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Registered number: 08847030
Vijay Medical Consulting Limited
Financial Statements
For The Year Ended 31 January 2024
TOCKAN & CO
CHARTERED CERTIFIED ACCOUNTANTS
289 Brettenham Road
Edmonton
London
N18 2HF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08847030
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,023 48,162
38,023 48,162
CURRENT ASSETS
Debtors 5 - 240,000
Cash at bank and in hand 337,322 104,575
337,322 344,575
Creditors: Amounts Falling Due Within One Year 6 (40,572 ) (55,488 )
NET CURRENT ASSETS (LIABILITIES) 296,750 289,087
TOTAL ASSETS LESS CURRENT LIABILITIES 334,773 337,249
Creditors: Amounts Falling Due After More Than One Year 7 (13,161 ) (21,161 )
NET ASSETS 321,612 316,088
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 321,610 316,086
SHAREHOLDERS' FUNDS 321,612 316,088
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 SHANMUGA NATARAJAN
Director
24/09/2024
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
Vijay Medical Consulting Limited Registered number 08847030 is a limited by shares company incorporated in England & Wales. The Registered Office is 289 BRRETTENHAM ROAD, EDMONTON, LONDON, N18 2HF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Motor Vehicles 25%
Computer Equipment 25%
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 59,300 8,436 67,736
Additions - 2,536 2,536
As at 31 January 2024 59,300 10,972 70,272
...CONTINUED
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Page 4
Depreciation
As at 1 February 2023 14,825 4,749 19,574
Provided during the period 11,119 1,556 12,675
As at 31 January 2024 25,944 6,305 32,249
Net Book Value
As at 31 January 2024 33,356 4,667 38,023
As at 1 February 2023 44,475 3,687 48,162
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 240,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 34,943 49,057
Accruals & deferred income (Current liabilities - creditors < 1 year) 5,000 5,000
Director's loan account 629 1,431
40,572 55,488
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,161 21,161
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 13,161 21,161
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 100,000 100,000
11. Ultimate Controlling Party
The company's ultimate controlling party is Dr Shanmuga Natarajan by virtue of his ownership of 100% of the issued share capital in the company.
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