Registered Number 06553896
MONTAGUE OPHTHALMIC LIMITED
Abbreviated Accounts
30 April 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover policy
Tangible assets depreciation policy
Plant and machinery 25% reducing balance
Other accounting policies
In accordance with FRS 10, the acquired franchise is written off in equal annual instalments over the 5 year franchise period.
Stock
Stock is valued at the lower of cost and net realisable value.
Revenue recognition
Revenue is recognised as good are sold, and services are carried out.
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.
£ | |
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Cost | |
At 1 May 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 April 2015 |
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Amortisation | |
At 1 May 2014 |
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Charge for the year |
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On disposals |
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At 30 April 2015 |
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Net book values | |
At 30 April 2015 | 0 |
At 30 April 2014 | 0 |
£ | |
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Cost | |
At 1 May 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
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At 30 April 2015 |
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Depreciation | |
At 1 May 2014 |
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Charge for the year |
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On disposals |
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At 30 April 2015 |
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Net book values | |
At 30 April 2015 | 23,011 |
At 30 April 2014 | 30,632 |
5 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 May 2014: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: |
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Balance at 30 April 2015: | £ |
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 May 2014: | £ |
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Advances or credits made: |
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Advances or credits repaid: | £ |
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Balance at 30 April 2015: | £ |