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REGISTERED NUMBER: 12015958 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st May 2022

for

Echoclinic Ltd

Echoclinic Ltd (Registered number: 12015958)






Contents of the Financial Statements
for the Year Ended 31st May 2022




Page

Balance Sheet 1

Notes to the Financial Statements 2


Echoclinic Ltd (Registered number: 12015958)

Balance Sheet
31st May 2022

31.5.22 31.5.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 649 1,086

CURRENT ASSETS
Debtors 5 - 2,686
Cash at bank 63,651 33,106
63,651 35,792
CREDITORS
Amounts falling due within one year 6 16,191 8,867
NET CURRENT ASSETS 47,460 26,925
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,109

28,011

PROVISIONS FOR LIABILITIES 123 206
NET ASSETS 47,986 27,805

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 47,886 27,705
SHAREHOLDERS' FUNDS 47,986 27,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 3rd September 2022 and were signed by:





Dr M J Luckie - Director


Echoclinic Ltd (Registered number: 12015958)

Notes to the Financial Statements
for the Year Ended 31st May 2022

1. COMPANY INFORMATION

Echoclinic Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12015958

Registered office: First Floor
49 Peter Street
Manchester
M2 3NG

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
Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets
Tangible Fixed assets are initially measured at cost and subsequently measured at cost or
valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual
values over their useful lives on the following basis:

Computer Equipment - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the
sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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 1 (2021 - 1 ) .

Echoclinic Ltd (Registered number: 12015958)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st June 2021
and 31st May 2022 1,748
DEPRECIATION
At 1st June 2021 662
Charge for year 437
At 31st May 2022 1,099
NET BOOK VALUE
At 31st May 2022 649
At 31st May 2021 1,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade debtors - 2,686

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade creditors - (1 )
Tax 13,600 7,423
Directors' current accounts 1,763 733
Accrued expenses 828 712
16,191 8,867

7. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 31.5.22 31.5.21
value: £    £   
50 Ordinary A 1 50 50
50 Ordinary B 1 50 50
100 100

The A Shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The B Shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The A and B Shares rank pari passu in respect of dividend and capital distribution rights.

Echoclinic Ltd (Registered number: 12015958)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2022

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2022 and 31st May 2021:

31.5.22 31.5.21
£    £   
Dr M J Luckie
Balance outstanding at start of year (733 ) (379 )
Amounts advanced 17,646 210
Amounts repaid (18,676 ) (564 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,763 ) (733 )

The loan is repayable on demand and no interest was charged during the year.

9. CONTROL

The ultimate controlling party is Dr M Luckie by virtue of holding 100% of the voting share capital.