Virdee Healthcare Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09725445 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2017

FOR

VIRDEE HEALTHCARE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr K Virdee

Mrs C K Virdee

REGISTERED OFFICE:

c/o Michael Heaven & Associates Limited

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

REGISTERED NUMBER:

09725445 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

INCORPORATED:

10th August 2015

FIXED ASSETS

Tangible assets

3

508

572

CURRENT ASSETS

Debtors

4,263

3,360

Cash at bank

51,492

27,155

55,755

30,515

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

12,858

7,985

NET CURRENT ASSETS

42,897

22,530

TOTAL ASSETS LESS CURRENT LIABILITIES

43,405

23,102

PROVISIONS FOR LIABILITIES

86

114

NET ASSETS

43,319

22,988

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

43,219

22,888

SHAREHOLDERS' FUNDS

43,319

22,988

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 31st August 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 10th January 2018 and were signed on its behalf by:

Dr K Virdee - Director

1.	STATUTORY INFORMATION

Virdee Healthcare 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.

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

useful life.

Computer equipment - 25% Straight Line

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.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2016

762

Additions

168

At 31st August 2017

930

DEPRECIATION

At 1st September 2016

190

Charge for year

232

At 31st August 2017

422

NET BOOK VALUE

At 31st August 2017

508

At 31st August 2016

572

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

NIL

Ordinary

£1

-

100

(2016 - 100 )

80

Ordinary A

£1

80

-

20

Ordinary B

£1

20

-

100

100

5.	FIRST YEAR ADOPTION

There have been no transitional adjustments made in respect of the move to the new FRS102 Section

1A accounting standards.