Arif Aslam Dermatology Services Ltd - Period Ending 2016-03-31

Registration number: 07769285

Arif Aslam Dermatology Services Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Arif Aslam Dermatology Services Ltd
(Registration number: 07769285)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			313			416
Current assets
Debtors					513			1,062
Cash at bank and in hand					231			1,143
					744			2,205
Creditors: Amounts falling due within one year					(6,473)			(10,128)
Net current liabilities					(5,729)			(7,923)
Total assets less current liabilities					(5,416)			(7,507)
Provisions for liabilities					(63)			(83)
Net liabilities					(5,479)			(7,590)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(5,579)			(7,690)
Shareholders' deficit					(5,479)			(7,590)

For the year ending 31 March 2016 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 22 December 2016 and signed on its behalf by:

.........................................
Dr A M Aslam
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Arif Aslam Dermatology Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... 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 January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% per annum reducing balance basis

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Arif Aslam Dermatology Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		1,049			1,049
At 31 March 2016		1,049			1,049
Depreciation
At 1 April 2015		633			633
Charge for the year		103			103
At 31 March 2016		736			736
Net book value
At 31 March 2016		313			313
At 31 March 2015		416			416

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

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