Ophthalmic Imaging Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08009154 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Ophthalmic Imaging Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss J Gray

SECRETARY:

REGISTERED OFFICE:

1a Davyhulme Circle

Urmston

Manchester

Greater Manchester

M41 0ST

REGISTERED NUMBER:

08009154 (England and Wales)

ACCOUNTANTS:

John A. Walker Accountancy Services

1a Davyhulme Circle

Urmston

Manchester

Greater Manchester

M41 0ST

FIXED ASSETS

Tangible assets

4

22,021

15,198

CURRENT ASSETS

Debtors

5

2,980

15,484

Cash at bank and in hand

18,723

16,591

21,703

32,075

CREDITORS

Amounts falling due within one year

6

7,461

13,142

NET CURRENT ASSETS

14,242

18,933

TOTAL ASSETS LESS CURRENT LIABILITIES

36,263

34,131

PROVISIONS FOR LIABILITIES

1,124

1,124

NET ASSETS

35,139

33,007

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

35,138

33,006

SHAREHOLDERS' FUNDS

35,139

33,007

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

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

The director acknowledges her 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 24 December 2021 and were signed by:

Miss J Gray - Director

1.	STATUTORY INFORMATION

Ophthalmic Imaging 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.

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 4 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

21,097

Additions

10,709

At 31 March 2021

31,806

DEPRECIATION

At 1 April 2020

5,899

Charge for year

3,886

At 31 March 2021

9,785

NET BOOK VALUE

At 31 March 2021

22,021

At 31 March 2020

15,198

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

-

12,504

Other debtors

2,980

2,980

2,980

15,484

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Bank loans and overdrafts

1,821

5,838

Taxation and social security

252

6,598

Other creditors

5,388

706

7,461

13,142