FAST_TRACK_MEDICAL_LTD - Accounts

FAST TRACK MEDICAL LTD - Company Information

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Company Registration No. 6619481 (England and Wales)

FAST TRACK MEDICAL LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

FAST TRACK MEDICAL LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

FAST TRACK MEDICAL LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

73,278

67,937

Cash at bank and in hand

12,519

482

85,797

68,419

Creditors: amounts falling due within one year

(73,772)

(44,003)

Total assets less current liabilities

12,025

24,416

Capital and reserves

Called up share capital

100

Profit and loss account

11,925

24,316

Shareholders' funds

12,025

24,416

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 December 2016

Dr S Baig

Director

Company Registration No. 6619481

FAST TRACK MEDICAL LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

The company is controlled by Dr Baig & Mrs Baig who own all the shares in the company.

Related party relationships and transactions

The following directors had loans during the year. The movement on these loans are as follows:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Dr S Baig - Loan

3.00

34,571

30,378

2,191

34,600

32,540

34,571

30,378

2,191

34,600

32,540