Acorah Software Products - Accounts Production 15.0.500 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09917974 Mr Harshad Patel Mr Mitul Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09917974 2022-11-30 09917974 2023-11-30 09917974 2022-12-01 2023-11-30 09917974 frs-core:ShareCapital 2023-11-30 09917974 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09917974 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09917974 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09917974 frs-bus:SmallEntities 2022-12-01 2023-11-30 09917974 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09917974 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09917974 frs-core:CostValuation 2022-11-30 09917974 frs-core:CostValuation 2023-11-30 09917974 frs-core:ProvisionsForImpairmentInvestments 2022-11-30 09917974 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 09917974 frs-bus:Director1 2022-12-01 2023-11-30 09917974 frs-bus:Director2 2022-12-01 2023-11-30 09917974 frs-countries:EnglandWales 2022-12-01 2023-11-30 09917974 2021-11-30 09917974 2022-11-30 09917974 2021-12-01 2022-11-30 09917974 frs-core:ShareCapital 2022-11-30 09917974 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09917974
Medsio Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 09917974
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,388,034 1,388,034
1,388,034 1,388,034
TOTAL ASSETS LESS CURRENT LIABILITIES 1,388,034 1,388,034
NET ASSETS 1,388,034 1,388,034
CAPITAL AND RESERVES
Called up share capital 300 300
Profit and Loss Account 1,387,734 1,387,734
SHAREHOLDERS' FUNDS 1,388,034 1,388,034
For the 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.
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.
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
Mr Harshad Patel
Director
6 August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Medsio Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09917974 . The registered office is C/O Hunts Pharmacy, 205 Plumstead Road, Norwich, NR1 4AB.
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. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation
at the reporting date as a result of a past event, it is probable that economic benefit will be
transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Investments
Subsidiaries
£
Cost
As at 1 December 2022 1,388,034
As at 30 November 2023 1,388,034
Provision
As at 1 December 2022 -
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 1,388,034
As at 1 December 2022 1,388,034
Details of investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking                                                Holding             Proportion of voting rights & shares
Subsidiary undertakings
Medsio Limited                                        Ordinary shares           100%
Registered office
205 Plumstead Road, Norwich, Norfolk, United Kingdom, NR1 4AB
Principal activity : provision of retail pharmacy services.
The loss for the financial period Medsio Limited  was -£355,458.00 and the aggregate amount of capital and reserve at the period was £142,462.00
5. Related Party Transactions
Mr Mitul Patel, Mr Harshad Patel and Mr Anthony Ailwyn Prendergast are directors of the company.
At the end of the year amount owed by the company to the directors is £0.00 (2022: £0.00).
During the year the company has declared dividends of £0.00. (2022:£0.00).
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