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Company Registration No. 09879936 (England and Wales)
NRI Medical Ltd Unaudited accounts for the year ended 31 October 2022
NRI Medical Ltd Unaudited accounts Contents
Page
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NRI Medical Ltd Company Information for the year ended 31 October 2022
Director
Naveed Ur Rehman
Company Number
09879936 (England and Wales)
Registered Office
108A, 1st Floor 53 Derby Street Manchester M8 8HW
Accountants
FIRST CHOICE ACCOUNTANTS LTD SUITE 2.18, UNIVERSAL SQUARE DEVONSHIRE STREET NORTH MANCHESTER LANCASHIRE M12 6JH
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NRI Medical Ltd Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,801 
13,577 
Current assets
Debtors
26,401 
26,024 
Cash at bank and in hand
103,891 
177,149 
130,292 
203,173 
Creditors: amounts falling due within one year
(35,283)
(43,677)
Net current assets
95,009 
159,496 
Total assets less current liabilities
116,810 
173,073 
Creditors: amounts falling due after more than one year
(34,296)
(62,267)
Net assets
82,514 
110,806 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
82,414 
110,706 
Shareholders' funds
82,514 
110,806 
For the year ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 October 2023 and were signed on its behalf by
Naveed Ur Rehman Director Company Registration No. 09879936
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NRI Medical Ltd Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
NRI Medical Ltd is a private company, limited by shares, registered in England and Wales, registration number 09879936. The registered office is 108A, 1st Floor, 53 Derby Street, Manchester, M8 8HW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Straight Line
Motor vehicles
15% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
15% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2021
14,709 
10,199 
2,983 
5,504 
33,395 
Additions
- 
9,500 
285 
5,783 
15,568 
At 31 October 2022
14,709 
19,699 
3,268 
11,287 
48,963 
Depreciation
At 1 November 2021
11,457 
5,415 
1,895 
1,051 
19,818 
Charge for the year
2,206 
2,955 
490 
1,693 
7,344 
At 31 October 2022
13,663 
8,370 
2,385 
2,744 
27,162 
Net book value
At 31 October 2022
1,046 
11,329 
883 
8,543 
21,801 
At 31 October 2021
3,252 
4,784 
1,088 
4,453 
13,577 
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NRI Medical Ltd Notes to the Accounts for the year ended 31 October 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
20,000 
20,000 
Amounts falling due after more than one year
Other debtors
6,401 
6,024 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
5,937 
- 
Taxes and social security
23,990 
36,507 
Other creditors
5,356 
7,170 
35,283 
43,677 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
34,296 
45,327 
Taxes and social security
- 
16,940 
34,296 
62,267 
8
Average number of employees
During the year the average number of employees was 5 (2021: 8).
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