Colin Campbell Specialist Dental Care Limited - Period Ending 2014-05-31

Registration number: 06929653

Colin Campbell Specialist Dental Care Limited

trading as Refine

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2014
 

Colin Campbell Specialist Dental Care Limited
trading as Refine
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Colin Campbell Specialist Dental Care Limited
trading as Refine
(Registration number: 06929653)
Abbreviated Balance Sheet at 31 May 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets		2			5,891			12,136
Current assets
Stocks					5,200			5,200
Debtors					54,878			54,270
Cash at bank and in hand					345,143			330,595
					405,221			390,065
Creditors: Amounts falling due within one year					(243,583)			(343,096)
Net current assets					161,638			46,969
Total assets less current liabilities					167,529			59,105
Provisions for liabilities					(1,178)			(2,427)
Net assets					166,351			56,678
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					166,349			56,676
Shareholders' funds					166,351			56,678

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Colin Campbell Specialist Dental Care Limited
trading as Refine
(Registration number: 06929653)
Abbreviated Balance Sheet at 31 May 2014
......... continued

For the year ending 31 May 2014 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 3 September 2014 and signed on its behalf by:

.........................................
A J Leivers
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Colin Campbell Specialist Dental Care Limited
trading as Refine
Notes to the Abbreviated Accounts for the Year Ended 31 May 2014
......... 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 April 2008).

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year. Income is recognised based on the date goods are despatched and the level of completion of services.

Depreciation

Tangible fixed assets are initially recorded at cost. Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Medical equipment	20% straight line basis
Fixtures, fittings and equipment	20% straight line basis
Website	33.3% straight line basis
Computer equipment	33.3% straight line basis

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Page 3

Colin Campbell Specialist Dental Care Limited
trading as Refine
Notes to the Abbreviated Accounts for the Year Ended 31 May 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 June 2013		47,526			47,526
Additions		1,979			1,979
At 31 May 2014		49,505			49,505
Depreciation
At 1 June 2013		35,390			35,390
Charge for the year		8,224			8,224
At 31 May 2014		43,614			43,614
Net book value
At 31 May 2014		5,891			5,891
At 31 May 2013		12,136			12,136

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

Page 4