Smile Care (Plymouth City) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08763119 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Smile Care (Plymouth City) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr J S Dhariwal

REGISTERED OFFICE:

24 High Street

Slough

Berkshire

SL1 1EQ

REGISTERED NUMBER:

08763119 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Intangible assets

2

189,719

197,639

Tangible assets

3

17,432

21,790

207,151

219,429

CURRENT ASSETS

Stocks

1,000

-

Debtors

1,313

100

Cash at bank

38,228

28,887

40,541

28,987

CREDITORS

Amounts falling due within one year

312,072

283,095

NET CURRENT LIABILITIES

(271,531

)

(254,108

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(64,380

)

(34,679

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(64,480

)

(34,779

)

SHAREHOLDERS' FUNDS

(64,380

)

(34,679

)

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 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Fixtures and fittings

-

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

219,599

Additions

45,000

At 31 March 2016

264,599

AMORTISATION

At 1 April 2015

21,960

Amortisation for year

52,920

At 31 March 2016

74,880

NET BOOK VALUE

At 31 March 2016

189,719

At 31 March 2015

197,639

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

27,237

DEPRECIATION

At 1 April 2015

5,447

Charge for year

4,358

At 31 March 2016

9,805

NET BOOK VALUE

At 31 March 2016

17,432

At 31 March 2015

21,790

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100

5.	ULTIMATE PARENT COMPANY

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

6.	GOING CONCERN

As at 31 March 2016, the balance sheet showed net liabilities. The company continues to trade with the support

of Dr J S Dhariwal, the director.