Health Currancy Ltd - Limited company - abbreviated

REGISTERED NUMBER: 07589098 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

HEALTH CURRANCY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss D F Cushman

Mrs N J Bundock

REGISTERED OFFICE:

Woodlands

Golf Drive

Camberley

Surrey

GU15 1JG

REGISTERED NUMBER:

07589098 (England and Wales)

ACCOUNTANTS:

Radford & Sergeant

Building 3

Watchmoor Park

Camberley

Surrey

GU15 3YL

FIXED ASSETS

Tangible assets

2

170

340

CURRENT ASSETS

Stocks

22,200

1,566

Debtors

3,923

-

Cash at bank

15,232

-

41,355

1,566

CREDITORS

Amounts falling due within one year

92,516

25,210

NET CURRENT LIABILITIES

(51,161

)

(23,644

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(50,991

)

(23,304

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(51,091

)

(23,404

)

SHAREHOLDERS' FUNDS

(50,991

)

(23,304

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 21 January 2015 and were signed on its behalf by:

Miss D F Cushman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared on a going concern basis despite the net liabilities. The directors

have expressed their willingness to continue to support the company financially for the foreseeable future.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

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. Deferred tax assets arising from tax losses are recognised to the extent that it is reasonably

certain that they will be utilised.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

510

DEPRECIATION

At 1 May 2013

170

Charge for year

170

At 30 April 2014

340

NET BOOK VALUE

At 30 April 2014

170

At 30 April 2013

340

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

100

Ordinary

£1

100

Health Currancy Ltd - Limited company - abbreviated - 11.6

Health Currancy Ltd - Limited company - abbreviated - 11.6