Omar Khan Surgical Services Ltd - Accounts to registrar (filleted) - small 18.2

Omar Khan Surgical Services Ltd - Accounts to registrar (filleted) - small 18.2

OMAR KHAN SURGICAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 08527854 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 October 2021

for

Omar Khan Surgical Services Ltd
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Contents of the Financial Statements
for the year ended 29 October 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Omar Khan Surgical Services Ltd

Company Information
for the year ended 29 October 2021







DIRECTOR: O Khan





REGISTERED OFFICE: 5 Manor Park
Church Road
Great Barton
Bury St Edmunds
Suffolk
IP31 2QR





REGISTERED NUMBER: 08527854 (England and Wales)





ACCOUNTANTS: KPSK Accounts and Tax Limited
5 Manor Park
Church Road
Gt Barton
Bury St Edmunds
Suffolk
IP31 2QR
Page 1
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Balance Sheet
29 October 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,725 2,304

CURRENT ASSETS
Debtors 5 399,350 364,385
Cash at bank 616,634 286,130
1,015,984 650,515
CREDITORS
Amounts falling due within one year 6 239,462 190,011
NET CURRENT ASSETS 776,522 460,504
TOTAL ASSETS LESS CURRENT LIABILITIES 778,247 462,808

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 778,147 462,708
778,247 462,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 2021 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 22 June 2022 and were signed by:





O Khan - Director


The notes form part of these financial statements

Page 2
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Notes to the Financial Statements
for the year ended 29 October 2021


1. STATUTORY INFORMATION

Omar Khan Surgical Services 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

Page 3 continued...
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Notes to the Financial Statements - continued
for the year ended 29 October 2021


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 30 October 2020
and 29 October 2021 5,310 1,115 6,425
DEPRECIATION
At 30 October 2020 3,363 758 4,121
Charge for year 390 189 579
At 29 October 2021 3,753 947 4,700
NET BOOK VALUE
At 29 October 2021 1,557 168 1,725
At 29 October 2020 1,947 357 2,304

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 70,103 35,138
Other debtors 328,419 328,419
Tax 828 828
399,350 364,385

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Tax 92,946 48,453
Directors' loan accounts 143,516 138,966
Accrued expenses 3,000 2,592
239,462 190,011

Page 4