MSK Medical Services Ltd - Accounts to registrar

REGISTERED NUMBER: 06878696 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

MSK MEDICAL SERVICES LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr M Kumar

Dr S G Kumar

REGISTERED OFFICE:

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

REGISTERED NUMBER:

06878696 (England and Wales)

ACCOUNTANTS:

Raffingers

Chartered Certified Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

CURRENT ASSETS

Debtors

60,275

4,292

Cash at bank and in hand

2,945

11,760

63,220

16,052

CREDITORS

Amounts falling due within one year

34,606

14,532

NET CURRENT ASSETS

28,614

1,520

TOTAL ASSETS LESS CURRENT
LIABILITIES

28,614

1,520

CAPITAL AND RESERVES

Called up share capital

4

100

Retained earnings

28,514

1,420

SHAREHOLDERS' FUNDS

28,614

1,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 30 April 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 6 September 2017 and were signed on its behalf
by:

Dr M Kumar - Director

1.	STATUTORY INFORMATION

MSK Medical Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

50

Ordinary

£1

50

Ordinary A shares

£1

50

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2017 and

30 April 2016:

2017

2016

£

Dr M Kumar

Balance outstanding at start of year

-

17,168

Amounts advanced

89,844

13,316

Amounts repaid

(44,227

)

(30,484

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

45,617

-

6.	RELATED PARTY DISCLOSURES

At the previous balance sheet date, the company owed the directors £516.

During the year, total interim dividends of £32,000 (2016 - £32,000) was paid to Dr S G Kumar.

7.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and previous years, by Dr M Kumar and Dr S Kumar, the

directors, by virtue of their ownership of the entire issued share capital.

8.	FIRST YEAR ADOPTION

The Company has adopted FRS 102 for the year ended 30 April 2017, with the date of transition being 1 May

2015. On transition management have considered the effect of any changes in accounting treatment from UK

GAAP to FRS 102 for this company but do not consider there to be any material changes that would warrant

restatement of the comparative financials.

MSK Medical Services Ltd - Accounts to registrar - small 17.2

MSK Medical Services Ltd - Accounts to registrar - small 17.2