SURGICAL CHAMBERS LTD

SURGICAL CHAMBERS LTD

SURGICAL CHAMBERS LTD - Company Information

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SURGICAL CHAMBERS LTD

Company Registration Number:
08777498 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2020

Period of accounts

Start date: 01 December 2019

End date: 30 November 2020

SURGICAL CHAMBERS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2020

Balance sheet
Notes

SURGICAL CHAMBERS LTD

Balance sheet

As at 30 November 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 5,725 6,723
Total fixed assets: 5,725 6,723
Current assets
Debtors:   1,011,598 1,183,067
Cash at bank and in hand: 3,014,533 2,386,414
Total current assets: 4,026,131 3,569,481
Creditors: amounts falling due within one year: 4 (239,956) (348,119)
Net current assets (liabilities): 3,786,175 3,221,362
Total assets less current liabilities: 3,791,900 3,228,085
Total net assets (liabilities): 3,791,900 3,228,085
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,791,800 3,227,985
Shareholders funds: 3,791,900 3,228,085

The notes form part of these financial statements

SURGICAL CHAMBERS LTD

Balance sheet statements

For the year ending 30 November 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 July 2021
and signed on behalf of the board by:

Name: M Winslet
Status: Director

The notes form part of these financial statements

SURGICAL CHAMBERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognized: Rendering of services:Revenue from a contract to provide services is recognized in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: The amount of revenue can be measured reliably; It is probable that the Company will receive the consideration due under the contract; The stage of completion of the contract at the end of the reporting period can be measured reliably; and The costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis: Office equipment20% The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognized in the Statement of income and retained earnings.

SURGICAL CHAMBERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

2. Employees

2020 2019
Average number of employees during the period 2 2

SURGICAL CHAMBERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

3. Tangible Assets

Total
Cost £
At 01 December 2019 12,406
Additions 433
At 30 November 2020 12,839
Depreciation
At 01 December 2019 5,683
Charge for year 1,431
At 30 November 2020 7,114
Net book value
At 30 November 2020 5,725
At 30 November 2019 6,723

SURGICAL CHAMBERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

4. Creditors: amounts falling due within one year note

In 2020 £239,956In 2019 £348,119