Company Registration No. 08151781 (England and Wales)
Hoffen Medicals Limited
Unaudited accounts
for the year ended 31 July 2023
Hoffen Medicals Limited
Unaudited accounts
Contents
Hoffen Medicals Limited
Company Information
for the year ended 31 July 2023
Director
ENAOHWO, Oghenemarho Meshach
Company Number
08151781 (England and Wales)
Registered Office
2 NORTHCOTE AVENUE
OLDHAM
OL1 4EH
ENGLAND
Accountants
L&S Accounting Firm
2nd Floor Ebenezer House
2-10 St Johns Street
Bedford
MK42 0DH
Hoffen Medicals Limited
Statement of financial position
as at 31 July 2023
Tangible assets
5,095
1,202
Cash at bank and in hand
12,387
1,642
Creditors: amounts falling due within one year
(18,129)
(13,171)
Net current liabilities
(5,742)
(11,529)
Net liabilities
(647)
(10,327)
Called up share capital
100
100
Profit and loss account
(747)
(10,427)
Shareholders' funds
(647)
(10,327)
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 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 30 April 2024 and were signed on its behalf by
ENAOHWO, Oghenemarho Meshach
Director
Company Registration No. 08151781
Hoffen Medicals Limited
Notes to the Accounts
for the year ended 31 July 2023
Hoffen Medicals Limited is a private company, limited by shares, registered in England and Wales, registration number 08151781. The registered office is 2 NORTHCOTE AVENUE, OLDHAM, OL1 4EH, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
-
3,600
3,600
At 31 July 2023
5,092
3,600
8,692
At 1 August 2022
-
2,398
2,398
Charge for the year
-
1,199
1,199
At 31 July 2023
-
3,597
3,597
At 31 July 2023
5,092
3
5,095
At 31 July 2022
-
1,202
1,202
Hoffen Medicals Limited
Notes to the Accounts
for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
18,129
24,260
Loans from directors
-
(11,089)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).