Abbreviated Company Accounts - W. M. ROSTEN LTD

06536834 W. M. ROSTEN LTD 2014-03-31 false 2013-04-01 2014-03-31 true 06536834 2013-04-01 2014-03-31 06536834 2014-03-31 06536834 2013-03-31 06536834 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06536834 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06536834

W. M. ROSTEN LTD

Abbreviated Accounts

31 March 2014

W. M. ROSTEN LTD Registered Number 06536834

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	119,000	127,500
Tangible assets	3	258,632	273,498
		377,632	400,998
Current assets
Stocks		1,000	1,000
Debtors		12,576	3,877
Cash at bank and in hand		-	15,858
		13,576	20,735
Creditors: amounts falling due within one year	4	(244,319)	(262,832)
Net current assets (liabilities)		(230,743)	(242,097)
Total assets less current liabilities		146,889	158,901
Creditors: amounts falling due after more than one year	4	(19,881)	(32,834)
Total net assets (liabilities)		127,008	126,067
Capital and reserves
Called up share capital	5	1,002	1,002
Profit and loss account		126,006	125,065
Shareholders' funds		127,008	126,067

For the year ending 31 March 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 15 December 2014

And signed on their behalf by:
Dr Neel Panchal, Director

W. M. ROSTEN LTD Registered Number 06536834

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for dental services net of trade discounts.

Tangible assets depreciation policy
Land and buildings freehold 2% straight line
Plant & machinery 25% Reducing balance

Intangible assets amortisation policy
Goodwill
Goodwill is written off in equal installments over its estimated useful life.

Other accounting policies
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the assets have passed to the company, are capitalized in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligation is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

2Intangible fixed assets

	£
Cost
At 1 April 2013	170,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	170,000
Amortisation
At 1 April 2013	42,500
Charge for the year	8,500
On disposals	-
At 31 March 2014	51,000
Net book values
At 31 March 2014	119,000
At 31 March 2013	127,500

3Tangible fixed assets

	£
Cost
At 1 April 2013	350,487
Additions	2,268
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	352,755
Depreciation
At 1 April 2013	76,989
Charge for the year	17,134
On disposals	-
At 31 March 2014	94,123
Net book values
At 31 March 2014	258,632
At 31 March 2013	273,498

4Creditors

	2014 £	2013 £
Secured Debts	244,319	262,832

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,002 A Ordinary shares of £1 each	1,002	1,002