Surrey Medical Consultants Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08946907 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Surrey Medical Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Kakar

REGISTERED OFFICE:

37 Glebe Road

Ashtead

Surrey

KT21 2NT

REGISTERED NUMBER:

08946907 (England and Wales)

ACCOUNTANTS:

Sutton Road Tax Services Limited

398 Sutton Road

Walsall

West Midlands

WS5 3BA

FIXED ASSETS

Tangible assets

4

604

750

CURRENT ASSETS

Debtors

5

490

478

Cash at bank

2,165

2,197

2,655

2,675

CREDITORS

Amounts falling due within one year

6

1,643

1,128

NET CURRENT ASSETS

1,012

1,547

TOTAL ASSETS LESS CURRENT LIABILITIES

1,616

2,297

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,615

2,296

SHAREHOLDERS' FUNDS

1,616

2,297

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 director acknowledges his 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.

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

The financial statements were approved by the director on 21 August 2017 and were signed by:

P Kakar - Director

1.	STATUTORY INFORMATION

Surrey Medical Consultants Limited 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.

Tangible fixed assets

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

Plant and machinery etc

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

1,110

Additions

95

At 31 March 2017

1,205

DEPRECIATION

At 1 April 2016

360

Charge for year

241

At 31 March 2017

601

NET BOOK VALUE

At 31 March 2017

604

At 31 March 2016

750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other debtors

490

478

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

622

528

Other creditors

1,021

600

1,643

1,128

7.	ULTIMATE CONTROLLING PARTY

The controlling party is P Kakar.

8.	TRANSITION TO FRS 102

The company prepares its financial statements that comply with FRS 102 for the year ended 31 March 2017. The

company's date of transition to FRS 102 is 1 April 2015. The transition is not considered to have a material

impact on the financial statements and no adjustments were necessary to restate the financial statements.