Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 01470393 Mr G.A. Topping Mrs A.E. Topping iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01470393 2022-12-31 01470393 2023-12-31 01470393 2023-01-01 2023-12-31 01470393 frs-core:CurrentFinancialInstruments 2023-12-31 01470393 frs-core:ShareCapital 2023-12-31 01470393 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01470393 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01470393 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 01470393 frs-bus:SmallEntities 2023-01-01 2023-12-31 01470393 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01470393 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01470393 frs-core:CostValuation 2022-12-31 01470393 frs-core:AdditionsToInvestments 2023-12-31 01470393 frs-core:DisposalsRepaymentsInvestments 2023-12-31 01470393 frs-core:CostValuation 2023-12-31 01470393 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 01470393 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 01470393 frs-bus:Director1 2023-01-01 2023-12-31 01470393 frs-bus:Director2 2023-01-01 2023-12-31 01470393 frs-countries:EnglandWales 2023-01-01 2023-12-31 01470393 2021-12-31 01470393 2022-12-31 01470393 2022-01-01 2022-12-31 01470393 frs-core:CurrentFinancialInstruments 2022-12-31 01470393 frs-core:ShareCapital 2022-12-31 01470393 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 01470393
Medhob Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
A2G Accountants Ltd
The Courtyard
Oakwood Park Business Centre
Fountains Road Bishop Thornton
Harrogate, North Yorkshire
HG3 3BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01470393
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,038,000 1,038,000
Investments 5 61,383 196,851
1,099,383 1,234,851
CURRENT ASSETS
Debtors 6 28,419 70,419
Cash at bank and in hand 24,978 8,367
53,397 78,786
Creditors: Amounts Falling Due Within One Year 7 (1,390 ) (26,807 )
NET CURRENT ASSETS (LIABILITIES) 52,007 51,979
TOTAL ASSETS LESS CURRENT LIABILITIES 1,151,390 1,286,830
NET ASSETS 1,151,390 1,286,830
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 1,150,390 1,285,830
SHAREHOLDERS' FUNDS 1,151,390 1,286,830
Page 1
Page 2
For the year ending 31 December 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 G.A. Topping
Director
13/09/2024
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
Medhob Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01470393 . The registered office is Lynnbank, 2a Irlam Road, Sale, M33 2BH.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 4)
4 4
4. Investment Property
2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 1,038,000
5. Investments
Other
£
Cost
As at 1 January 2023 196,851
Additions 50,000
Disposals (185,468 )
As at 31 December 2023 61,383
Provision
As at 1 January 2023 -
As at 31 December 2023 -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 61,383
As at 1 January 2023 196,851
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 28,419 70,419
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 1,370 26,787
Taxation and social security 20 20
1,390 26,807
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4