Smile Care Slough 24 Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03791579 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Smile Care Slough 24 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr J S Dhariwal

SECRETARY:

Mrs V K Dhariwal

REGISTERED OFFICE:

24 High Street

Slough

Berkshire

SL1 1EQ

REGISTERED NUMBER:

03791579 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Intangible assets

2

690,000

747,500

Tangible assets

3

22,346

28,891

712,346

776,391

CURRENT ASSETS

Stocks

2,500

Debtors

1,330,540

529,766

Cash at bank and in hand

19,554

504,715

1,352,594

1,036,981

CREDITORS

Amounts falling due within one year

267,327

168,241

NET CURRENT ASSETS

1,085,267

868,740

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,797,613

1,645,131

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

1,797,611

1,645,129

SHAREHOLDERS' FUNDS

1,797,613

1,645,131

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 19 December 2016 and were signed by:

Dr J S Dhariwal - 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 is recognised as services are provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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 April 2015

and 31 March 2016

1,150,000

AMORTISATION

At 1 April 2015

402,500

Amortisation for year

57,500

At 31 March 2016

460,000

NET BOOK VALUE

At 31 March 2016

690,000

At 31 March 2015

747,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

78,874

Additions

7,871

Disposals

(19,778

)

At 31 March 2016

66,967

DEPRECIATION

At 1 April 2015

49,983

Charge for year

5,588

Eliminated on disposal

(10,950

)

At 31 March 2016

44,621

NET BOOK VALUE

At 31 March 2016

22,346

At 31 March 2015

28,891

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2

5.	ULTIMATE PARENT COMPANY

Smile Care (Holdings) Limited is regarded by the director as being the company's ultimate parent company.