R Bhatt Associates Ltd - Limited company - abbreviated - 11.6

R Bhatt Associates Ltd - Limited company - abbreviated - 11.6

R BHATT ASSOCIATES LIMITED - Company Information

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REGISTERED NUMBER: 07187456 (England and Wales)













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

R BHATT ASSOCIATES LTD

R BHATT ASSOCIATES LTD (REGISTERED NUMBER: 07187456)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

R BHATT ASSOCIATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2014







DIRECTORS: Dr R J Bhatt
Mrs R R Bhatt





REGISTERED OFFICE: Lonsdale
High Street
Lutterworth
Leicestershire
LE17 4AD





REGISTERED NUMBER: 07187456 (England and Wales)





ACCOUNTANTS: Crowfoot Accountants Limited
Lonsdale
High Street
Lutterworth
Leicestershire
LE17 4AD
Page 1
R BHATT ASSOCIATES LTD (REGISTERED NUMBER: 07187456)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 76,000 152,000
Tangible assets 3 519,857 3,530
595,857 155,530

CURRENT ASSETS
Debtors 25,910 15,814
Cash at bank 453,000 431,451
478,910 447,265
CREDITORS
Amounts falling due within one year 388,555 112,228
NET CURRENT ASSETS 90,355 335,037
TOTAL ASSETS LESS CURRENT
LIABILITIES
686,212
490,567

PROVISIONS FOR LIABILITIES 600 -
NET ASSETS 685,612 490,567

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 685,610 490,565
SHAREHOLDERS' FUNDS 685,612 490,567

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 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 notes form part of these abbreviated accounts

Page 2 continued...
R BHATT ASSOCIATES LTD (REGISTERED NUMBER: 07187456)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2014


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 10 December 2014 and were signed
on its behalf by:




Dr R J Bhatt - Director



Mrs R R Bhatt - Director


The notes form part of these abbreviated accounts

Page 3
R BHATT ASSOCIATES LTD (REGISTERED NUMBER: 07187456)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of three years.

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

Fixtures and fittings - 15% on reducing balance

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 380,000
AMORTISATION
At 1 April 2013 228,000
Amortisation for year 76,000
At 31 March 2014 304,000
NET BOOK VALUE

At 31 March 2014 76,000
At 31 March 2013 152,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 5,040
Additions 516,857
At 31 March 2014 521,897
DEPRECIATION
At 1 April 2013 1,510
Charge for year 530
At 31 March 2014 2,040
NET BOOK VALUE
At 31 March 2014 519,857
At 31 March 2013 3,530

Page 4 continued...
R BHATT ASSOCIATES LTD (REGISTERED NUMBER: 07187456)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2014

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
2 Ordinary £1 2 2

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
R BHATT ASSOCIATES LTD

The following reproduces the text of the report prepared for the directors in respect of the
company's annual unaudited financial statements, from which the unaudited abbreviated
accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of R Bhatt Associates Ltd for the year ended 31 March 2014 which
comprise the Profit and Loss Account, the Balance Sheet and the related notes 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 R Bhatt Associates Ltd, as a body, in accordance
with our terms of engagement. Our work has been undertaken solely to prepare for your approval the
financial statements of R Bhatt Associates Ltd and state those matters that we have agreed to state to
the Board of Directors of R Bhatt Associates Ltd, 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 the company and its Board of Directors, as a body, for our work or for
this report.

It is your duty to ensure that R Bhatt Associates Ltd has kept adequate accounting records and to
prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial
position and profit of R Bhatt Associates Ltd. You consider that R Bhatt Associates Ltd 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 financial statements of R Bhatt
Associates Ltd. 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 financial statements.






Crowfoot Accountants Limited
Lonsdale
High Street
Lutterworth
Leicestershire
LE17 4AD


10 December 2014

This page does not form part of the abbreviated accounts

Page 6