D K Doctors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08172204 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2018

FOR

D K DOCTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Dr M Deshpande

Dr N Khosla

REGISTERED OFFICE:

Avebury House

6 St Peter Street

Winchester

Hampshire

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REGISTERED NUMBER:

08172204 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

Chartered Accountants

Avebury House

St Peter Street

Winchester

Hampshire

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FIXED ASSETS

Tangible assets

4

444

868

CURRENT ASSETS

Debtors

5

136,667

110,986

Cash at bank

186,544

192,977

323,211

303,963

CREDITORS

Amounts falling due within one year

6

30,513

40,208

NET CURRENT ASSETS

292,698

263,755

TOTAL ASSETS LESS CURRENT LIABILITIES

293,142

264,623

PROVISIONS FOR LIABILITIES

84

-

NET ASSETS

293,058

264,623

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

292,958

264,523

SHAREHOLDERS' FUNDS

293,058

264,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 May 2019 and were signed on its behalf by:

Dr N Khosla - Director

1.	STATUTORY INFORMATION

D K Doctors Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of fees for work undertaken during the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost and 20% on reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated

depreciation and impairment losses.

Financial instruments

Basic financial instruments are initially measured at the transaction price, unless the arrangement

constitutes a financing transaction, when it is measured at the present value of the future repayments

discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently

measured at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2017

and 31 August 2018

2,188

DEPRECIATION

At 1 September 2017

1,320

Charge for year

424

At 31 August 2018

1,744

NET BOOK VALUE

At 31 August 2018

444

At 31 August 2017

868

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

20,709

Other debtors

136,667

90,277

136,667

110,986

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

26,493

35,168

Other creditors

4,020

5,040

30,513

40,208

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2018 and

31 August 2017:

2018

2017

£

£

Dr M Deshpande and Dr N Khosla

Balance outstanding at start of year

83,376

57,991

Amounts advanced

151,963

88,605

Amounts repaid

(113,979

)

(63,220

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

121,360

83,376

Interest of 3% per annum has been charged on the average overdrawn loan balance advanced by the

company to the directors. All loans are repayable on demand.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £84,000 (2017 - £72,250) were paid to the directors .

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of D K Doctors Limited for the year ended 31 August 2018 which comprise the

Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of D K Doctors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D K Doctors Limited and state those matters that we have agreed to state to the Board of Directors of D K Doctors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D K Doctors Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D K Doctors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D K Doctors Limited. You consider that D K Doctors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D K Doctors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

Chartered Accountants

Avebury House

St Peter Street

Winchester

Hampshire

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28 May 2019