Silverfin false 31/01/2023 01/02/2022 31/01/2023 Mr K Balasubramaniam 15/01/2014 16 October 2023 The principal activity of the Company during the financial year was specialist medical practice activities. 08846023 2023-01-31 08846023 bus:Director1 2023-01-31 08846023 2022-01-31 08846023 core:CurrentFinancialInstruments 2023-01-31 08846023 core:CurrentFinancialInstruments 2022-01-31 08846023 core:ShareCapital 2023-01-31 08846023 core:ShareCapital 2022-01-31 08846023 core:RetainedEarningsAccumulatedLosses 2023-01-31 08846023 core:RetainedEarningsAccumulatedLosses 2022-01-31 08846023 core:OfficeEquipment 2022-01-31 08846023 core:OfficeEquipment 2023-01-31 08846023 core:CostValuation 2022-01-31 08846023 core:RevaluationsIncreaseDecreaseInInvestments 2023-01-31 08846023 core:CostValuation 2023-01-31 08846023 core:ProvisionsForImpairmentInvestments 2022-01-31 08846023 core:ProvisionsForImpairmentInvestments 2023-01-31 08846023 bus:OrdinaryShareClass1 2023-01-31 08846023 2022-02-01 2023-01-31 08846023 bus:FullAccounts 2022-02-01 2023-01-31 08846023 bus:SmallEntities 2022-02-01 2023-01-31 08846023 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 08846023 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 08846023 bus:Director1 2022-02-01 2023-01-31 08846023 core:OfficeEquipment core:TopRangeValue 2022-02-01 2023-01-31 08846023 2021-02-01 2022-01-31 08846023 core:OfficeEquipment 2022-02-01 2023-01-31 08846023 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 08846023 bus:OrdinaryShareClass1 2021-02-01 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08846023 (England and Wales)

DILIGENT IMAGING AND INTERVENTION LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2023
Pages for filing with the registrar

DILIGENT IMAGING AND INTERVENTION LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2023

Contents

DILIGENT IMAGING AND INTERVENTION LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2023
DILIGENT IMAGING AND INTERVENTION LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2023
DIRECTOR Mr K Balasubramaniam
REGISTERED OFFICE Quoits Field
Duddlestone
Taunton
TA3 7BD
United Kingdom
COMPANY NUMBER 08846023 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
DILIGENT IMAGING AND INTERVENTION LIMITED

BALANCE SHEET

As at 31 January 2023
DILIGENT IMAGING AND INTERVENTION LIMITED

BALANCE SHEET (continued)

As at 31 January 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 630 100
Investments 4 0 11,632
630 11,732
Current assets
Debtors 5 445,985 337,829
Cash at bank and in hand 46,715 60,722
492,700 398,551
Creditors: amounts falling due within one year 6 ( 27,922) ( 29,360)
Net current assets 464,778 369,191
Total assets less current liabilities 465,408 380,923
Provision for liabilities ( 200) ( 400)
Net assets 465,208 380,523
Capital and reserves
Called-up share capital 7 1,000 1,000
Profit and loss account 464,208 379,523
Total shareholders' funds 465,208 380,523

For the financial year ending 31 January 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Diligent Imaging and Intervention Limited (registered number: 08846023) were approved and authorised for issue by the Director on 16 October 2023. They were signed on its behalf by:

Mr K Balasubramaniam
Director
DILIGENT IMAGING AND INTERVENTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
DILIGENT IMAGING AND INTERVENTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Diligent Imaging and Intervention Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Quoits Field, Duddlestone, Taunton, TA3 7BD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts and after eliminating sales within the company.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Office equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 February 2022 400 400
Additions 610 610
At 31 January 2023 1,010 1,010
Accumulated depreciation
At 01 February 2022 300 300
Charge for the financial year 80 80
At 31 January 2023 380 380
Net book value
At 31 January 2023 630 630
At 31 January 2022 100 100

4. Fixed asset investments

Other investments Total
£ £
Carrying value before impairment
At 01 February 2022 11,632 11,632
Movement in fair value ( 11,632) ( 11,632)
At 31 January 2023 0 0
Provisions for impairment
At 01 February 2022 0 0
At 31 January 2023 0 0
Carrying value at 31 January 2023 0 0
Carrying value at 31 January 2022 11,632 11,632

5. Debtors

2023 2022
£ £
Other debtors 445,985 337,829

6. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to director 6,822 12,908
Accruals 1,450 1,386
Taxation and social security 19,650 15,066
27,922 29,360

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
6 Ordinary shares of £ 166.667 each 1,000 1,000

8. Related party transactions

Diligent Property Services Limited

During the year loan existed between Diligent Imaging & Intervention Limited and Diligent Property Services Limited, of which both Mr and Mrs Balasubramaniam are shareholders. The loan is interest free and repayable on demand. The balance due by Diligent Property Services Limited at 31 January 2023 is £421,170 (2022 £318,759).

Riverside Somerset Limited
During the year a loan existed between Diligent Imaging & Intervention Limited and Riverside Somerset Limited, of which Mrs Balasubramaniam is shareholder. The loan is interest free and repayable on demand. The balance due by Riverside Somerset Limited at 31 January 2023 is £24,766.61(2022 £19,070).