Registered Number 06863665

COMPANY MEDICAL LIMITED

Abbreviated Accounts

31 March 2015

COMPANY MEDICAL LIMITED Registered Number 06863665

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,960 1,894
Investments 3 7,147 6,970
9,107 8,864
Current assets
Debtors 19,810 47,803
Cash at bank and in hand 55,395 19,097
75,205 66,900
Creditors: amounts falling due within one year (23,078) (26,515)
Net current assets (liabilities) 52,127 40,385
Total assets less current liabilities 61,234 49,249
Provisions for liabilities (412) (398)
Total net assets (liabilities) 60,822 48,851
Capital and reserves
Called up share capital 4 100 100
Other reserves (2,558) (2,735)
Profit and loss account 63,280 51,486
Shareholders' funds 60,822 48,851
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 August 2015

And signed on their behalf by:
Michael Coolican, Director

COMPANY MEDICAL LIMITED Registered Number 06863665

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the
year and derives from the provision of goods and services falling within the company's ordinary activities. Other income is recognised in the period to which it relates.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance and straight line

Other accounting policies
Fixed asset investments are included at valuation.

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 April 2014 3,967
Additions 719
Disposals -
Revaluations -
Transfers -
At 31 March 2015 4,686
Depreciation
At 1 April 2014 2,073
Charge for the year 653
On disposals -
At 31 March 2015 2,726
Net book values
At 31 March 2015 1,960
At 31 March 2014 1,894

3Fixed assets Investments
The historic cost of listed investments is £9,705

4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100

5Transactions with directors

Name of director receiving advance or credit: Michael Coolican
Description of the transaction: Loan
Balance at 1 April 2014: £ 15,694
Advances or credits made: -
Advances or credits repaid: £ 15,694
Balance at 31 March 2015: £ 0