Independent Doc Management Ltd - Accounts to registrar (filleted) - small 18.2
Independent Doc Management Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 October 2020 |
| for |
| Independent Doc Management Ltd |
| Independent Doc Management Ltd (Registered number: 05257592) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2020 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Statement of Financial Position | 3 |
| Notes to the Financial Statements | 4 |
| Independent Doc Management Ltd |
| Company Information |
| for the Year Ended 31 October 2020 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Endeavour House |
| Wallington |
| Surrey |
| SM6 9AY |
| Chartered Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Independent Doc Management Ltd |
| 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 2020 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. |
| Endeavour House |
| Wallington |
| Surrey |
| SM6 9AY |
| Independent Doc Management Ltd (Registered number: 05257592) |
| Statement of Financial Position |
| 31 October 2020 |
| 2020 | 2019 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| (61,235 | ) | (20,181 | ) |
| 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. |
| 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 |
| Independent Doc Management Ltd (Registered number: 05257592) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2020 |
| 1. | STATUTORY INFORMATION |
| Independent Doc Management Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 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. |
| 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 |
| Independent Doc Management Ltd (Registered number: 05257592) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2020 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Amounts owed by participating interests |
| Other debtors |
| Directors' current accounts |
| Corporation tax |
| Deferred tax asset |
| Tax losses available |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade creditors |
| Amounts owed to participating interests |
| Corporation tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | - | 5,754 |
| Accruals and deferred income |
| 6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 October 2020 and 31 October 2019: |
| 2020 | 2019 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) |
| Independent Doc Management Ltd (Registered number: 05257592) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2020 |
| 7. | RELATED PARTY DISCLOSURES |
| Independent Doc Management Ltd is wholly owned by Mark Slater |
| At 31 October 2020 the company owed £42,360 (2019: £9,255) to Pay U Online Ltd which M Slater is also a director and shareholder. |
| At 31 October 2020 the company owed £36,160 (2019: £nil) to Dando Drilling International Ltd which M Slater is also a director and shareholder. |
| At 31 October 2020 the company owed £50,000 (2019: £nil) to Bay Mining Consultants Ltd which M Slater is also a director and shareholder. |
| At 31 October 2020 the company was owed £6,450 (2019: £6,450) by Umbrella Management Solutions Ltd which M Slater is a shareholder in, and was a director. |
| At 31 October 2020 the company owed £55 (2019: IDM was owed £275) by Cambridge Mineral Resources plc which M Slater is also a director and shareholder. |
| At 31 October 2020 the company was owed £24,007.30 (2019: IDM owed £20,305) to Hayden Wealth Ltd a company which M Slater is also a director and shareholder. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by M Slater. |