Abbreviated Company Accounts - PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Abbreviated Company Accounts - PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED - Company Information

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Registered Number 05815641

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED

Abbreviated Accounts

31 May 2016

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED Registered Number 05815641

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 214 426
214 426
Current assets
Stocks 150 150
Debtors 3,300 1,395
Cash at bank and in hand 9,541 10,514
12,991 12,059
Creditors: amounts falling due within one year (13,005) (12,334)
Net current assets (liabilities) (14) (275)
Total assets less current liabilities 200 151
Total net assets (liabilities) 200 151
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 100 51
Shareholders' funds 200 151
  • For the year ending 31 May 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 23 February 2017

And signed on their behalf by:
P M Allen, Director

PRESTWOOD OSTEOPATHIC & NATURAL HEALTH CENTRE LIMITED Registered Number 05815641

Notes to the Abbreviated Accounts for the period ended 31 May 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 amounts chargeable in respect of the sale of goods & services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets , so as to write off the cost or valuation , less any estimated residual value over their expected useful economic life
Office Equipment 33% straight line
Other tangible fixed assets 33% straight line

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stock . Net realisable value is based on selling price less anticipated costs to completion and selling costs

2Tangible fixed assets
£
Cost
At 1 June 2015 2,546
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 2,546
Depreciation
At 1 June 2015 2,120
Charge for the year 212
On disposals -
At 31 May 2016 2,332
Net book values
At 31 May 2016 214
At 31 May 2015 426
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: P M Allen
Description of the transaction: Advance to Director,interest free
Balance at 1 June 2015: £ 698
Advances or credits made: £ 1,650
Advances or credits repaid: £ 698
Balance at 31 May 2016: £ 1,650
Name of director receiving advance or credit: Balwinder Kaur Allen
Description of the transaction: Advance to Director,interest free
Balance at 1 June 2015: £ 698
Advances or credits made: £ 1,650
Advances or credits repaid: £ 698
Balance at 31 May 2016: £ 1,650