Droitwich MRI Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03083878 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2020

for

DROITWICH MRI LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

M Salman Ali

E Rouholamin

P J Turner

Secretary:

P J Turner

Registered office:

Orchard House

Victoria Square

Droitwich

Worcestershire

WR9 8DS

Registered number:

03083878 (England and Wales)

Accountants:

Haines Watts Manchester Limited

Northern Assurance Buildings

9-21 Princess Street

Manchester

M2 4DN

Fixed assets

Investments

5

14,520

14,520

Current assets

Cash at bank

465

465

Creditors

Amounts falling due within one year

6

3,091

3,091

Net current liabilities

(2,626

)

(2,626

)

Total assets less current liabilities

11,894

11,894

Capital and reserves

Called up share capital

7

600

600

Retained earnings

11,294

11,294

Shareholders' funds

11,894

11,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2021 and were signed on its behalf by:

P J Turner - Director

1.	Statutory information

Droitwich MRI 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any critical judgements in applying the company's accounting policies. The company makes estimates and assumptions concerning the future. The resulting accounting estimates will by definition, seldom equal the actual results. There are no estimates or assumptions which give a significant risk of causing a material adjustment to the carrying amounts of assets or liabilities within the next financial year.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

4.	Employees and directors

The average number of employees during the year was NIL (2019 - NIL).

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 January 2020

and 31 December 2020

14,520

Net book value

At 31 December 2020

14,520

At 31 December 2019

14,520

6.

Creditors: amounts falling due within one year

2020

2019

£

£

Accruals and deferred income

3,091

3,091

7.	Called up share capital

Allotted and issued:

Number:

Class:

Nominal

2020

2019

value:

£

£

150

Ordinary A

£1

150

150

150

Ordinary B

£1

150

150

150

Ordinary C

£1

150

150

150

Ordinary D

£1

150

150

600

600