Osteopathic & Sports Therapy Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07687904 (England and Wales)

OSTEOPATHIC & SPORTS THERAPY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr D M Rapa

SECRETARY:

REGISTERED OFFICE:

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

REGISTERED NUMBER:

07687904 (England and Wales)

ACCOUNTANTS:

P G ASSOCIATES

Accountants

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

FIXED ASSETS

Tangible assets

2

1,154

1,539

CURRENT ASSETS

Debtors

1

Cash at bank

10,142

8,778

10,143

8,779

CREDITORS

Amounts falling due within one year

7,199

7,565

NET CURRENT ASSETS

2,944

1,214

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,098

2,753

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

4,097

2,752

SHAREHOLDERS' FUNDS

4,098

2,753

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 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 29 November 2016 and were signed by:

Mr D M Rapa - 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.

Plant and machinery

-

25% on reducing balance

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 April 2015

and 31 March 2016

4,377

DEPRECIATION

At 1 April 2015

2,838

Charge for year

385

At 31 March 2016

3,223

NET BOOK VALUE

At 31 March 2016

1,154

At 31 March 2015

1,539

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends totalling £12,000 were paid to the director during the year.

At the year end the company owed £2,921 to the director (2015 - £4,402). This amount is repayable on

demand and is included in Creditors due within one year.