Kami Healthcare Limited - Accounts to registrar (filleted) - small 18.2
Kami Healthcare Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 |
| FOR |
| KAMI HEALTHCARE LIMITED |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| KAMI HEALTHCARE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 2 Cedargrove |
| Hagley |
| Stourbridge |
| West Midlands |
| DY9 0DR |
| BANKERS: |
| Bootle |
| Merseyside |
| L30 4GB |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| BALANCE SHEET |
| 31 DECEMBER 2021 |
| 2021 | 2020 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| 1. | STATUTORY INFORMATION |
| Kami Healthcare Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Long leasehold | - |
| Fixtures, fittings & equipment | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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. |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 January 2021 |
| and 31 December 2021 |
| AMORTISATION |
| At 1 January 2021 |
| Amortisation for year |
| At 31 December 2021 |
| NET BOOK VALUE |
| At 31 December 2021 |
| At 31 December 2020 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures, |
| Long | fittings | Motor |
| leasehold | & equipment | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 January 2021 |
| and 31 December 2021 |
| DEPRECIATION |
| At 1 January 2021 |
| Charge for year |
| At 31 December 2021 |
| NET BOOK VALUE |
| At 31 December 2021 |
| At 31 December 2020 |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| 6. | STOCKS |
| 2021 | 2020 |
| £ | £ |
| Stocks |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Other debtors | 127,585 | 99,407 |
| VAT |
| Prepayments and accrued income |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Other creditors |
| Directors' loan accounts | 130,506 | 135,416 |
| Accruals and deferred income |
| 9. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2021 | 2020 |
| £ | £ |
| In more than five years |
| 10. | PROVISIONS FOR LIABILITIES |
| 2021 | 2020 |
| £ | £ |
| Deferred tax | 2,887 | 3,627 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2021 |
| Credited during the year | (740 | ) |
| Balance at 31 December 2021 |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary | £1 | 400 | 400 |
| Associate 'A' Ordinary | £1 | 100 | 100 |
| 500 | 500 |
| 12. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2021 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 December 2021 |
| 13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At 31 December 2021, there was a loan from Mr M Ikhlaq of £67,090 (2020: £67,090). This unsecured loan is interest free and repayable on demand. |
| At 31 December 2021, there was a loan from Mr M Eshak of £Nil (2020: £4,910). This unsecured loan is interest free and repayable on demand. |
| At 31 December 2021, there was a loan from Mr K Ayub of £19,920 (2020: £19,920). This unsecured loan is interest free and repayable on demand. |
| At 31 December 2021, there was a loan from Mr M Issat of £21,748 (2020: £21,748). This unsecured loan is interest free and repayable on demand. |
| At 31 December 2021, there was a loan from Mr A Mahmood of £21,748 (2019: £21,748). This unsecured loan is interest free and repayable on demand. |
| KAMI HEALTHCARE LIMITED (REGISTERED NUMBER: 07521720) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| 14. | RELATED PARTY DISCLOSURES |
| The company received management charges during the year of £39,303 (2020: £38,869) in respect of the provision of management services to Red Oak Healthcare Limited, a company in which Mr M Ikhlaq, Mr M Eshak, Mr K Ayub, Mr M A Issat and Mr A Mahmood are directors. |
| At 31 December 2021, there was loan to Red Oak Healthcare Limited of £40,049 (2020: £5,709), a company in which Mr M Ikhlaq, Mr M Eshak, Mr K Ayub, Mr M A Issat and Mr A Mahmood are directors. |
| At 31 December 2021, there was loan to Fiveqube Limited of £87,536 (2020: £93,698), a company in which Mr M Ikhlaq, Mr M A Issat, Mr A Mahmood and Mrs R Ikhlaq are directors. |
| At 31 December 2021, there was loan from Alpharma Limited of £18,229 (2020: £15,698), a company in which Mr M A Issat is a director. |
| At 31 December 2021, there was loan from Prescriptions 2 U Ltd of £237,778 (2020: £337,778), a company in which Mr M Eshak is a director. |