Spinal Care Specialist Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07190755 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Spinal Care Specialist Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D C L Chapple

Mrs S O Chapple

REGISTERED OFFICE:

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

REGISTERED NUMBER:

07190755 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

4,112

2,560

4,112

2,560

CURRENT ASSETS

Debtors

143,726

186,053

Cash at bank

31,033

15,222

174,759

201,275

CREDITORS

Amounts falling due within one year

35,111

34,222

NET CURRENT ASSETS

139,648

167,053

TOTAL ASSETS LESS CURRENT LIABILITIES

143,760

169,613

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

143,660

169,513

SHAREHOLDERS' FUNDS

143,760

169,613

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 directors acknowledge their 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 Board of Directors on 18 December 2016 and were signed on its behalf by:

D C L Chapple - 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 represents trading income accrued during the period shown by these financial

statements.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

219,000

AMORTISATION

At 1 April 2015

and 31 March 2016

219,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

7,080

Additions

2,922

At 31 March 2016

10,002

DEPRECIATION

At 1 April 2015

4,520

Charge for year

1,370

At 31 March 2016

5,890

NET BOOK VALUE

At 31 March 2016

4,112

At 31 March 2015

2,560

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended

31 March 2016 and 31 March 2015:

2016

2015

£

£

D C L Chapple and Mrs S O Chapple

Balance outstanding at start of year

127,500

170,000

Amounts repaid

(42,500

)

(42,500

)

Balance outstanding at end of year

85,000

127,500