Abbreviated Company Accounts - PALL MALL MEDICAL (LIVERPOOL) HOLDINGS LIMITED

PALL MALL MEDICAL (LIVERPOOL) HOLDINGS LIMITED - Company Information

08512471 PALL MALL MEDICAL (LIVERPOOL) HOLDINGS LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 08512471 2015-09-01 2016-08-31 08512471 2016-08-31 08512471 2015-08-31 08512471 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 08512471 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 08512471

PALL MALL MEDICAL (LIVERPOOL) HOLDINGS LIMITED

Abbreviated Accounts

31 August 2016

PALL MALL MEDICAL (LIVERPOOL) HOLDINGS LIMITED Registered Number 08512471

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	146,730	183,413
Investments	3	100	100
		146,830	183,513
Current assets
Debtors		119,754	81,396
		119,754	81,396
Creditors: amounts falling due within one year		(36,007)	(36,967)
Net current assets (liabilities)		83,747	44,429
Total assets less current liabilities		230,577	227,942
Creditors: amounts falling due after more than one year		(146,376)	(141,460)
Provisions for liabilities		(10,096)	(23,434)
Total net assets (liabilities)		74,105	63,048
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		74,005	62,948
Shareholders' funds		74,105	63,048

For the year ending 31 August 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 25 May 2017

And signed on their behalf by:
Dr S K Pitalia, Director

PALL MALL MEDICAL (LIVERPOOL) HOLDINGS LIMITED Registered Number 08512471

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

1Accounting Policies

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

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

Tangible assets depreciation policy
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:

Plant and machinery 20% Reducing balance

Valuation information and policy
Fixed asset investments are stated at cost less provision for diminution in value.

Other accounting policies
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Deferred Taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 September 2015	219,880
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	219,880
Depreciation
At 1 September 2015	36,467
Charge for the year	36,683
On disposals	-
At 31 August 2016	73,150
Net book values
At 31 August 2016	146,730
At 31 August 2015	183,413

3Fixed assets Investments
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:

Company Country of registration or Shares held
incorporation Class %
Subsidiary undertakings
Pall Mall Medical (Liverpool) Ltd England & Wales Ordinary 100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves Profit/(loss) for the year
2016 2016
Principal activity £ £
Pall Mall Medical (Liverpool) Ltd Private medical services (508,220) (121,679)

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100