Company Registration No. 05641237 (England and Wales)
DENTHOUSE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
DENTHOUSE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
DENTHOUSE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
31 December 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Intangible assets
2
8,125
15,625
Tangible assets
2
69,760
81,620
77,885
97,245
Current assets
Debtors
198,314
169,491
Cash at bank and in hand
103,169
53,335
301,483
222,826
Creditors: amounts falling due within one year
3
(316,293)
(244,031)
Net current liabilities
(14,810)
(21,205)
Total assets less current liabilities
63,075
76,040
Creditors: amounts falling due after more than one year
(543)
(5,268)
Provisions for liabilities
(13,030)
(11,707)
49,502
59,065
Capital and reserves
Called up share capital
4
100
100
Profit and loss account
49,402
58,965
Shareholders' funds
49,502
59,065
DENTHOUSE LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2014
31 December 2014
- 2 -
For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 22 September 2015
Mr M L Dyer
Mrs J Dyer
Director
Director
Company Registration No. 05641237
DENTHOUSE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
15% reducing balance
1.6
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.7
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
DENTHOUSE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 January 2014
75,000
130,860
205,860
Additions
-
8,408
8,408
Disposals
-
(12,495)
(12,495)
At 31 December 2014
75,000
126,773
201,773
Depreciation
At 1 January 2014
59,375
49,240
108,615
On disposals
-
(6,379)
(6,379)
Charge for the year
7,500
14,152
21,652
At 31 December 2014
66,875
57,013
123,888
Net book value
At 31 December 2014
8,125
69,760
77,885
At 31 December 2013
15,625
81,620
97,245
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £21,511 (2013 - £25,500).
4
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100