CURIAN MEDICAL LTD - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07721150 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

CURIAN MEDICAL LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Curbishley

R L Haynes

REGISTERED OFFICE:

West Midlands House

Gipsy Lane

Willenhall

West Midlands

WV13 2HA

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

4

17,246

20,940

CURRENT ASSETS

Debtors

432,379

315,687

Cash at bank

-

86,414

432,379

402,101

CREDITORS

Amounts falling due within one year

260,638

243,291

NET CURRENT ASSETS

171,741

158,810

TOTAL ASSETS LESS CURRENT LIABILITIES

188,987

179,750

PROVISIONS FOR LIABILITIES

3,449

4,188

NET ASSETS

185,538

175,562

CAPITAL AND RESERVES

Called up share capital

5

2,500

2,500

Retained earnings

183,038

173,062

SHAREHOLDERS' FUNDS

185,538

175,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 July 2017 and were signed on its behalf by:

I Curbishley - Director

1.	STATUTORY INFORMATION

CURIAN MEDICAL LTD is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income

or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2016 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

32,954

Additions

6,365

Disposals

(4,256

)

At 31 March 2017

35,063

DEPRECIATION

At 1 April 2016

12,014

Charge for year

8,274

Eliminated on disposal

(2,471

)

At 31 March 2017

17,817

NET BOOK VALUE

At 31 March 2017

17,246

At 31 March 2016

20,940

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2,500

Ordinary

£1

2,500

2,500

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company paid dividends totalling £136,620 to Curian Holdings Limited, a

company owned by the director (2016: £120,000).

7.	RELATED PARTY DISCLOSURES

Curian Solutions Limited is a company under common control. During the year the company paid

invoices on behalf of Curian Solutions Limited of £19,306 (2016: £1,050). The balance outstanding at

the year end was £20,356 (2016: £1,050).

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr I Curbishley, by virtue of owning the entire issued share capital in

Curian Holdings Limited the company's only shareholder.