Sova Healthcare (Birmingham) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09721199 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2018

for

SOVA HEALTHCARE (BIRMINGHAM) LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Bains

Etainder S Heer

REGISTERED OFFICE:

23 Tennyson Ave

Sutton Coldfield

Birmingham

West Midlands

B74 4YG

REGISTERED NUMBER:

09721199 (England and Wales)

ACCOUNTANTS:

Shenward LLP

Chartered Accountants & Business Advisors

19 Bolling Road

Bradford

West Yorkshire

BD4 7BG

FIXED ASSETS

Tangible assets

5

342

-

CURRENT ASSETS

Debtors

2,225

858

Cash at bank and in hand

7,404

8,587

9,629

9,445

CREDITORS

Amounts falling due within one year

7,255

7,589

NET CURRENT ASSETS

2,374

1,856

TOTAL ASSETS LESS CURRENT LIABILITIES

2,716

1,856

PROVISIONS FOR LIABILITIES

6

65

-

NET ASSETS

2,651

1,856

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

2,551

1,756

SHAREHOLDERS' FUNDS

2,651

1,856

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Financial Position for the year ended 31 August 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 18 October 2018 and were signed on its behalf by:

Etainder S Heer - Director

1.	STATUTORY INFORMATION

Sova Healthcare (Birmingham) 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions

that affect the amounts reported. These estimates and judgements are continually reviewed and are based on

experience and other factors, including expectations of future events that are believed to be reasonable under the

circumstances. Details of these judgements can be found in the accounting policies.

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.

Computer equipment

-

33% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2017 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

510

At 31 August 2018

510

DEPRECIATION

Charge for year

168

At 31 August 2018

168

NET BOOK VALUE

At 31 August 2018

342

6.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

Accelerated capital allowances

65

-

Deferred

tax

£

Charge to Income Statement during year

65

Balance at 31 August 2018

65

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the directors by virtue of their shareholding and directorship.