Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 07705430 Dr VANAJA SRIVASAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07705430 2022-07-31 07705430 2023-07-31 07705430 2022-08-01 2023-07-31 07705430 frs-core:CurrentFinancialInstruments 2023-07-31 07705430 frs-core:ComputerEquipment 2023-07-31 07705430 frs-core:ComputerEquipment 2022-08-01 2023-07-31 07705430 frs-core:ComputerEquipment 2022-07-31 07705430 frs-core:ShareCapital 2023-07-31 07705430 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07705430 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07705430 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 07705430 frs-bus:SmallEntities 2022-08-01 2023-07-31 07705430 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 07705430 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 07705430 frs-bus:Director1 2022-08-01 2023-07-31 07705430 frs-countries:EnglandWales 2022-08-01 2023-07-31 07705430 2021-07-31 07705430 2022-07-31 07705430 2021-08-01 2022-07-31 07705430 frs-core:CurrentFinancialInstruments 2022-07-31 07705430 frs-core:ShareCapital 2022-07-31 07705430 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 07705430
VASAN MEDICAL CONSULTING LIMITED
Financial Statements
For The Year Ended 31 July 2023
TOCKAN & CO
CHARTERED CERTIFIED ACCOUNTANTS
289 Brettenham Road
Edmonton
London
N18 2HF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07705430
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 76 154
76 154
CURRENT ASSETS
Cash at bank and in hand 16,736 16,736
16,736 16,736
Creditors: Amounts Falling Due Within One Year 5 (4,083 ) (4,083 )
NET CURRENT ASSETS (LIABILITIES) 12,653 12,653
TOTAL ASSETS LESS CURRENT LIABILITIES 12,729 12,807
NET ASSETS 12,729 12,807
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 12,728 12,806
SHAREHOLDERS' FUNDS 12,729 12,807
Page 1
Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr VANAJA SRIVASAN
Director
16/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
VASAN MEDICAL CONSULTING LIMITED Registered number 07705430 is a limited by shares company incorporated in England & Wales. The Registered Office is 289 BRRETTENHAM ROAD, EDMONTON, LONDON, N18 2HF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 1,129
As at 31 July 2023 1,129
Depreciation
As at 1 August 2022 975
Provided during the period 78
As at 31 July 2023 1,053
Net Book Value
As at 31 July 2023 76
As at 1 August 2022 154
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5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 139 139
Accruals and deferred income 1,500 1,500
Director's loan account 2,444 2,444
4,083 4,083
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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