Company Registration No. 11915828 (England and Wales)
5Q MEDICS LIMITED
Unaudited accounts
for the year ended 31 March 2021
5Q MEDICS LIMITED
Unaudited accounts
Contents
5Q MEDICS LIMITED
Company Information
for the year ended 31 March 2021
Directors
Dr Muhammad Sirajuddin Yusuf
Dr Hinaa Badr Qureshi
Secretary
Dr Muhammad Sirajuddin Yusuf
Company Number
11915828 (England and Wales)
Registered Office
C/O CAPSHIRE UK LLP CASTLE COURT
41 LONDON ROAD
REIGATE
SURREY
RH2 9RJ
ENGLAND
Accountants
CapShire UK LLP
4th Floor 86-90 Paul Street
London
EC2A 4NE
5Q MEDICS LIMITED
Statement of financial position
as at 31 March 2021
Tangible assets
1,127
2,255
Cash at bank and in hand
111,024
63,838
Creditors: amounts falling due within one year
(25,215)
(18,410)
Net current assets
106,324
59,163
Called up share capital
200
200
Profit and loss account
107,251
61,218
Shareholders' funds
107,451
61,418
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2021 and were signed on its behalf by
Dr Muhammad Sirajuddin Yusuf
Director
Company Registration No. 11915828
5Q MEDICS LIMITED
Notes to the Accounts
for the year ended 31 March 2021
5Q MEDICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11915828. The registered office is C/O CAPSHIRE UK LLP CASTLE COURT, 41 LONDON ROAD, REIGATE, SURREY, RH2 9RJ, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Computer equipment
5Q MEDICS LIMITED
Notes to the Accounts
for the year ended 31 March 2021
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Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
20,315
13,535
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Creditors: amounts falling due within one year
2021
2020
Taxes and social security
21,383
14,769
Loans from directors
1,672
1,369
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Average number of employees
During the year the average number of employees was 2 (2020: 2).
