Virdee Healthcare Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09725445 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2021

FOR

VIRDEE HEALTHCARE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr K Virdee

Mrs C K Virdee

REGISTERED OFFICE:

c/o Michael Heaven & Associates Limited

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

REGISTERED NUMBER:

09725445 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

INCORPORATED:

10th August 2015

FIXED ASSETS

Tangible assets

4

690

788

CURRENT ASSETS

Debtors

3,123

2,886

Cash at bank

168,353

156,441

171,476

159,327

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

43,689

48,828

NET CURRENT ASSETS

127,787

110,499

TOTAL ASSETS LESS CURRENT LIABILITIES

128,477

111,287

PROVISIONS FOR LIABILITIES

5

131

150

NET ASSETS

128,346

111,137

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

128,246

111,037

SHAREHOLDERS' FUNDS

128,346

111,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2021 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 4th February 2022 and were signed on its behalf by:

Dr K Virdee - Director

1.	STATUTORY INFORMATION

Virdee Healthcare Limited 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.

Computer equipment - 25% Straight Line

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans from related parties.

Debtors

Short term debtors are measured at transaction price, less any impairment

Creditors

Short term trade creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2020

2,519

Additions

399

At 31st August 2021

2,918

DEPRECIATION

At 1st September 2020

1,731

Charge for year

497

At 31st August 2021

2,228

NET BOOK VALUE

At 31st August 2021

690

At 31st August 2020

788

5.	PROVISIONS FOR LIABILITIES

2021

2020

£

£

Deferred tax

131

150

Deferred

tax

£

Balance at 1st September 2020

150

Movement during the year

(19

)

Balance at 31st August 2021

131

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

60

Ordinary A

£1

60

60

40

Ordinary B

£1

40

40

100

100

7.	RELATED PARTY DISCLOSURES

As at the year end the amount due to the directors totalled £34,110.