Company Registration No. 7071042 (England and Wales)
LARRETT CLINICS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
LARRETT CLINICS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
LARRETT CLINICS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
352
184
Current assets
Debtors
1,488
1,985
Cash at bank and in hand
24,211
12,114
25,699
14,099
Creditors: amounts falling due within one year
(22,646)
(13,744)
Net current assets
3,053
355
Total assets less current liabilities
3,405
539
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
3,404
538
Shareholders' funds
3,405
539
For the financial year ended 31 March 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 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 14 October 2015
D Larrett
Director
Company Registration No. 7071042
LARRETT CLINICS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
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
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
40% Reducing balance
1.5
Revenue recognition
Turnover is recognised over the period the service is provided to the customer.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
409
Additions
402
At 31 March 2015
811
Depreciation
At 1 April 2014
225
Charge for the year
234
At 31 March 2015
459
Net book value
At 31 March 2015
352
At 31 March 2014
184
LARRETT CLINICS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1