ENT AT 150 LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 03996408 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

ENT AT 150 LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Wright LLM DM FRCS TechRMS

C A East MB FRCS

J M Graham FRCS

SECRETARY:

D J Pound

REGISTERED OFFICE:

9 Mansfield Street

London

W1G 9NY

REGISTERED NUMBER:

03996408 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

9 Mansfield Street

London

W1G 9NY

FIXED ASSETS

Tangible assets

2

2,098,678

2,224,863

CURRENT ASSETS

Debtors

48,356

27,630

Cash in hand

93

101

48,449

27,731

CREDITORS

Amounts falling due within one year

3

1,341,394

1,214,560

NET CURRENT LIABILITIES

(1,292,945

)

(1,186,829

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

805,733

1,038,034

CREDITORS

Amounts falling due after more than one
year

3

2,106,792

2,256,544

NET LIABILITIES

(1,301,059

)

(1,218,510

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

(1,302,059

)

(1,219,510

)

SHAREHOLDERS' FUNDS

(1,301,059

)

(1,218,510

)

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 15 February 2017 and were signed on
its behalf by:

A Wright LLM DM FRCS TechRMS - 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 the total invoice value, excluding value added tax, of rents and related charges

and fees from CT scanning and other procedures.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

over the duration of the lease

Fixtures and fittings

-

25% 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.

At the balance sheet date, a potential deferred tax asset of £184,928 (2015:£177,463) relating to tax

losses carried forward has not been recognised in the balance sheet.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company makes contributions to employees personal pension plans and these contributions are

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

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The directors consider it appropriate to prepare the financial statements on a going concern basis as

they are of the opinion that with the continued support of the company's shareholders, creditors and

bank the company will be able to meet its liabilities as they fall due.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

3,150,694

DEPRECIATION

At 1 June 2015

925,831

Charge for year

126,185

At 31 May 2016

1,052,016

NET BOOK VALUE

At 31 May 2016

2,098,678

At 31 May 2015

2,224,863

3.

CREDITORS

Creditors include an amount of £ 2,358,577 for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

Repayable by instalments

1,437,335

1,616,262

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary shares

£1

1,000