Accounts filed on 31-07-2016

Accounts filed on 31-07-2016

CAMERON RAY LIMITED - Company Information

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032472792015-08-012016-07-31falsetruehttp://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-07-31http://www.companieshouse.gov.uk/cd:Director12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-08-012016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-07-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2016-07-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-08-012016-07-31http://www.companieshouse.gov.uk/2014-08-012015-07-31http://www.companieshouse.gov.uk/2015-08-012016-07-31http://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/2016-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03247279
Dental Management Services Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
Dental Management Services Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 03247279
Dental Management Services Limited
Registered Number: 03247279
BALANCE SHEET AT 31/07/2016
20162015
Notes££
FIXED ASSETS
Intangible assets259,20168,084
Tangible assets327,60725,513
86,80893,597
CURRENT ASSETS
Stock1,4101,369
Debtors (amounts falling due within one year)429,998-
Cash at bank and in hand70,52063,684
101,92865,053
CREDITORS: Amounts falling due within one year41,71041,083
NET CURRENT ASSETS60,21823,970
TOTAL ASSETS LESS CURRENT LIABILITIES147,026117,567
CAPITAL AND RESERVES
Called up share capital5100100
Profit and loss account146,926117,467
SHAREHOLDERS' FUNDS147,026117,567
For the year ending 31/07/2016 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 12/04/2017 and signed on their behalf by
David Charles Arnold Mason
Director
Dental Management Services Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
Dental Management Services Limited
1h. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/08/2015142,125142,125
At 31/07/2016142,125142,125
Depreciation
At 01/08/201574,04174,041
For the year8,8838,883
At 31/07/201682,92482,924
Net Book Amounts
At 31/07/201659,20159,201
At 31/07/201568,08468,084
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/08/2015110,441110,441
Additions11,31111,311
At 31/07/2016121,752121,752
Depreciation
At 01/08/201584,92884,928
For the year9,2179,217
At 31/07/201694,14594,145
Net Book Amounts
At 31/07/201627,60727,607
At 31/07/201525,51325,513
Dental Management Services Limited
4. DEBTORS 20162015
££
Amounts falling due within one year:
Other debtors29,998-
29,998-
5. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
6. TRANSACTIONS WITH DIRECTORS
Dr and Mrs Mason - Directors Balance outstanding at start of year 0.00 Amount drawdown during year 30,000 Balance outstanding at end of year 30,000
The outstanding balance on the directors loan account was repaid in full on 3 February 2017.
7. CONTROLLING PARTY
Are the directors and shareholders of the company