Associated Laboratories Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05272224 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Associated Laboratories Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B P Flood

L J Mcmanus

P G Wagon

REGISTERED OFFICE:

Day Lewis House

324 Bensham Lane

Thornton Heath

Surrey

CR7 7EQ

REGISTERED NUMBER:

05272224 (England and Wales)

ACCOUNTANTS:

Bells Bookkeeping

Chislehurst Business Centre

1 Bromley Lane

Chislehurst

Kent

BR7 6LH

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

69,939

32,783

69,939

32,783

CURRENT ASSETS

Debtors

5

110,779

131,667

Cash at bank

272,812

329,434

383,591

461,101

CREDITORS

Amounts falling due within one year

6

48,332

61,042

NET CURRENT ASSETS

335,259

400,059

TOTAL ASSETS LESS CURRENT LIABILITIES

405,198

432,842

CAPITAL AND RESERVES

Called up share capital

2

3

Retained earnings

405,196

432,839

405,198

432,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 December 2017 and were signed on its behalf by:

B P Flood - Director

1.	STATUTORY INFORMATION

Associated Laboratories Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on cost and 20% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

93,999

AMORTISATION

At 1 April 2016

and 31 March 2017

93,999

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

189,950

Additions

56,449

At 31 March 2017

246,399

DEPRECIATION

At 1 April 2016

157,166

Charge for year

19,294

At 31 March 2017

176,460

NET BOOK VALUE

At 31 March 2017

69,939

At 31 March 2016

32,784

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

109,029

128,258

Other debtors

1,750

3,409

110,779

131,667

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

25,149

21,644

Taxation and social security

20,067

37,322

Other creditors

3,116

2,076

48,332

61,042

7.	ULTIMATE CONTROLLING PARTY

The entire share capital is owned by 2 of the directors.