Registered Number 05039242
ROMFORD & ILFORD FAMILY CHIROPRACTIC LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
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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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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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:
1Accounting Policies
Basis of measurement and preparation of accounts
with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 25% on reducing balance
Fixtures, fittings and equipment - 20% on reducing balance
Other accounting policies
Rentals payable under operating leases are changed against income on a straight line
basis over the lease term.
Related party transactions
There are no transactions with related parties during the year. other than those disclosed in the accounts. All the transactions are at arm's length.
£ | |
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Cost | |
At 1 April 2015 |
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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 31 March 2016 |
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Depreciation | |
At 1 April 2015 |
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Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 22,808 |
At 31 March 2015 | 28,749 |
4Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 April 2015: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | ||
Balance at 31 March 2016: | £ |
The above mention director had borrowed £29,827, from the Limited company @ 5% interest p.a.The balance as at 31 March 2016 is inclusive of interest and is reflected in Balance sheet as Director.