Dr T Wong Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06980045 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Dr T Wong Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr T H Wong

Mrs S Sargent-Wong

SECRETARY:

Mrs S Sargent-Wong

REGISTERED OFFICE:

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

REGISTERED NUMBER:

06980045 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

368,296

537

368,296

537

CURRENT ASSETS

Debtors

21,249

163,143

Cash at bank

139,172

372,295

160,421

535,438

CREDITORS

Amounts falling due within one year

101,210

268,102

NET CURRENT ASSETS

59,211

267,336

TOTAL ASSETS LESS CURRENT LIABILITIES

427,507

267,873

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

427,407

267,773

SHAREHOLDERS' FUNDS

427,507

267,873

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 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 31 December 2014 and were signed on its behalf by:

Dr T H Wong - Director

Mrs S Sargent-Wong - 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 trading income accrued during the period shown by these financial

statements.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, 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.

Plant and machinery etc

-

33% 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

232,633

AMORTISATION

At 1 April 2013

and 31 March 2014

232,633

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

823

Additions

367,759

At 31 March 2014

368,582

DEPRECIATION

At 1 April 2013

and 31 March 2014

286

NET BOOK VALUE

At 31 March 2014

368,296

At 31 March 2013

537

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100