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REGISTERED NUMBER: 09877556 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

KENT ULTRASOUND STUDIO LIMITED

KENT ULTRASOUND STUDIO LIMITED (REGISTERED NUMBER: 09877556)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KENT ULTRASOUND STUDIO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2021







DIRECTOR: Mrs H J Murphy





REGISTERED OFFICE: Ingram House
6 Meridian Way
Norwich
Norfolk
NR7 0TA





REGISTERED NUMBER: 09877556 (England and Wales)





ACCOUNTANTS: LEES
Chartered Certified Accountants
Hogarth House
136 High Holborn
London
WC1V 6PX

KENT ULTRASOUND STUDIO LIMITED (REGISTERED NUMBER: 09877556)

BALANCE SHEET
30 NOVEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,246 5,347

CURRENT ASSETS
Debtors 5 57,737 6,778
Cash at bank and in hand 195,757 179,348
253,494 186,126
CREDITORS
Amounts falling due within one year 6 50,307 74,204
NET CURRENT ASSETS 203,187 111,922
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,433

117,269

CAPITAL AND RESERVES
Called up share capital 7 100 1
Retained earnings 208,333 117,268
SHAREHOLDERS' FUNDS 208,433 117,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 14 September 2022 and were signed by:





Mrs H J Murphy - Director


KENT ULTRASOUND STUDIO LIMITED (REGISTERED NUMBER: 09877556)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. STATUTORY INFORMATION

Kent Ultrasound Studio Limited is a private company, limited by shares , registered in England and Wales. 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 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 assets
Tangible assets are recorded at cost less accumulated depreciation. Depreciation is calculated so as to write off the cost of fixed assets, less their estimated residual values, over the expected useful economic lives of the assets concerned. The principal annual rate used for this purpose is as follows:

Plant and machinery etc - 25% reducing balance

Government grants
Government grants are recognised when there is reasonable assurance that the grant conditions will be met and the grant will be received. These grants are recognised within other operating income on a systematic basis over the periods in which the related costs towards which they are intended to compensate are recognised as expenses.

Coronavirus Job Retention Scheme (CJRS)
Grants received in relation to the Coronavirus Job Retention Scheme are accounted for on the accruals basis once the related payroll return has been submitted.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 11 (2020 - 7 ) .

KENT ULTRASOUND STUDIO LIMITED (REGISTERED NUMBER: 09877556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

4. TANGIBLE ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 13,518
Additions 1,275
At 30 November 2021 14,793
DEPRECIATION
At 1 December 2020 8,171
Charge for year 1,376
At 30 November 2021 9,547
NET BOOK VALUE
At 30 November 2021 5,246
At 30 November 2020 5,347

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors - 6,426
Other debtors 57,737 352
57,737 6,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts - 3,750
Trade creditors 8,959 4,789
Taxation and social security 40,406 64,449
Other creditors 942 1,216
50,307 74,204

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary Shares £1 100 1

99 Ordinary Shares shares of £1 each were allotted and fully paid for cash at par during the year.

KENT ULTRASOUND STUDIO LIMITED (REGISTERED NUMBER: 09877556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2021 and 30 November 2020:

2021 2020
£    £   
Mrs H J Murphy
Balance outstanding at start of year (885 ) (885 )
Amounts advanced 139,125 -
Amounts repaid (134,186 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,054 (885 )

During the year interest of £1,694 (2020 - £NIL) was charged at HMRC official rates on the director loan account whilst overdrawn.

The above loan is technically repayable on demand.