Bingley Physio & Sports Injury ClinicLtd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08148996 (England and Wales)

Bingley Physiotherapy & Sports Injury

Clinic Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Kunz

REGISTERED OFFICE:

7 Henry Street

Keighley

West Yorkshire

BD21 3DR

REGISTERED NUMBER:

08148996 (England and Wales)

ACCOUNTANTS:

Simon Hart ACCA

Hart Wright Accounting

Chartered Certified Accountants

7 Henry St

Keighley

West Yorkshire

BD21 3DR

FIXED ASSETS

Intangible assets

2

2,200

4,400

Tangible assets

3

16,082

104

18,282

4,504

CURRENT ASSETS

Stocks

350

350

Debtors

-

415

Cash at bank and in hand

5,168

6,162

5,518

6,927

CREDITORS

Amounts falling due within one year

24,326

10,755

NET CURRENT LIABILITIES

(18,808

)

(3,828

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(526

)

676

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(626

)

576

SHAREHOLDERS' FUNDS

(526

)

676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 3 October 2016 and were signed by:

R Kunz - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five 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

-

33% on cost and 25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

11,000

AMORTISATION

At 1 August 2015

6,600

Amortisation for year

2,200

At 31 July 2016

8,800

NET BOOK VALUE

At 31 July 2016

2,200

At 31 July 2015

4,400

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

455

Additions

20,791

At 31 July 2016

21,246

DEPRECIATION

At 1 August 2015

351

Charge for year

4,813

At 31 July 2016

5,164

NET BOOK VALUE

At 31 July 2016

16,082

At 31 July 2015

104

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

1

100

100