Radiant Medicare Limited - Abbreviated accounts 16.3
Radiant Medicare Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30th April 2016 |
| for |
| RADIANT MEDICARE LIMITED |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Contents of the Abbreviated Accounts |
| for the year ended 30th April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 8 |
| RADIANT MEDICARE LIMITED |
| Company Information |
| for the year ended 30th April 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Abbreviated Balance Sheet |
| 30th April 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Abbreviated Balance Sheet - continued |
| 30th April 2016 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Notes to the Abbreviated Accounts |
| for the year ended 30th April 2016 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Radiant Medicare Limited as an individual company |
| and do not contain consolidated financial information as the parent of a group. The company has taken |
| the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial |
| statements. |
| Turnover |
| Turnover represents sales of goods and services, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Leasehold property | - over lease term |
| Fixtures, fittings and equipment | - 20% straight line |
| Plant and machinery | - 25% straight line |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| 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. |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th April 2016 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2015 |
| and 30th April 2016 |
| AMORTISATION |
| At 1st May 2015 |
| Amortisation for year |
| At 30th April 2016 |
| NET BOOK VALUE |
| At 30th April 2016 |
| At 30th April 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2015 |
| Additions |
| At 30th April 2016 |
| DEPRECIATION |
| At 1st May 2015 |
| Charge for year |
| At 30th April 2016 |
| NET BOOK VALUE |
| At 30th April 2016 |
| At 30th April 2015 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st May 2015 | 552 |
| Additions | 225 |
| At 30th April 2016 | 777 |
| NET BOOK VALUE |
| At 30th April 2016 |
| At 30th April 2015 |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th April 2016 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Subsidiaries |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 50,917 | 7,807 |
| Profit for the year | 43,110 | 7,707 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ |
| Aggregate capital and reserves | (50,310 | ) |
| Loss for the year | (50,410 | ) |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ |
| Aggregate capital and reserves | 6,826 |
| Profit for the year | 6,726 |
| Associated companies |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 40.00 |
| Ordinary "A" | 50.00 |
| 2016 | 2015 |
| £ | £ |
| Aggregate capital and reserves | 289,364 | 240,549 |
| Profit for the year | 48,815 | 96,138 |
| RADIANT MEDICARE LIMITED (REGISTERED NUMBER: 06555203) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th April 2016 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 26.00 |
| Ordinary "A" | 34.67 |
| 2016 | 2015 |
| £ | £ |
| Aggregate capital and reserves | 137,775 | (243,829 | ) |
| Profit for the year | 381,604 | 108,015 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 25.00 |
| 2016 |
| £ |
| Aggregate capital and reserves | 375,690 |
| Profit for the year | 375,590 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 6. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2016 | 2015 |
| £ | £ |
| Repayable otherwise than by instalments | 60,000 | - |
| Repayable by instalments | 216,367 | 354,685 |
| 276,367 | 354,685 |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Radiant Medicare Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
| pages two to seven) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
| the financial statements of Radiant Medicare Limited for the year ended 30th April 2016 which comprise the |
| Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records |
| and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Radiant Medicare Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Radiant Medicare Limited and state those matters that we have agreed to state to the Board of Directors of Radiant Medicare Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Radiant Medicare Limited Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Radiant Medicare Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Radiant Medicare Limited. You consider that Radiant Medicare Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Radiant Medicare Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 23rd January 2017 |