Qanun Medical Ltd - Accounts to registrar (filleted) - small 17.3

Qanun Medical Ltd - Accounts to registrar (filleted) - small 17.3

QANUN MEDICAL LTD - Company Information

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REGISTERED NUMBER: 05549292 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2017

FOR

QANUN MEDICAL LTD
QANUN MEDICAL LTD (REGISTERED NUMBER: 05549292)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


QANUN MEDICAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2017







DIRECTOR: Dr. M B Chaudri





SECRETARY: Ms M Ali





REGISTERED OFFICE: 46 Moorcroft Road
Birmingham
B13 8LX





REGISTERED NUMBER: 05549292 (England and Wales)





ACCOUNTANTS: Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE
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QANUN MEDICAL LTD (REGISTERED NUMBER: 05549292)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2017

31/3/17 31/3/16
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,010 863

CURRENT ASSETS
Cash at bank and in hand 1,620 2,583

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
5
(7,167
)
(3,194
)
NET CURRENT LIABILITIES (5,547 ) (611 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(3,537
)
252

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (3,637 ) 152
SHAREHOLDERS' FUNDS (3,537 ) 252

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 19th December 2017 and were signed by:





Dr. M B Chaudri - Director


The notes on pages 3 to 4 form part of these financial statements

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QANUN MEDICAL LTD (REGISTERED NUMBER: 05549292)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2017


1. STATUTORY INFORMATION

Qanun 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 amounts invoiced during the year.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1st April 2016 3,679
Additions 1,998
At 31st March 2017 5,677
DEPRECIATION
At 1st April 2016 2,816
Charge for year 851
At 31st March 2017 3,667
NET BOOK VALUE
At 31st March 2017 2,010
At 31st March 2016 863

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QANUN MEDICAL LTD (REGISTERED NUMBER: 05549292)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2017


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/17 31/3/16
£    £   
Taxation and social security 5,406 1,397
Other creditors 1,761 1,797
7,167 3,194

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/17 31/3/16
value: £    £   
100 Ordinary £1 100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2017
and 31st March 2016:

31/3/17 31/3/16
£    £   
Dr. M B Chaudri
Balance outstanding at start of year (797 ) (1,227 )
Amounts repaid 186 430
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (611 ) (797 )

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