Company Registration No. 03588598 (England and Wales)
BLISS CLINICAL SERVICES LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016
BLISS CLINICAL SERVICES LTD
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 5
BLISS CLINICAL SERVICES LTD
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
15,357
15,357
Tangible assets
2
56,316
61,715
Investments
2
1
1
71,674
77,073
Current assets
Stocks
887
867
Debtors
1,609
2,180
Cash at bank and in hand
17,551
7,194
20,047
10,241
Creditors: amounts falling due within one year
(38,158)
(50,064)
Net current liabilities
(18,111)
(39,823)
Total assets less current liabilities
53,563
37,250
Provisions for liabilities
(3,538)
(620)
50,025
36,630
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
49,925
36,530
Shareholders' funds
50,025
36,630
BLISS CLINICAL SERVICES LTD
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2016
30 June 2016
- 2 -
For the financial year ended 30 June 2016 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 his 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 19 February 2017
Dr S Anand
Director
Company Registration No. 03588598
BLISS CLINICAL SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 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 January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of trade discounts, and is recognised as the right to consideration accrues.
1.3
Patents
Patents and trademarks are valued at cost. The trademark licence is not being amortised on the basis that it has a useful life in excess of 20 years.
1.4
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:
Land and buildings leasehold
not depreciated
Plant and machinery
20% on cost
Fixtures, fittings & equipment
25% on cost
Motor vehicles
20% on cost
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.6
Stock and work in progress
Stock is valued at lower of cost and net realisable value.
1.7
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
BLISS CLINICAL SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Investments
Total
£
£
£
£
Cost
At 1 July 2015
15,357
241,490
1
256,848
Additions
-
52
-
52
At 30 June 2016
15,357
241,542
1
256,900
Depreciation
At 1 July 2015
-
179,775
-
179,775
Charge for the year
-
5,451
-
5,451
At 30 June 2016
-
185,226
-
185,226
Net book value
At 30 June 2016
15,357
56,316
1
71,674
At 30 June 2015
15,357
61,715
1
77,073
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Bliss Clinic Ltd
England
Ordinary
100.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Bliss Clinic Ltd
Dormant
-
-
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
BLISS CLINICAL SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 5 -
4
Related party relationships and transactions
Guarantees made by directors
The directors have provided personal guarantees to the bankers Natwest in respect of the bank overdraft.