Integral Occupational Health Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC348272 (Scotland)

Financial Statements For The Year Ended 31 January 2019

for

Integral Occupational Health Ltd.

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Dr M Roy

Dr G Toal

Mrs N Roy

Mrs L Toal

REGISTERED OFFICE:

4th Floor

10-14 West Nile Street

Glasgow

G1 2PP

REGISTERED NUMBER:

SC348272 (Scotland)

ACCOUNTANTS:

Robb Ferguson

Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Tangible assets

4

9,129

13,333

CURRENT ASSETS

Debtors

220,595

213,731

Cash at bank and in hand

459,712

479,280

680,307

693,011

CREDITORS

Amounts falling due within one year

182,315

287,294

NET CURRENT ASSETS

497,992

405,717

TOTAL ASSETS LESS CURRENT LIABILITIES

507,121

419,050

PROVISIONS FOR LIABILITIES

1,734

2,291

NET ASSETS

505,387

416,759

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

505,187

416,559

505,387

416,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 January 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 9 October 2019 and were signed on its behalf by:

Dr M Roy - Director

1.	STATUTORY INFORMATION

Integral Occupational Health 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.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Leasehold improvements

-

33.33% on cost

Medical Equipment

-

20% on cost

Office Equipment

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer Equipment

-

33.33% on cost

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible

preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit

or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes

recognised in profit or loss.

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 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.

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 20 (2018 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2018

151,558

Additions

5,159

At 31 January 2019

156,717

DEPRECIATION

At 1 February 2018

138,225

Charge for year

9,363

At 31 January 2019

147,588

NET BOOK VALUE

At 31 January 2019

9,129

At 31 January 2018

13,333

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2019

2018

£

£

Within one year

57,570

68,508

Between one and five years

230,280

230,280

In more than five years

252,677

287,850

540,527

586,638