Royal Mews Dental Practice Limited - Limited company - abbreviated - 11.0.0

Royal Mews Dental Practice Limited - Limited company - abbreviated - 11.0.0

ROYAL MEWS DENTAL PRACTICE LIMITED - Company Information

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Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Royal Mews Dental Practice Limited

Royal Mews Dental Practice Limited (Registered number: 07940358)






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

Royal Mews Dental Practice Limited

Company Information
for the Year Ended 31 March 2014







DIRECTOR: N G Fraser





SECRETARY: Mrs C M Fraser





REGISTERED OFFICE: 146 High Street
Billericay
Essex
CM12 9DF





REGISTERED NUMBER: 07940358 (England and Wales)





ACCOUNTANTS: Michael Letch & Partners LLP
Accountants
146 High Street
Billericay
Essex
CM12 9DF
Page 1
Royal Mews Dental Practice Limited (Registered number: 07940358)

Abbreviated Balance Sheet
31 March 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 90,292 101,236
Tangible assets 3 46,569 62,055
136,861 163,291

CURRENT ASSETS
Stocks 3,958 3,875
Debtors 1,119 1,034
Cash at bank 10,521 6,177
15,598 11,086
CREDITORS
Amounts falling due within one year 137,381 157,970
NET CURRENT LIABILITIES (121,783 ) (146,884 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
15,078
16,407

PROVISIONS FOR LIABILITIES 2,025 3,521
NET ASSETS 13,053 12,886

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 12,953 12,786
SHAREHOLDERS' FUNDS 13,053 12,886

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 notes form part of these abbreviated accounts

Page 2 continued...
Royal Mews Dental Practice Limited (Registered number: 07940358)

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 director on 1 December 2014 and were signed by:





N G Fraser - Director


The notes form part of these abbreviated accounts

Page 3
Royal Mews Dental Practice Limited (Registered number: 07940358)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2014

1. ACCOUNTING POLICIES

Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to
continue in operational existence for the foreseeable future. For this reason the directors continue to adopt the
going concern basis in preparing the financial statements.

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 goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

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 reducing balance and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 109,444
AMORTISATION
At 1 April 2013 8,208
Amortisation for year 10,944
At 31 March 2014 19,152
NET BOOK VALUE

At 31 March 2014 90,292
At 31 March 2013 101,236

Page 4 continued...
Royal Mews Dental Practice Limited (Registered number: 07940358)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 77,370
Additions 2,550
At 31 March 2014 79,920
DEPRECIATION
At 1 April 2013 15,315
Charge for year 18,036
At 31 March 2014 33,351
NET BOOK VALUE
At 31 March 2014 46,569
At 31 March 2013 62,055

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Page 5