Company Registration No. 10158487 (England and Wales)
DOC ABODE LTD.
Unaudited accounts
for the year ended 31 March 2024
DOC ABODE LTD.
Unaudited accounts
Contents
DOC ABODE LTD.
Company Information
for the year ended 31 March 2024
Director
Al-Dawoud, Mutaz Dr.
Company Number
10158487 (England and Wales)
Registered Office
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
DOC ABODE LTD.
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
275,557
594,471
Creditors: amounts falling due within one year
(919,122)
(1,254,677)
Net current liabilities
(569,335)
(377,173)
Total assets less current liabilities
(566,109)
(376,748)
Creditors: amounts falling due after more than one year
(20,414)
(31,132)
Provisions for liabilities
Net liabilities
(587,136)
(407,961)
Called up share capital
100
100
Profit and loss account
(587,236)
(408,061)
Shareholders' funds
(587,136)
(407,961)
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 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 17 June 2024 and were signed on its behalf by
Al-Dawoud, Mutaz Dr.
Director
Company Registration No. 10158487
DOC ABODE LTD.
Notes to the Accounts
for the year ended 31 March 2024
DOC ABODE LTD. is a private company, limited by shares, registered in England and Wales, registration number 10158487. The registered office is 107 Kirkgate, Leeds, West Yorkshire, LS1 6DP.
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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:
Fixtures & fittings
Straight Line - 20%
Computer equipment
Straight Line - 33%
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
DOC ABODE LTD.
Notes to the Accounts
for the year ended 31 March 2024
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
337
6,777
7,114
At 31 March 2024
337
10,364
10,701
At 1 April 2023
237
6,452
6,689
Charge for the year
67
719
786
At 31 March 2024
304
7,171
7,475
At 31 March 2024
33
3,193
3,226
At 31 March 2023
100
325
425
Amounts falling due within one year
Trade debtors
72,089
3,888
Accrued income and prepayments
2,141
3,173
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,783
5,405
Trade creditors
143,260
307,593
Other creditors
357,010
254,915
Loans from directors
39,555
24,564
Deferred income
321,250
620,000
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Creditors: amounts falling due after more than one year
2024
2023
DOC ABODE LTD.
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 6 (2023: 6).