Khan Surgical Services Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08661879 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

KHAN SURGICAL SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr U Khan

Mrs S E Khan

REGISTERED OFFICE:

Rex Buildings

Alderley Road

Wilmslow

Cheshire

SK9 1HY

REGISTERED NUMBER:

08661879 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,060

-

CURRENT ASSETS

Debtors

23,834

60,227

Cash at bank

161,947

68,544

185,781

128,771

CREDITORS

Amounts falling due within one year

45,649

37,564

NET CURRENT ASSETS

140,132

91,207

TOTAL ASSETS LESS CURRENT
LIABILITIES

141,192

91,207

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

141,092

91,107

SHAREHOLDERS' FUNDS

141,192

91,207

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 9 May 2017 and were signed on
its behalf by:

Mr U Khan - 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

The turnover shown in the profit and loss account represents amount earned during the year

and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

All fixed assets are initially recorded at cost.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,247

At 31 August 2016

1,247

DEPRECIATION

Charge for year

187

At 31 August 2016

187

NET BOOK VALUE

At 31 August 2016

1,060

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 August 2016 and 31 August 2015:

2016

2015

£

Mr U Khan

Balance outstanding at start of year

46,311

43,277

Amounts advanced

-

3,034

Amounts repaid

(62,426

)

-

Balance outstanding at end of year

(16,115

)

46,311

The maximum balance outstanding during the year amounted to £46,311.

This loan is interest bearing.