A & S Medical Services Ltd. - Accounts to registrar

REGISTERED NUMBER: SC261160 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A & S Medical Services Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr Jagdeep Luthra

Mrs Rekha Luthra

SECRETARY:

Dr Jagdeep Luthra

REGISTERED OFFICE:

c/o Dr Jagdeep Luthra

41 Craw Road

Paisley

Renfrewshire

PA2 6AD

REGISTERED NUMBER:

SC261160 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Tangible assets

4

151,369

151,207

CURRENT ASSETS

Debtors

5

4

Cash at bank

138,638

168,198

138,642

168,202

CREDITORS

Amounts falling due within one year

6

48,870

48,632

NET CURRENT ASSETS

89,772

119,570

TOTAL ASSETS LESS CURRENT
LIABILITIES

241,141

270,777

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

241,139

270,775

SHAREHOLDERS' FUNDS

241,141

270,777

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 14 June 2017 and were signed on its
behalf by:

Dr Jagdeep Luthra - Director

1.	STATUTORY INFORMATION

A & S Medical Services Ltd. is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Investment property

-

not provided

Computer equipment

-

25% on reducing balance

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 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Investment

Computer

property

equipment

Totals

£

COST

At 1 April 2016

151,109

2,273

153,382

Additions

-

249

At 31 March 2017

151,109

2,522

153,631

DEPRECIATION

At 1 April 2016

-

2,175

Charge for year

-

87

At 31 March 2017

-

2,262

NET BOOK VALUE

At 31 March 2017

151,109

260

151,369

At 31 March 2016

151,109

98

151,207

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade debtors

4

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Taxation and social security

2,550

2,262

Other creditors

46,320

46,370

48,870

48,632

7.	RELATED PARTY DISCLOSURES

One of the properties sub-let by the company is rented from Seema Luthra, the daughter of Mr and Mrs Luthra , on a full repairing and insuring lease at a nominal rental of £12 per annum.

8.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors, Dr & Mrs Luthra, throughout the year. Dr and Mrs Luthra jointly own 100% of the company's issued share capital .