,963

)

(5,885

)

TOTAL ASSETS LESS CURRENT LIABILITIES

750

2,193

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

650

2,093

SHAREHOLDERS' FUNDS

750

2,193

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 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 15 August 2016 and were signed by:

K Gohil - 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).

Turnover

Turnover represents net invoiced sales of goods, 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.

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

12,015

Additions

1,850

At 31 December 2015

13,865

DEPRECIATION

At 1 January 2015

3,937

Charge for year

1,215

At 31 December 2015

5,152

NET BOOK VALUE

At 31 December 2015

8,713

At 31 December 2014

8,078

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary

£ 1

100

100