Registered Number 09928156
SANA HEALTH UK LIMITED
Abbreviated Accounts
31 August 2016
Notes | 2016 | ||
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£ | |||
Fixed assets | |||
Intangible assets | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Intangible assets amortisation policy
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation is not to be provided on goodwill until the final prototype is finished in production and launched.
Other accounting policies
The company is undertaking research and has produced a prototype for a wearable device to aid sleep. Research and development is written off as incurred.
Foreign currency
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. At the balance sheet date, monetary items denominated in foreign currencies are translated at the rate prevailing at the balance sheet date. All exchange rate differences are included in the profit and loss account.
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 August 2016 |
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Amortisation | |
Charge for the year |
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On disposals |
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At 31 August 2016 |
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Net book values | |
At 31 August 2016 | 3,281,856 |