MISCARRIAGE_CLINIC_LIMITE - Accounts

MISCARRIAGE CLINIC LIMITED - Company Information

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Company Registration No. 06801802 (England and Wales)

MISCARRIAGE CLINIC LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

MISCARRIAGE CLINIC LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

MISCARRIAGE CLINIC LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

299,601

288,754

Current assets

Debtors

541,613

20,182

Cash at bank and in hand

292,064

172,187

833,677

192,369

Creditors: amounts falling due within one year

(685,263)

(111,817)

Net current assets

148,414

80,552

Total assets less current liabilities

448,015

369,306

Creditors: amounts falling due after more than one year

(139,255)

(93,099)

308,760

276,207

Capital and reserves

Called up share capital

100

Profit and loss account

308,660

276,107

Shareholders' funds

308,760

276,207

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 March 2017

Dr H Shehata

Director

Company Registration No. 06801802

MISCARRIAGE CLINIC LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

10% Straight line

Plant and machinery

20% Straight line

Computer equipment

25% Straight line

Fixtures, fittings & equipment

10% Straight line

Fixed assets

Tangible assets

Cost

At 1 July 2015

332,699

Additions

60,356

At 30 June 2016

393,055

Depreciation

At 1 July 2015

43,946

Charge for the year

49,508

At 30 June 2016

93,454

Net book value

At 30 June 2016

299,601

At 30 June 2015

288,754

MISCARRIAGE CLINIC LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Related party relationships and transactions

Loans to participators

The following directors had interest free loans during the year. The movement on these loans are as follows:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Dr H Shehata - Loan

(413)

454,319

39,681

414,225

(413)

454,319

39,681

414,225