Company Registration No. NI621250 (Northern Ireland)
Anaecon Ltd
Unaudited accounts
for the year ended 31 March 2024
Anaecon Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
24,329
9,322
Cash at bank and in hand
206,133
167,361
Creditors: amounts falling due within one year
(80,959)
(80,810)
Net current assets
125,174
86,551
Net assets
175,034
121,404
Called up share capital
2
2
Profit and loss account
175,032
121,402
Shareholders' funds
175,034
121,404
For the year ending 31 March 2024 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 11 September 2024 and were signed on its behalf by
Dr. J M McLoughlin
Director
Company Registration No. NI621250
Anaecon Ltd
Notes to the Accounts
for the year ended 31 March 2024
Anaecon Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI621250. The registered office is Unit 2 Channel Wharf, 21 Old Channel Road , Belfast, Antrim, BT3 9DE, Northern Ireland.
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.
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:
Land & buildings
15% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
20% Straight Line
Fixed asset investments are held at cost less provision for any diminution in value.
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 cosmetic goods and provision of medical services is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of medical 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.
The directors believe that Anaecon Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Anaecon Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
21,273
5,097
10,156
36,526
Additions
17,536
1,079
735
19,350
Disposals
(10,463)
(3,725)
(4,065)
(18,253)
At 31 March 2024
28,346
2,451
6,826
37,623
At 1 April 2023
17,158
4,018
6,028
27,204
Charge for the year
2,620
518
1,205
4,343
On disposals
(10,463)
(3,725)
(4,065)
(18,253)
At 31 March 2024
9,315
811
3,168
13,294
At 31 March 2024
19,031
1,640
3,658
24,329
At 31 March 2023
4,115
1,079
4,128
9,322
5
Investments
Other investments
Valuation at 1 April 2023
25,531
Valuation at 31 March 2024
25,531
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
29,175
26,616
Other creditors
1,102
1,194
Loans from directors
42,143
35,649
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
1 Ordinary A shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).