- Elan Vital, which is a registered charity, and
Vital Ltd. is wholly owned by Elan Vital, and,
very likely handles the sale of
of Trade" Copy
ELAN VITAL LIMITED
Balance Sheet and Accounts
For the Year Ended 31 March 2001
HARRIS &. Co.
ELAN VITAL LIMITED
NOTICE IS HEREBY GIVEN THAT THE 2002 General Meeting of the Members of the Company will be held at 3 The Drive, Hove, East Sussex BN3 3JE on the 8th day of January 2002 at 3.00 p.m. I. 2. 3.
1. Notice convening the Meeting.
2. Minutes of Previous Annual General Meeting.
3. To receive and approve the Report of the Directors and the Accounts of the Company for the year ended 31 March 2001.
4. Appoint or re-appoint Auditors.
5. To transact any other business of an Annual General Meeting.
A Member entitled to attend and vote is entitled to appoint a proxy to attend and on a poll, to vote instead of him. A proxy need not be a Member of the Company.
ORDER OF THE BOARD
ELAN VITAL LIMITED
The Directors are pleased to submit their Report and the Company's Accounts for the year ended 31 March 2001.
Of Directors' Responsibilities
( i ) Select suitable accounting policies and then apply them consistently;
( ii ) Make judgements and estimates that are reasonable and prudent;
( iii ) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
( iv ) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors do not propose that any dividend be paid, and recommend that the above amount be credited to reserves.
Of Business Development
Turnover for the year was £193022 (2000 - £384336)
directors attribute the decrease in Turnover mainly to the
fluctuation in receipts from conferences and travel
After The End Of The Year
And Their Interests
M S Whittaker
Neither of the directors had any interest in the share capital of the Company.
And Charitable Contributions
The donation for the year amounted to £44081 (2000 - £134109).
There were no political donations during the year.
AND ON BEHALF OF
OF THE AUDITORS TO THE MEMBERS OF
We have audited the financial statements on Pages 5 to 10 Which have been prepared under the historical cost convention and the accounting policies set out on page 7.
responsibilities of Directors and Auditors
We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.
Harris & Co
- 14th day of December 2001
The Accounts on pages 5 to 10 have been prepared in accordance with the special provisions relating to small companies within part VII of the Companies Act 1985 and with the Financial Reporting Standard for Smaller Entities (effective March 2000).
The Accounts were approved by the Board of Directors on 14 December 2001 and signed on its behalf by :-
TO THE ACCOUNTS
Turnover and Profit Analysis
Particulars of Staff
Operating Profit (Loss)
6) Tangible Fixed Assets
The replacement cost of stocks at the Balance sheet date was not substantially different from the values stated at the lower of cost and net realisable value shown above.