Alluradent Limited - Period Ending 2014-04-14

Registration number: 07408602

Alluradent Limited

trading as Care Dental

Unaudited Abbreviated Accounts

for the Year Ended 14 April 2014
 

Jani Taylor Associates Limited
Chartered Accountants, Advocates and Business Advisers
OFFICE 6A 1ST FLOOR POPIN BUSINESS CENTRE
SOUTH WAY
WEMBLEY
MIDDLESEX
HA9 0HF

Alluradent Limited
trading as Care Dental
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Alluradent Limited
trading as Care Dental
for the Year Ended 14 April 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alluradent Limited for the year ended 14 April 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Alluradent Limited, as a body, in accordance with the terms of our engagement letterdated 2 July 2012. Our work has been undertaken solely to prepare for your approval the accounts of Alluradent Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alluradent Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Alluradent Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Alluradent Limited. You consider that Alluradent Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Alluradent Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Jani Taylor Associates Limited
Chartered Accountants, Advocates and Business Advisers
OFFICE 6A 1ST FLOOR POPIN BUSINESS CENTRE
SOUTH WAY
WEMBLEY
MIDDLESEX
HA9 0HF

25 November 2014

Page 1

Alluradent Limited
trading as Care Dental
(Registration number: 07408602)
Abbreviated Balance Sheet at 14 April 2014

		Note			2014 £			2013 £
Fixed assets
Intangible fixed assets					843,283			893,283
Tangible fixed assets					14,471			23,039
					857,754			916,322
Current assets
Debtors					8,886			660
Cash at bank and in hand					30,056			21,359
					38,942			22,019
Creditors: Amounts falling due within one year					(576,679)			(583,383)
Net current liabilities					(537,737)			(561,364)
Total assets less current liabilities					320,017			354,958
Creditors: Amounts falling due after more than one year					(248,479)			(261,812)
Net assets					71,538			93,146
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					71,438			93,046
Shareholders' funds					71,538			93,146

For the year ending 14 April 2014 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 November 2014 and signed on its behalf by:

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

Alluradent Limited
trading as Care Dental
(Registration number: 07408602)
Abbreviated Balance Sheet at 14 April 2014
......... continued

.........................................
Dr Rajan Syal
Director

.........................................
Mrs Sunita Syal
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Alluradent Limited
trading as Care Dental
Notes to the Abbreviated Accounts for the Year Ended 14 April 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Intangible assets are amortised on a straight line basis over their estimated useful lives up to a maximum of 20 years. The carrying value of intangible assets is reviewed for impairment at the end of the first full year following acquisition and in other periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Asset class	Amortisation method and rate
Goodwill	over 20 years

Depreciation

Depreciation is provided on all tangible assets, other than leasehold investment properties where the lease has 20 years or more to run, at rates calculated to write off the cost, less estimated residual value based on prices prevailing at the date of acquisition, of each asset evenly over its expected useful life as follows:

Asset class	Depreciation method and rate
Leasehold Property	over remaining life of the lease
Fixtures & Fittings	20% per annum on cost
Office Equipment	33.33% per annum on cost

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 4

Alluradent Limited
trading as Care Dental
Notes to the Abbreviated Accounts for the Year Ended 14 April 2014
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 15 April 2013		993,283			40,175			1,033,458
At 14 April 2014		993,283			40,175			1,033,458
Depreciation
At 15 April 2013		100,000			17,136			117,136
Charge for the year		50,000			8,568			58,568
At 14 April 2014		150,000			25,704			175,704
Net book value
At 14 April 2014		843,283			14,471			857,754
At 14 April 2013		893,283			23,039			916,322

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Share Capital of £1 each		100			100			100			100

Page 5