Compass Psycare Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06227435

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

COMPASS PSYCARE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr S P Sarkar

Dr J Tarafder

REGISTERED OFFICE:

C/O FLB Accountants LLP

First Floor, 5 Anvil Court

Denmark Street

Wokingham

Berkshire

RG40 2BB

REGISTERED NUMBER:

06227435

ACCOUNTANTS:

FLB Accountants LLP

Chartered Accountants & Registered Auditors

42 King Edward Court

Windsor

Berkshire

SL4 1TG

FIXED ASSETS

Intangible assets

2

4,324

Tangible assets

3

7,034

8,338

11,358

12,662

CURRENT ASSETS

Debtors

1,680

Investments

8,000

Cash at bank

1,026

4,574

10,706

14,254

CREDITORS

Amounts falling due within one year

(14,404

)

(17,196

)

NET CURRENT LIABILITIES

(3,698

)

(2,942

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,660

9,720

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

7,460

9,520

SHAREHOLDERS' FUNDS

7,660

9,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 and authorised for issue by the Board of Directors on
31 January 2017 and were signed on its behalf by:

Dr S P Sarkar - 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 net invoiced sales of services, excluding value added tax. Turnover is recognised

when services are provided.

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 reducing balance and 15% on reducing balance

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 May 2015

and 30 April 2016

4,324

NET BOOK VALUE

At 30 April 2016

4,324

At 30 April 2015

4,324

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

26,086

DEPRECIATION

At 1 May 2015

17,748

Charge for year

1,304

At 30 April 2016

19,052

NET BOOK VALUE

At 30 April 2016

7,034

At 30 April 2015

8,338

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary "A" Shares

£1

100

Ordinary "B" Shares

£1

100

200