The Beverley Clinic Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06904961 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

THE BEVERLEY CLINIC LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr N Skipp

R Howorko

REGISTERED OFFICE:

Unit 9b

Upper Wingbury Farm

Wingrave

Aylesbury

Buckinghamshire

HP22 4LW

REGISTERED NUMBER:

06904961 (England and Wales)

ACCOUNTANTS:

Taylor Roberts

Unit 9b

Upper Wingbury Farm

Wingrave

Aylesbury

Buckinghamshire

HP22 4LW

FIXED ASSETS

Intangible assets

2

139,750

150,500

Tangible assets

3

23,877

8,056

163,627

158,556

CURRENT ASSETS

Stocks

2,000

Debtors

36,742

8,911

Cash at bank and in hand

1,344

9,858

40,086

20,769

CREDITORS

Amounts falling due within one year

92,232

78,767

NET CURRENT LIABILITIES

(52,146

)

(57,998

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

111,481

100,558

CREDITORS

Amounts falling due after more than one
year

(50,000

)

-

PROVISIONS FOR LIABILITIES

(1,620

)

(155

)

NET ASSETS

59,861

100,403

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

59,761

100,303

SHAREHOLDERS' FUNDS

59,861

100,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 19 December 2016 and were signed on its behalf
by:

Dr N Skipp - 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).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

215,000

AMORTISATION

At 1 June 2015

64,500

Amortisation for year

10,750

At 31 May 2016

75,250

NET BOOK VALUE

At 31 May 2016

139,750

At 31 May 2015

150,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

32,258

Additions

23,251

At 31 May 2016

55,509

DEPRECIATION

At 1 June 2015

24,202

Charge for year

7,430

At 31 May 2016

31,632

NET BOOK VALUE

At 31 May 2016

23,877

At 31 May 2015

8,056

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

5.	ULTIMATE PARENT COMPANY

Aura Dental Excellence & Facial Aesthetics Limited is regarded by the directors as being the company's ultimate

parent company.