Abbreviated Company Accounts - WATERSIDE DENTAL LTD

WATERSIDE DENTAL LTD - Company Information

NI617299 WATERSIDE DENTAL LTD 2016-03-31 false 2015-04-01 2016-03-31 true NI617299 2015-04-01 2016-03-31 NI617299 2016-03-31 NI617299 2015-03-31 NI617299 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 NI617299 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number NI617299

WATERSIDE DENTAL LTD

Abbreviated Accounts

31 March 2016

WATERSIDE DENTAL LTD Registered Number NI617299

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	467,500	495,000
Tangible assets	3	359,791	373,488
		827,291	868,488
Current assets
Stocks		2,854	2,763
Debtors		2,665	3,799
Cash at bank and in hand		5,731	7,456
		11,250	14,018
Creditors: amounts falling due within one year		(109,413)	(100,903)
Net current assets (liabilities)		(98,163)	(86,885)
Total assets less current liabilities		729,128	781,603
Creditors: amounts falling due after more than one year		(651,178)	(706,457)
Total net assets (liabilities)		77,950	75,146
Capital and reserves
Called up share capital	4	36,934	36,934
Profit and loss account		41,016	38,212
Shareholders' funds		77,950	75,146

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 21 December 2016

And signed on their behalf by:
T O Thompson, Director

WATERSIDE DENTAL LTD Registered Number NI617299

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is
provided at rates calculated to write off the cost less estimated residual value of each asset over its
expected useful life, as follows:
Land and buildings Freehold nil
Fixtures, fittings & equipment 10% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 April 2015	550,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	550,000
Amortisation
At 1 April 2015	55,000
Charge for the year	27,500
On disposals	-
At 31 March 2016	82,500
Net book values
At 31 March 2016	467,500
At 31 March 2015	495,000

3Tangible fixed assets

	£
Cost
At 1 April 2015	546,541
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	546,541
Depreciation
At 1 April 2015	173,053
Charge for the year	13,697
On disposals	-
At 31 March 2016	186,750
Net book values
At 31 March 2016	359,791
At 31 March 2015	373,488

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
36,934 Ordinary shares of £1 each	36,934	36,934