CURIAN MEDICAL LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 07721150 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

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

6,150

17,246

CURRENT ASSETS

Debtors

499,506

432,379

CREDITORS

Amounts falling due within one year

267,424

260,638

NET CURRENT ASSETS

232,082

171,741

TOTAL ASSETS LESS CURRENT LIABILITIES

238,232

188,987

PROVISIONS FOR LIABILITIES

1,168

3,449

NET ASSETS

237,064

185,538

CAPITAL AND RESERVES

Called up share capital

5

2,500

Retained earnings

234,564

183,038

SHAREHOLDERS' FUNDS

237,064

185,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 2018 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 24 July 2018 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, and are in sterling (£), which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future. The

directors therefore adopt the going concern basis of accounting in preparing the financial statements.

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

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to

determine whether there is any indication of their values being impaired. Any impairment losses are then

treated as an expense during the period.

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 13 (2017 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

35,063

Additions

2,404

Disposals

(18,386

)

At 31 March 2018

19,081

DEPRECIATION

At 1 April 2017

17,817

Charge for year

7,754

Eliminated on disposal

(12,640

)

At 31 March 2018

12,931

NET BOOK VALUE

At 31 March 2018

6,150

At 31 March 2017

17,246

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

2,500

Ordinary

£1

2,500

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

31.3.18

31.3.17

£

I Curbishley

Balance outstanding at start of year

-

Amounts advanced

15,390

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

15,390

-

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 £11,027 (2017: £19,306). Curian Solutions Limited made repayments of

£22,305 (2017: £Nil) to the company. The balance outstanding at the year end was £9,078 (2017: £20,356).

Talent Journey International Limited is a company under common control. During the year the company paid

expenses on behalf of Talent Journey International Limited of £10,460 (2017: £Nil). Talent Journey

International Limited charged management fees of £34,500 (2017: £Nil). The remaining balance of £24,040

was written off in the year.

During the year the company paid dividends totalling £129,650 to Curian Holdings Limited, a company owned

by the director I Curbishley (2017: £136,620).

CURIAN MEDICAL LTD - Accounts to registrar (filleted) - small 18.2

CURIAN MEDICAL LTD - Accounts to registrar (filleted) - small 18.2