Retinal Surgery London Ltd - Accounts to registrar (filleted) - small 18.2
Retinal Surgery London Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2019 |
for |
Retinal Surgery London Ltd |
Retinal Surgery London Ltd (Registered number: 09399902) |
Contents of the Financial Statements |
for the Year Ended 31 January 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Retinal Surgery London Ltd |
Company Information |
for the Year Ended 31 January 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
49 Peter Street |
Manchester |
M2 3NG |
Retinal Surgery London Ltd (Registered number: 09399902) |
Balance Sheet |
31 January 2019 |
2019 | 2018 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
Retinal Surgery London Ltd (Registered number: 09399902) |
Balance Sheet - continued |
31 January 2019 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director on |
Retinal Surgery London Ltd (Registered number: 09399902) |
Notes to the Financial Statements |
for the Year Ended 31 January 2019 |
1. | COMPANY INFORMATION |
Retinal Surgery London Ltd is a |
specified/Other. 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 |
Critical accounting judgements and key sources of estimation uncertainty |
In the application of the company's accounting policies, the director is required to make |
judgements, estimates and assumptions about the carrying amount of assets and liabilities |
that are not readily apparent from other sources. The estimates and associated assumptions |
are based on historical experience and other factors that are considered to be relevant. |
Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to |
accounting estimates are recognised in the period in which the estimate is revised where the |
revision affects only that period, or in the period of the revision and future periods where the |
revision affects both current and future periods. |
There have been no critical judgements, estimates or assumptions made in the preparation |
of these financial statements. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
Revenue from the provision of professional services is recognised on delivery of the service. |
Tangible fixed assets |
Tangible Fixed assets are initially measured at cost and subsequently measured at cost or |
valuation, net of depreciation and any impairment loss. |
Depreciation is recognised so as to write off the cost or valuation of assets less their residual |
values over their useful lives on the following basis: |
Fixtures and Fittings - 25% on cost |
The gain or loss arising on the disposal of an asset is determined as the difference between |
the sale proceeds and the carrying value of the asset, and is credited or charged to the profit |
or loss. |
Retinal Surgery London Ltd (Registered number: 09399902) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2019 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement |
of Income and Retained Earnings, 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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Retinal Surgery London Ltd (Registered number: 09399902) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2019 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 February 2018 |
Additions |
At 31 January 2019 |
DEPRECIATION |
At 1 February 2018 |
Charge for year |
At 31 January 2019 |
NET BOOK VALUE |
At 31 January 2019 |
At 31 January 2018 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Corporation tax payable |
Other creditors |
PAYE control account | 1,027 | (1,765 | ) |
Wages control account | (667 | ) | (167 | ) |
Directors' current accounts | 591 | 93 |
Accrued expenses |
Retinal Surgery London Ltd (Registered number: 09399902) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2019 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
Ordinary A | 1 | 60 | 60 |
Ordinary B | 1 | 40 | 40 |
Ordinary C | 1 | 1 | 1 |
101 | 101 |
Ordinary A Shares confer on the holders the right to vote upon any resolution proposed at |
any general meeting of the company. |
Ordinary B Shares do not confer on the holders the right to vote upon any resolution |
proposed at any general meeting of the company. |
Ordinary C Shares have no voting or distribution rights. Each share has a right to dividends |
at the discretion of the A and B shareholders. |
The A, B and C shares rank pari passu in terms of capital distribution rights. |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended |
31 January 2019 and 31 January 2018: |
2019 | 2018 |
£ | £ |
Balance outstanding at start of year | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |
The loan is repayable on demand and no interest was charged during the year. |
9. | CONTROL |
The ultimate controlling party is Dr S C Wong by virtue of his 100% holding of the voting |
share capital. |