Pacla Medical Limited - Period Ending 2019-08-31

Registration number: SC513633

Pacla Medical Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2019

Beyond The Numbers Limited
Chartered Accountants
42 Charlotte Square
Edinburgh
EH2 4HQ

Pacla Medical Limited

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	3

Pacla Medical Limited

Company Information

Directors

Mr Chongsu Lee Dr Savvas Ioannou Neophytou

Registered office

Reception Business Centre 21 Lansdowne Crescent Edinburgh Scotland EH12 5EH

Accountants

Beyond The Numbers Limited Chartered Accountants 42 Charlotte Square Edinburgh EH2 4HQ

Page 1

Pacla Medical Limited

Directors' Report for the Year Ended 31 August 2019

The directors present their report and the financial statements for the year ended 31 August 2019.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

Mr Chongsu Lee

Dr Savvas Ioannou Neophytou

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 20 November 2019 and signed on its behalf by:

.........................................
Mr Chongsu Lee
Director

Page 2

Pacla Medical Limited

(Registration number: SC513633)
Balance Sheet as at 31 August 2019

	2019 £	2018 £
Fixed assets	12,562	13,648
Current assets	140,692	385,681
Prepayments and accrued income	19,888	-
Creditors: Amounts falling due within one year	(63,343)	(67,540)
Net current assets	97,237	318,141
Total assets less current liabilities	109,799	331,789
Accruals and deferred income	(130)	(130)
	109,669	331,659
Capital and reserves	109,669	331,659

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Reception Business Centre
21 Lansdowne Crescent
Edinburgh
Scotland
EH12 5EH
United Kingdom

The principal place of business is:
21 Lansdowne Crescent
Edinburgh
EH12 5EH

These financial statements were authorised for issue by the Board on 20 November 2019.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2018 - 3).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 August 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Page 3

Pacla Medical Limited

(Registration number: SC513633)
Balance Sheet as at 31 August 2019

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 20 November 2019 and signed on its behalf by:
 

.........................................

Mr Chongsu Lee
Director

Page 4