Company Registration No. 07282950 (England and Wales)
WANSBECK DENTAL SPA & IMPLANT CLINIC LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2015
WANSBECK DENTAL SPA & IMPLANT CLINIC LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
WANSBECK DENTAL SPA & IMPLANT CLINIC LIMITED
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2015
28 February 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
109,729
137,161
Tangible assets
2
481,044
484,327
590,773
621,488
Current assets
Stocks
7,000
-
Debtors
282,113
253,943
Cash at bank and in hand
6,388
11,511
295,501
265,454
Creditors: amounts falling due within one year
(208,750)
(165,963)
Net current assets
86,751
99,491
Total assets less current liabilities
677,524
720,979
Creditors: amounts falling due after more than one year
(526,135)
(581,883)
Provisions for liabilities
(9,454)
(9,791)
141,935
129,305
Capital and reserves
Called up share capital
3
102
102
Profit and loss account
141,833
129,203
Shareholders' funds
141,935
129,305
WANSBECK DENTAL SPA & IMPLANT CLINIC LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2015
28 February 2015
- 2 -
For the financial year ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges her 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 July 2015
Dr R Varaich
Director
Company Registration No. 07282950
WANSBECK DENTAL SPA & IMPLANT CLINIC LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015
- 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 (except as otherwise stated).
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 other than freehold land 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:
Land and buildings freehold
not provided
Office and dental equipment
20% on a reducing balance basis
Motor vehicles
25% on a reducing balance basis
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 March 2014
293,916
552,867
846,783
Additions
-
11,624
11,624
At 28 February 2015
293,916
564,491
858,407
Depreciation
At 1 March 2014
156,755
68,539
225,294
Charge for the year
27,432
14,908
42,340
At 28 February 2015
184,187
83,447
267,634
Net book value
At 28 February 2015
109,729
481,044
590,773
At 28 February 2014
137,161
484,327
621,488
WANSBECK DENTAL SPA & IMPLANT CLINIC LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2015
- 4 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
1 A Ordinary of £1 each
1
1
1 B Ordinary of £1 each
1
1
102
102