PANACER_MEDICAL_LIMITED - Accounts

The average number of persons (including directors) employed by the company during the year was 2 (2018 - 2).

The company meets its day to day working capital requirements via funding through the directors loan account. The director has given assurances that he will continue to support the company by such means and that he will not call on this loan until the company has sufficient financial resources to pay it. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by the director.

Panacer Medical Limited is a private company limited by shares incorporated in England and Wales. The registered office is West Walk Building, 110 Regent Road, Leicester, LE1 7LT.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.