Abbreviated Company Accounts - PENNY HEALTHCARE AND INVESTMENTS LTD

Abbreviated Company Accounts - PENNY HEALTHCARE AND INVESTMENTS LTD


Registered Number 06448463

PENNY HEALTHCARE AND INVESTMENTS LTD

Abbreviated Accounts

31 December 2015

PENNY HEALTHCARE AND INVESTMENTS LTD Registered Number 06448463

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 - 4,960
- 4,960
Current assets
Cash at bank and in hand 26,803 15,203
26,803 15,203
Creditors: amounts falling due within one year (7,703) (7,105)
Net current assets (liabilities) 19,100 8,098
Total assets less current liabilities 19,100 13,058
Total net assets (liabilities) 19,100 13,058
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 19,099 13,057
Shareholders' funds 19,100 13,058
  • For the year ending 31 December 2015 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 directors acknowledge their 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 Board on 26 September 2016

And signed on their behalf by:
Dr U Maduka, Director

PENNY HEALTHCARE AND INVESTMENTS LTD Registered Number 06448463

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents revenue earned during the
period, exclusive of VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over
its estimated useful life. Equipment -25% straight line depreciation on cost.

2Tangible fixed assets
£
Cost
At 1 January 2015 20,557
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 20,557
Depreciation
At 1 January 2015 15,597
Charge for the year 4,960
On disposals -
At 31 December 2015 20,557
Net book values
At 31 December 2015 0
At 31 December 2014 4,960
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1