Vohra Medical Services Limited 04990077 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of occupational medicine and medicolegal reporting. Digita Accounts Production Advanced 6.30.9574.0 true 04990077 2022-12-01 2023-11-30 04990077 2023-11-30 04990077 core:RetainedEarningsAccumulatedLosses 2023-11-30 04990077 core:ShareCapital 2023-11-30 04990077 core:CurrentFinancialInstruments 2023-11-30 04990077 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 04990077 core:OfficeEquipment 2023-11-30 04990077 bus:SmallEntities 2022-12-01 2023-11-30 04990077 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 04990077 bus:FullAccounts 2022-12-01 2023-11-30 04990077 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04990077 bus:Director1 2022-12-01 2023-11-30 04990077 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04990077 core:OfficeEquipment 2022-12-01 2023-11-30 04990077 countries:AllCountries 2022-12-01 2023-11-30 04990077 core:OfficeEquipment 2022-11-30 04990077 2021-12-01 2022-11-30 04990077 2022-11-30 04990077 core:RetainedEarningsAccumulatedLosses 2022-11-30 04990077 core:ShareCapital 2022-11-30 04990077 core:CurrentFinancialInstruments 2022-11-30 04990077 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 04990077 core:OfficeEquipment 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 04990077

Vohra Medical Services Limited

Directors' Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Vohra Medical Services Limited

(Registration number: 04990077)

Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

887

1,291

Current assets

 

Debtors

4

265,731

11,200

Cash at bank and in hand

 

125,015

93,215

 

390,746

104,415

Creditors: Amounts falling due within one year

5

(179,274)

(100,094)

Net current assets

 

211,472

4,321

Net assets

 

212,359

5,612

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

212,259

5,512

Shareholders' funds

 

212,359

5,612

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 7 August 2024 and signed on its behalf by:
 

.........................................

Dr S Vohra
Director

 

Vohra Medical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

Accounting policies

Statutory information

Vohra Medical Services Limited is a private company, limited by shares, domiciled in England and Wales, company number 04990077. The registered office is at 165 Hemper Lane, Greenhill, Sheffield, S8 7FB.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

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 sales/value added tax, returns, rebates and discounts.

Government grants

Grants that relate to the financing of projects to expand the operations of the business are amortised over the expected useful economic life of the assets or projects concerned. Grants relating to revenue expenditure are credited to income when receivable.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Vohra Medical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

1

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

15% straight line per annum

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2022 - 5).

 

Vohra Medical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

3

Tangible assets

Office equipment
£

Cost

At 1 December 2022

4,491

At 30 November 2023

4,491

Depreciation

At 1 December 2022

3,200

Charge for the year

404

At 30 November 2023

3,604

Carrying amount

At 30 November 2023

887

At 30 November 2022

1,291

4

Debtors

2023
£

2022
£

Trade debtors

20,000

11,200

Directors' current accounts

245,731

-

265,731

11,200

5

Creditors

2023
£

2022
£

Due within one year

Trade creditors

1,658

628

Taxation and social security

172,456

94,656

Accruals and deferred income

5,160

4,400

Other creditors

-

410

179,274

100,094

 

Vohra Medical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

6

Related party transactions

During the year the company made the following related party transactions:

Dr S Vohra and Mrs S J Vohra
During the year the directors had an interest free loan account with the company. At the balance sheet date the amount due from Dr S Vohra and Mrs S J Vohra was £245,731 (2022 due to - £108). This has been repaid after the year end.