Michael Daniels (Locums) Limited - Period Ending 2020-09-30

Michael Daniels (Locums) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Michael Daniels (Locums) Limited

Company Information

Director

Mr. M.S. Daniels

Registered office

Grosvenor House 100-102 Beverley Road Hull East Yorkshire HU3 1YA

Accountants

Norrie Gibson & Co.Limited Chartered Accountants Grosvenor House 100-102 Beverley Road Hull East Yorkshire HU3 1YA

Michael Daniels (Locums) Limited

(Registration number: 07390463)
Balance Sheet as at 30 September 2020

	Note	2020 £	2019 £
Current assets
Debtors	5	2,160	4,770
Cash at bank and in hand		5,511	9,240
		7,671	14,010
Creditors: Amounts falling due within one year	6	(5,759)	(7,071)
Net assets		1,912	6,939
Capital and reserves
Called up share capital		1	1
Profit and loss account		1,911	6,938
Shareholders' funds		1,912	6,939

For the financial year ending 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 15 November 2020
 

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

Mr. M.S. Daniels
Director

Michael Daniels (Locums) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2020

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Grosvenor House
100-102 Beverley Road
Hull
East Yorkshire
HU3 1YA
United Kingdom

These financial statements were authorised for issue by the director on 15 November 2020.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Michael Daniels (Locums) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2020

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer Equipment	33% on cost

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2019 - 1).

Michael Daniels (Locums) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2020

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 October 2019	1,075	1,075
At 30 September 2020	1,075	1,075
Depreciation
At 1 October 2019	1,075	1,075
At 30 September 2020	1,075	1,075
Carrying amount
At 30 September 2020	-	-

5

Debtors

	2020 £	2019 £
Trade debtors	2,160	4,770
	2,160	4,770

6

Creditors

Creditors: amounts falling due within one year

	2020 £	2019 £
Due within one year
Taxation and social security	3,722	7,071
Accruals and deferred income	1,118	-
Other creditors	919	-
	5,759	7,071

7	Parent and ultimate parent undertaking

The ultimate controlling party is Mr.M.S.Daniels.