Omar Khan Surgical Services Ltd - Accounts to registrar (filleted) - small 23.1.2

Omar Khan Surgical Services Ltd - Accounts to registrar (filleted) - small 23.1.2

OMAR KHAN SURGICAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 08527854 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 October 2022

for

Omar Khan Surgical Services Ltd
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Contents of the Financial Statements
for the year ended 29 October 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Omar Khan Surgical Services Ltd

Company Information
for the year ended 29 October 2022







DIRECTOR: O Khan





REGISTERED OFFICE: 5 Manor Park
Church Road
Great Barton
Bury St Edmunds
Suffolk
IP31 2QR





REGISTERED NUMBER: 08527854 (England and Wales)





ACCOUNTANTS: KPSK Accounts and Tax Limited
5 Manor Park
Church Road
Gt Barton
Bury St Edmunds
Suffolk
IP31 2QR
Page 1
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Balance Sheet
29 October 2022

29/10/22 29/10/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,246 1,725

CURRENT ASSETS
Debtors 5 356,700 399,350
Cash at bank 1,041,609 616,634
1,398,309 1,015,984
CREDITORS
Amounts falling due within one year 6 230,855 239,462
NET CURRENT ASSETS 1,167,454 776,522
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,168,700
778,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,168,600 778,147
1,168,700 778,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 2022 in accordance with Section 476 of the Companies Act 2006.

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.

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 18 May 2023 and were signed by:





O Khan - Director


The notes form part of these financial statements

Page 2
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Notes to the Financial Statements
for the year ended 29 October 2022


1. STATUTORY INFORMATION

Omar Khan Surgical 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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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 NIL (2021 - NIL).

Page 3 continued...
Omar Khan Surgical Services Ltd (Registered number: 08527854)

Notes to the Financial Statements - continued
for the year ended 29 October 2022


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 30 October 2021
and 29 October 2022 5,310 1,115 6,425
DEPRECIATION
At 30 October 2021 3,753 947 4,700
Charge for year 311 168 479
At 29 October 2022 4,064 1,115 5,179
NET BOOK VALUE
At 29 October 2022 1,246 - 1,246
At 29 October 2021 1,557 168 1,725

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/10/22 29/10/21
£    £   
Trade debtors 22,976 70,103
Other debtors 332,896 328,419
Tax 828 828
356,700 399,350

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/10/22 29/10/21
£    £   
Tax 92,169 92,946
Directors' loan accounts 137,185 143,516
Accrued expenses 1,501 3,000
230,855 239,462

Page 4