Wimbledon Neurocare Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07487836 (England and Wales)

WIMBLEDON NEUROCARE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr A Y M J Al-Memar

Dr O J F Foster

SECRETARY:

Mrs A Amanuel

REGISTERED OFFICE:

Unit 1 College Fields

16 Prince George Road

London

London

SW19 2PT

REGISTERED NUMBER:

07487836 (England and Wales)

ACCOUNTANTS:

Sinclairs Bartrum Lerner

Chartered Accountants

39A Welbeck Street

London

W1G 8DH

FIXED ASSETS

Tangible assets

2

381,162

295,720

CURRENT ASSETS

Debtors

3

172,683

117,827

Cash at bank

216,918

265,978

389,601

383,805

CREDITORS

Amounts falling due within one year

80,578

174,976

NET CURRENT ASSETS

309,023

208,829

TOTAL ASSETS LESS CURRENT LIABILITIES

690,185

504,549

PROVISIONS FOR LIABILITIES

47,396

8,475

NET ASSETS

642,789

496,074

CAPITAL AND RESERVES

Called up share capital

4

498,760

466,000

Share premium

163,800

-

Profit and loss account

(19,771

)

30,074

SHAREHOLDERS' FUNDS

642,789

496,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 4th July 2014 and were signed on its behalf by:

Dr A Y M J Al-Memar - Director

Dr O J F Foster - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the

year, exclusive of Value Added Tax and trade discounts.

Services provided to patients are recognised as turnover according to the date when the treatments are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% straight line on cost and 15% on cost

Deferred tax

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the

recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable

taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing

differences are expected to reverse.

Deferred tax assets and liabilities are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

372,845

Additions

177,851

At 31st December 2013

550,696

DEPRECIATION

At 1st January 2013

77,125

Charge for year

92,409

At 31st December 2013

169,534

NET BOOK VALUE

At 31st December 2013

381,162

At 31st December 2012

295,720

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 7,000 (2012 - £ 7,000 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

498,760

Ordinary Shares

£1

498,760

466,000

32,760 Ordinary Shares shares of £1 each were allotted as fully paid at a premium of £5 per share during the

year.

5.	CONTROL NOTE

The company is under the control of no individual party.