AGH Diagnostics Limited - Limited company - abbreviated

REGISTERED NUMBER: 07548891 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

AGH Diagnostics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr I G Hide

SECRETARY:

Mrs A J Hide

REGISTERED OFFICE:

4 Osbaldeston Gardens

Gosforth

Newcastle upon Tyne

NE3 4JE

REGISTERED NUMBER:

07548891 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

Chartered Accountants

Queens Court Business Centre

Newport Road

Middlesbrough

Cleveland

TS1 5EH

FIXED ASSETS

Intangible assets

2

140,000

160,000

CURRENT ASSETS

Debtors

7,503

-

Cash at bank

172,665

89,423

180,168

89,423

CREDITORS

Amounts falling due within one year

35,020

55,954

NET CURRENT ASSETS

145,148

33,469

TOTAL ASSETS LESS CURRENT
LIABILITIES

285,148

193,469

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

285,146

193,467

SHAREHOLDERS' FUNDS

285,148

193,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 14 December 2014 and were signed by:

Dr I G Hide - 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 represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

200,000

AMORTISATION

At 1 April 2013

40,000

Amortisation for year

20,000

At 31 March 2014

60,000

NET BOOK VALUE

At 31 March 2014

140,000

At 31 March 2013

160,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

1

Ordinary

£1

1

Ordinary B

£1

1

2

4.	RELATED PARTY DISCLOSURES

As at 31st March 2014 the director owed the company £7,503. This was repaid in full on the 6th April 2014.

(2013: The company owed its director £11,080)

AGH Diagnostics Limited - Limited company - abbreviated - 11.0.0

AGH Diagnostics Limited - Limited company - abbreviated - 11.0.0