Holbrook Practice Limited - Abbreviated accounts 16.1

Holbrook Practice Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 06521114 (England and Wales)











Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Holbrook Practice Limited

Holbrook Practice Limited (Registered number: 06521114)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Certified Accountants' Report 5

Holbrook Practice Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: Dr Zhalel Nooralii
Sadegh Keyhani





SECRETARY: Sadegh Keyhani





REGISTERED OFFICE: Chantry Lodge
Pyecombe Street
PYECOMBE
West Sussex
BN45 7EE





REGISTERED NUMBER: 06521114 (England and Wales)





ACCOUNTANTS: Shahram Moallemi and Co
Chantry Lodge
Pyecombe
West Sussex
BN45 7EE

Holbrook Practice Limited (Registered number: 06521114)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 1,200,000 1,200,000
Tangible assets 3 53,966 28,154
Investments 4 - -
Investment property 5 596,020 596,020
1,849,986 1,824,174

CURRENT ASSETS
Debtors 91,409 75,510
Cash at bank 763,352 1,302,771
854,761 1,378,281
CREDITORS
Amounts falling due within one year 218,629 1,026,919
NET CURRENT ASSETS 636,132 351,362
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,486,118

2,175,536

CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and loss account 2,486,116 2,175,534
SHAREHOLDERS' FUNDS 2,486,118 2,175,536

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 24 November 2016 and were signed on its behalf
by:



Sadegh Keyhani - Director


Holbrook Practice Limited (Registered number: 06521114)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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 - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

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 April 2015
and 31 March 2016 1,200,000
NET BOOK VALUE

At 31 March 2016 1,200,000
At 31 March 2015 1,200,000

Holbrook Practice Limited (Registered number: 06521114)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 97,197
Additions 33,991
At 31 March 2016 131,188
DEPRECIATION
At 1 April 2015 69,043
Charge for year 8,179
At 31 March 2016 77,222
NET BOOK VALUE
At 31 March 2016 53,966
At 31 March 2015 28,154

4. FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Pembroke Practice Ltd
Nature of business: Dental Practice
%
Class of shares: holding
Ordinary 100.00

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2015
and 31 March 2016 596,020
NET BOOK VALUE
At 31 March 2016 596,020
At 31 March 2015 596,020

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
2 Ordinary 1 2 2

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Holbrook Practice Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Holbrook Practice Limited for the year ended 31 March 2016 which comprise the Profit and Loss
Account, the Balance Sheet, and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Holbrook Practice Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Holbrook Practice Limited and state those matters that we have agreed to state to the Board of Directors of Holbrook Practice Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Holbrook Practice Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Holbrook Practice Limited. You consider that Holbrook Practice Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Holbrook Practice Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Shahram Moallemi and Co
Chantry Lodge
Pyecombe
West Sussex
BN45 7EE


Date: .............................................