CURIAN MEDICAL LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07721150 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CURIAN MEDICAL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I Curbishley

R L Haynes

REGISTERED OFFICE:

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

REGISTERED NUMBER:

07721150 (England and Wales)

ACCOUNTANTS:

James Todd & Co Limited

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

FIXED ASSETS

Tangible assets

2

20,940

8,010

CURRENT ASSETS

Debtors

315,687

290,787

Cash at bank

86,414

109,357

402,101

400,144

CREDITORS

Amounts falling due within one year

243,291

265,010

NET CURRENT ASSETS

158,810

135,134

TOTAL ASSETS LESS CURRENT
LIABILITIES

179,750

143,144

PROVISIONS FOR LIABILITIES

4,188

1,602

NET ASSETS

175,562

141,542

CAPITAL AND RESERVES

Called up share capital

3

2,500

Profit and loss account

173,062

139,042

SHAREHOLDERS' FUNDS

175,562

141,542

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 June 2016 and were signed on its
behalf by:

I Curbishley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents the amounts derived from the provision of goods and services falling within the

company's ordinary activities, after deduction of trade discounts, value added tax and any other

other 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

-

25% on cost

Computer equipment

-

25% on cost

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation

computations in period 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 is not provided on timing differences arising from the revaluation of fixed assets where

there is no commitment to sell the asset.

Deferred tax assets and liabilities are not discounted.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

13,255

Additions

21,595

Disposals

(1,896

)

At 31 March 2016

32,954

DEPRECIATION

At 1 April 2015

5,245

Charge for year

8,238

Eliminated on disposal

(1,469

)

At 31 March 2016

12,014

NET BOOK VALUE

At 31 March 2016

20,940

At 31 March 2015

8,010

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2,500

Ordinary

£1

2,500

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company paid dividends totalling £120,000 to Curian Holdings Limited, a

company owned by the director. (2015: £78,272)