Independent Doc Management Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05257592 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2019

for

Independent Doc Management Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTOR:

M Slater

REGISTERED OFFICE:

The Kabin

Vanstone Park Garden Centre

Hitchin Road

Codicote

Hertfordshire

SG4 8TH

REGISTERED NUMBER:

05257592 (England and Wales)

ACCOUNTANTS:

PB Partners LLP

Endeavour House

78 Stafford Road

Wallington

Surrey

SM6 9AY

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Director 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 Independent Doc Management Ltd for the year ended 31 October 2019 which comprise the

Income Statement, Statement of Financial Position 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 director of Independent Doc Management Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Independent Doc Management Ltd and state those matters that we have agreed to state to the director of Independent Doc Management Ltd 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 Independent Doc Management Ltd and its director for our work or for this report.

It is your duty to ensure that Independent Doc Management Ltd 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 loss of Independent Doc Management Ltd. You consider that Independent Doc Management Ltd 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 Independent Doc Management Ltd. 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.

PB Partners LLP

Endeavour House

78 Stafford Road

Wallington

Surrey

SM6 9AY

28 October 2020

CURRENT ASSETS

Debtors

4

18,410

9,435

Cash at bank

417

3,733

18,827

13,168

CREDITORS

Amounts falling due within one year

5

39,008

22,978

NET CURRENT LIABILITIES

(20,181

)

(9,810

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,181

)

(9,810

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(20,281

)

(9,910

)

(20,181

)

(9,810

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 28 October 2020 and were signed by:

M Slater - Director

1.	STATUTORY INFORMATION

Independent Doc Management Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 statement of financial position date.

Deferred tax

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

statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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.

Going concern

The accounts have been prepared on the assumption that the company is able to carry on business as a going

concern. In the director's opinion this is appropriate as he has confirmed that he will continue to support the

company for at least the next twelve months and has the financial resources to do so.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

9,435

Amounts owed by participating interests

6,725

-

Other debtors

9,560

-

Deferred tax asset

Tax losses available

2,125

-

18,410

9,435

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

1,194

22,978

Amounts owed to participating interests

29,560

-

Directors' current accounts

5,754

-

Accruals and deferred income

2,500

-

39,008

22,978

6.	RELATED PARTY DISCLOSURES

Independent Doc Management Ltd is wholly owned by Mark Slater

At 31 October 2019 the company owed £20,305 to Hayden Wealth Ltd a company which M Slater is also a

director and shareholder.

At 31 October 2019 the company owed £9,255 to Pay U Online Ltd which M Slater is also a director and

shareholder.

At 31 October 2019 the company was owed £6,450 by Umbrella Management Solutions Ltd which M Slater is a

shareholder in, and was a director.

At 31 October 2019 the company was owed £275 by Cambridge Mineral Resources plc which M Slater is also a

director and shareholder.

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by M Slater.