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Company Registration No. 10748141 (England and Wales)
Paediatric Gut Investigation Clinic Ltd Unaudited accounts for the year ended 31 August 2023
Paediatric Gut Investigation Clinic Ltd Unaudited accounts Contents
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Paediatric Gut Investigation Clinic Ltd Company Information for the year ended 31 August 2023
Directors
Oluwafemi Omowo Liong Mee HII
Company Number
10748141 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
Gordons Knight Ltd 12 South Drive Banstead Surrey England SM7 3BH
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Paediatric Gut Investigation Clinic Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,145 
3,334 
Current assets
Debtors
3,833 
5,547 
Cash at bank and in hand
112,266 
71,010 
116,099 
76,557 
Creditors: amounts falling due within one year
(39,360)
(25,958)
Net current assets
76,739 
50,599 
Net assets
79,884 
53,933 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
79,784 
53,833 
Shareholders' funds
79,884 
53,933 
For the year ending 31 August 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by
Oluwafemi Omowo Director Company Registration No. 10748141
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Paediatric Gut Investigation Clinic Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Paediatric Gut Investigation Clinic Ltd is a private company, limited by shares, registered in England and Wales, registration number 10748141. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & machinery
25% WDV
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
6,886 
Additions
999 
Disposals
(751)
At 31 August 2023
7,134 
Depreciation
At 1 September 2022
3,552 
Charge for the year
1,048 
On disposals
(611)
At 31 August 2023
3,989 
Net book value
At 31 August 2023
3,145 
At 31 August 2022
3,334 
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Paediatric Gut Investigation Clinic Ltd Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,332 
5,547 
Other debtors
501 
- 
3,833 
5,547 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
19,880 
6,478 
Loans from directors
18,125 
18,125 
Accruals
1,355 
1,355 
39,360 
25,958 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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