Abbreviated Company Accounts - SPARKLE DENTAL LABS LIMITED

Abbreviated Company Accounts - SPARKLE DENTAL LABS LIMITED

SDL REALISATIONS 2020 LIMITED - Company Information

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Registered Number 07827872

SPARKLE DENTAL LABS LIMITED

Abbreviated Accounts

31 March 2016

SPARKLE DENTAL LABS LIMITED Registered Number 07827872

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 194,752 264,611
194,752 264,611
Current assets
Stocks 18,681 17,749
Debtors 244,540 273,572
Cash at bank and in hand 8,418 395
271,639 291,716
Prepayments and accrued income - -
Creditors: amounts falling due within one year (419,119) (549,311)
Net current assets (liabilities) (147,480) (257,595)
Total assets less current liabilities 47,272 7,016
Creditors: amounts falling due after more than one year (1,292,890) (1,116,487)
Total net assets (liabilities) (1,245,618) (1,109,471)
Capital and reserves
Called up share capital 100 100
Profit and loss account (1,245,718) (1,109,571)
Shareholders' funds (1,245,618) (1,109,471)
  • For the year ending 31 March 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 1 February 2017

And signed on their behalf by:
Mustafa Mohammed, Director

SPARKLE DENTAL LABS LIMITED Registered Number 07827872

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

Plant and Machinery - 20% Straight Line
Furniture and Fittings - 20% Straight Line
IT and Other Equipment - 25% Straight Line

2Tangible fixed assets
£
Cost
At 1 April 2015 458,440
Additions 24,774
Disposals -
Revaluations -
Transfers -
At 31 March 2016 483,214
Depreciation
At 1 April 2015 193,829
Charge for the year 94,633
On disposals -
At 31 March 2016 288,462
Net book values
At 31 March 2016 194,752
At 31 March 2015 264,611