Abbreviated Company Accounts - NATURES DISPENSARY LTD

Abbreviated Company Accounts - NATURES DISPENSARY LTD

NATURES DISPENSARY LTD - Company Information

Print Friendly Version

Registered Number 03752207

NATURES DISPENSARY LTD

Abbreviated Accounts

30 April 2016

NATURES DISPENSARY LTD Registered Number 03752207

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 8,000 16,000
Tangible assets 3 2 2
8,002 16,002
Current assets
Stocks 19,128 22,455
Debtors 10,352 3,630
Cash at bank and in hand 33,378 24,485
62,858 50,570
Creditors: amounts falling due within one year (26,578) (31,477)
Net current assets (liabilities) 36,280 19,093
Total assets less current liabilities 44,282 35,095
Total net assets (liabilities) 44,282 35,095
Capital and reserves
Called up share capital 2 2
Profit and loss account 44,280 35,093
Shareholders' funds 44,282 35,095
  • For the year ending 30 April 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 22 January 2017

And signed on their behalf by:
Ms L K Harris, Director

NATURES DISPENSARY LTD Registered Number 03752207

Notes to the Abbreviated Accounts for the period ended 30 April 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture & fittings - 15% on cost
Computer equipment - 20% on cost

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of fifteen years.

2Intangible fixed assets
£
Cost
At 1 May 2015 120,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 120,000
Amortisation
At 1 May 2015 104,000
Charge for the year 8,000
On disposals -
At 30 April 2016 112,000
Net book values
At 30 April 2016 8,000
At 30 April 2015 16,000
3Tangible fixed assets
£
Cost
At 1 May 2015 6,506
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 6,506
Depreciation
At 1 May 2015 6,504
Charge for the year -
On disposals -
At 30 April 2016 6,504
Net book values
At 30 April 2016 2
At 30 April 2015 2