Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09248517 Krishna Devarakonda Anuradha Jayanti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09248517 2023-03-31 09248517 2024-03-31 09248517 2023-04-01 2024-03-31 09248517 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09248517 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 09248517 frs-core:PlantMachinery 2023-04-01 2024-03-31 09248517 frs-core:ShareCapital 2024-03-31 09248517 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09248517 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09248517 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 09248517 frs-bus:SmallEntities 2023-04-01 2024-03-31 09248517 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09248517 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09248517 frs-bus:Director1 2023-04-01 2024-03-31 09248517 frs-bus:Director2 2023-04-01 2024-03-31 09248517 frs-countries:EnglandWales 2023-04-01 2024-03-31 09248517 2022-03-31 09248517 2023-03-31 09248517 2022-04-01 2023-03-31 09248517 frs-core:ShareCapital 2023-03-31 09248517 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09248517
K M D Medical Services Limited
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09248517
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 85,426 63,701
85,426 63,701
CURRENT ASSETS
Debtors 4,069 3,121
Cash at bank and in hand 135,272 84,631
139,341 87,752
Creditors: Amounts Falling Due Within One Year (21,775 ) (5,789 )
NET CURRENT ASSETS (LIABILITIES) 117,566 81,963
TOTAL ASSETS LESS CURRENT LIABILITIES 202,992 145,664
NET ASSETS 202,992 145,664
CAPITAL AND RESERVES
Called up share capital 5 10 10
Profit and Loss Account 202,982 145,654
SHAREHOLDERS' FUNDS 202,992 145,664
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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.
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Krishna Devarakonda
Director
13th August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
K M D Medical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09248517 . The registered office is 4 Waterbridge, Worsley, Manchester, M28 2GE.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold
Plant & Machinery 2% Stright Line Method
Computer Equipment 20% Stright Line Method
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 2)
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4. Tangible Assets
Total
£
Cost
As at 1 April 2023 67,611
Additions 23,668
As at 31 March 2024 91,279
Depreciation
As at 1 April 2023 3,910
Provided during the period 1,943
As at 31 March 2024 5,853
Net Book Value
As at 31 March 2024 85,426
As at 1 April 2023 63,701
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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