Aayan Medical Imaging Limited

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 06547415

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,634		591

			2,634		591
CURRENT ASSETS
Stocks	6	22,319		30,030
Debtors	7	15,439		21,823
Cash at bank and in hand		162,959		197,865

		200,717		249,718
Creditors: Amounts Falling Due Within One Year	8	(168,193 )		(216,380 )

NET CURRENT ASSETS (LIABILITIES)			32,524		33,338

TOTAL ASSETS LESS CURRENT LIABILITIES			35,158		33,929

NET ASSETS			35,158		33,929

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and loss account			35,157		33,928

SHAREHOLDERS' FUNDS			35,158		33,929

Page 1

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mr Seear Zaman-Khan

29/12/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	1	511	512
Profit for the year and total comprehensive income	-	63,417	63,417

Dividends paid	-	(30,000)	(30,000)

As at 31 March 2016 and 1 April 2016	1	33,928	33,929


Profit for the year and total comprehensive income	-	31,229	31,229

Dividends paid	-	(30,000)	(30,000)

As at 31 March 2017	1	35,157	35,158

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25%
Computer Equipment	33%

1.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

1.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

Page 4

Aayan Medical Imaging Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

5. Tangible Assets


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2016	624	2,261	2,885
Additions	-	3,340	3,340

As at 31 March 2017	624	5,601	6,225

Depreciation
As at 1 April 2016	624	1,670	2,294
Provided during the period	-	1,297	1,297

As at 31 March 2017	624	2,967	3,591

Net Book Value
As at 31 March 2017	-	2,634	2,634

As at 1 April 2016	-	591	591

6. Stocks

	2017	2016
	£	£
Stock - finished goods	22,319	30,030

	22,319	30,030

7. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	10,068	6,833
VAT	5,371	14,990

	15,439	21,823

Page 5

Aayan Medical Imaging Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

8. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	2,454	55,758
Bank loans and overdrafts	9	-
Corporation tax	7,297	15,717
Other taxes and social security	349	-
Net wages	1,221	855
Director's loan account	156,863	144,050

	168,193	216,380

9. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

10. Dividends

	2017	2016
	£	£
On equity shares:
Final dividend paid	30,000	30,000

	30,000	30,000

11. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

12. General Information

Aayan Medical Imaging Limited Registered number 06547415 is a limited by shares company incorporated in England & Wales. The Registered Office is Suite 125, Kingspark Business Centre , Kingston Road , New Malden, Surrey, KT3 3ST.