Micro-entity Accounts - PENNY HEALTHCARE AND INVESTMENTS LTD

PENNY HEALTHCARE AND INVESTMENTS LTD - Company Information

06448463 PENNY HEALTHCARE AND INVESTMENTS LTD 2016-12-31 false 2016-01-01 2016-12-31 true 06448463 2016-01-01 2016-12-31 06448463 2016-12-31 06448463 2015-12-31 06448463 uk-gaap-cd-bus:Director1 2016-01-01 2016-12-31 06448463 uk-gaap-cd-bus:Director2 2016-01-01 2016-12-31 06448463 uk-gaap-cd-bus:AllEntityOfficers 2016-01-01 2016-12-31 iso4217:GBP shares

Registered Number 06448463

PENNY HEALTHCARE AND INVESTMENTS LTD

Micro-entity Accounts

31 December 2016

PENNY HEALTHCARE AND INVESTMENTS LTD Registered Number 06448463

Micro-entity Balance Sheet as at 31 December 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	1	7,570	-
		7,570	-
Current assets
Cash at bank and in hand		26,846	26,803
		26,846	26,803
Creditors: amounts falling due within one year		(15,738)	(7,703)
Net current assets (liabilities)		11,108	19,100
Total assets less current liabilities		18,678	19,100
Total net assets (liabilities)		18,678	19,100
Capital and reserves
Called up share capital		1	1
Profit and loss account		18,677	19,099
Shareholders' funds		18,678	19,100

For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 September 2017

And signed on their behalf by:
Dr Uchenna Maduka, Director

PENNY HEALTHCARE AND INVESTMENTS LTD Registered Number 06448463

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Tangible fixed assets

	£
Cost
At 1 January 2016	20,557
Additions	10,094
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	30,651
Depreciation
At 1 January 2016	20,557
Charge for the year	2,524
On disposals	-
At 31 December 2016	23,081
Net book values
At 31 December 2016	7,570
At 31 December 2015	0

2Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents revenue earned during the
period, exclusive of VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over
its estimated useful life. Equipment -25% straight line depreciation on cost.