Kingston Physio Limited - Abbreviated accounts

KINGSTON PHYSIO LIMITED - Company Information

Registered number

05374221

Kingston Physio Limited

Abbreviated Accounts

31 March 2016

Kingston Physio Limited
Registered number:		05374221
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		13,500			15,000
Tangible assets	3		1,951			1,383
			15,451			16,383

Current assets
Debtors		42,936			19,256
Cash at bank and in hand		-			11,666
		42,936			30,922

Creditors: amounts falling due within one year		(44,245)			(26,383)

Net current (liabilities)/assets			(1,309)			4,539

Total assets less current liabilities			14,142			20,922

Creditors: amounts falling due after more than one year			(13,970)			(20,690)



Net assets			172			232

Capital and reserves
Called up share capital	4		100			100
Profit and loss account			72			132

Shareholders' funds			172			232

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M Basak
Director
Approved by the board on 22 December 2016

Kingston Physio Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Intangible fixed assets					£

	Cost
	At 1 April 2015					30,000
	At 31 March 2016					30,000

	Amortisation
	At 1 April 2015					15,000
	Provided during the year					1,500
	At 31 March 2016					16,500

	Net book value
	At 31 March 2016					13,500
	At 31 March 2015					15,000


3	Tangible fixed assets					£

	Cost
	At 1 April 2015					9,509
	Additions					993
	At 31 March 2016					10,502

	Depreciation
	At 1 April 2015					8,126
	Charge for the year					425
	At 31 March 2016					8,551

	Net book value
	At 31 March 2016					1,951
	At 31 March 2015					1,383


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100


5	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	M Basak
	Interest free loan	18,407		(96,361)		120,853		42,899

		18,407		(96,361)		120,853		42,899