Company Registration No. 06806184 (England and Wales)
IR Clinical Services Ltd
Filleted accounts
for the year ended 31 January 2017
IR Clinical Services Ltd
Filleted accounts
Contents
IR Clinical Services Ltd
Company Information
for the year ended 31 January 2017
Company Number
06806184 (England and Wales)
Registered Office
122 Broadway West
Walsall
West Midlands
WS1 4DN
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
IR Clinical Services Ltd
Statement of financial position
as at
31 January 2017
Cash at bank and in hand
59,548
20,935
Creditors: amounts falling due within one year
(34,579)
(29,449)
Net current assets
26,769
2
Called up share capital
2
2
Profit and loss account
26,767
-
Shareholders' funds
26,769
2
For the year ending 31 January 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 October 2017.
Mr I Ravat
Director
Company Registration No. 06806184
IR Clinical Services Ltd
Notes to the Accounts
for the year ended 31 January 2017
IR Clinical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 06806184. The registered office and principal place of business is 122 Broadway West , Walsall, West Midlands, WS1 4DN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Trade debtors
1,800
8,516
IR Clinical Services Ltd
Notes to the Accounts
for the year ended 31 January 2017
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
17,906
8,549
Other creditors
15,953
20,180
6
Share capital
2017
2016
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1
1
1 B Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2016: 2).