Arshad Health Ltd - Abbreviated accounts

Arshad Health Ltd - Abbreviated accounts


Registered number
09104684
Arshad Health Ltd
Unaudited Abbreviated Accounts
30 June 2016
Arshad Health Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Arshad Health Ltd for the year ended 30 June 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Arshad Health Ltd for the year ended 30 June 2016 which comprise of 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, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
This report is made solely to the Board of Directors of Arshad Health Ltd, as a body, in accordance with the terms of our engagement letter dated 26 June 2014. Our work has been undertaken solely to prepare for your approval the accounts of Arshad Health Ltd and state those matters that we have agreed to state to the Board of Directors of Arshad Health Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Arshad Health Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Arshad Health Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Arshad Health Ltd. You consider that Arshad Health Ltd 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 accounts of Arshad Health Ltd. 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 abbreviated accounts.
Colleen Hammond ACA
Chartered Accountants
41 Weeping Cross
Stafford
Staffordshire
ST17 0DG
28 November 2016
Arshad Health Ltd
Registered number: 09104684
Abbreviated Balance Sheet
as at 30 June 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 682 238
682 238
Current assets
Stocks - -
Debtors 3 3,675 6,625
Cash at bank and in hand 6,859 5,598
10,534 12,223
Creditors: amounts falling due within one year (10,945) (12,261)
Net current liabilities (411) (38)
Total assets less current liabilities 271 200
Creditors: amounts falling due after more than one year - -
Provisions for liabilities - -
Net assets 271 200
Capital and reserves
Called up share capital 5 200 200
Profit and loss account 71 -
Shareholders' funds 271 200
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Shabeena Arshad
Director
Approved by the board on 28 November 2016
Arshad Health Ltd
Notes to the Abbreviated Accounts
for the year ended 30 June 2016
1 Accounting policies
Basis of preparation
The accounts 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line
Motor vehicles 25% straight line
Stocks
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2 Tangible fixed assets £
Cost
At 1 July 2015 318
Additions 699
Surplus on revaluation -
Disposals -
At 30 June 2016 1,017
Depreciation
At 1 July 2015 80
Charge for the year 255
Surplus on revaluation -
On disposals -
At 30 June 2016 335
Net book value
At 30 June 2016 682
At 30 June 2015 238
3 Debtors 2016 2015
£ £
Debtors include:
Amounts due after more than one year - -
4 Loans 2016 2015
£ £
Creditors include:
Amounts falling due for payment after more than five years - -
Secured bank loans - -
5 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each - 200 100
A Ordinary shares £1 each - - 100
200 200
Nominal Number Amount
value £
Shares issued during the period:
Ordinary shares £1 each - -
A Ordinary shares £1 each - -
-
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