Company Registration No. 07387135 (England and Wales)
ABERGAVENNY DENTAL LABORATORIES LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
ABERGAVENNY DENTAL LABORATORIES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABERGAVENNY DENTAL LABORATORIES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
30 June 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
30,000
35,000
Tangible assets
2
930
2,587
30,930
37,587
Current assets
Debtors
6,925
7,754
Cash at bank and in hand
87,015
63,046
93,940
70,800
Creditors: amounts falling due within one year
(25,482)
(25,717)
Net current assets
68,458
45,083
Total assets less current liabilities
99,388
82,670
Provisions for liabilities
(186)
(517)
99,202
82,153
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
99,200
82,151
Shareholders' funds
99,202
82,153
ABERGAVENNY DENTAL LABORATORIES LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2015
30 June 2015
- 2 -
For the financial year ended 30 June 2015 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 28 August 2015
P M Reardon
Director
Company Registration No. 07387135
ABERGAVENNY DENTAL LABORATORIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
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 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:
Plant and machinery
15% Straight line
Computer equipment
33 1/3% Straight line
Motor vehicles
25% Straight line
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 July 2014 & at 30 June 2015
50,000
7,265
57,265
Depreciation
At 1 July 2014
15,000
4,678
19,678
Charge for the year
5,000
1,657
6,657
At 30 June 2015
20,000
6,335
26,335
Net book value
At 30 June 2015
30,000
930
30,930
At 30 June 2014
35,000
2,587
37,587
ABERGAVENNY DENTAL LABORATORIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2015
- 4 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2