Worcester ENT Ltd 07975918 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of provision of medical services Digita Accounts Production Advanced 6.30.9574.0 true true 07975918 2023-04-01 2024-03-31 07975918 2024-03-31 07975918 core:RetainedEarningsAccumulatedLosses 2024-03-31 07975918 core:ShareCapital 2024-03-31 07975918 core:CurrentFinancialInstruments 2024-03-31 07975918 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07975918 core:FurnitureFittingsToolsEquipment 2024-03-31 07975918 bus:SmallEntities 2023-04-01 2024-03-31 07975918 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07975918 bus:FilletedAccounts 2023-04-01 2024-03-31 07975918 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07975918 bus:RegisteredOffice 2023-04-01 2024-03-31 07975918 bus:Director1 2023-04-01 2024-03-31 07975918 bus:Director2 2023-04-01 2024-03-31 07975918 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07975918 core:ComputerEquipment 2023-04-01 2024-03-31 07975918 core:FurnitureFittings 2023-04-01 2024-03-31 07975918 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 07975918 countries:UnitedKingdom 2023-04-01 2024-03-31 07975918 2023-03-31 07975918 core:FurnitureFittingsToolsEquipment 2023-03-31 07975918 2022-04-01 2023-03-31 07975918 2023-03-31 07975918 core:RetainedEarningsAccumulatedLosses 2023-03-31 07975918 core:ShareCapital 2023-03-31 07975918 core:CurrentFinancialInstruments 2023-03-31 07975918 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07975918 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07975918

Worcester ENT Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Worcester ENT Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Worcester ENT Ltd

Company Information

Directors

Mr L J Hollis

Mrs A C Hollis

Registered office

11c Oakmoore Court
Kingswood Road
Hampton Lovett
Droitwich
Worcs
WR9 0QH

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

Worcester ENT Ltd

(Registration number: 07975918)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5,969

7,272

Current assets

 

Debtors

5

11,540

20,193

Cash at bank and in hand

 

284,402

211,941

 

295,942

232,134

Creditors: Amounts falling due within one year

6

(45,986)

(37,203)

Net current assets

 

249,956

194,931

Net assets

 

255,925

202,203

Capital and reserves

 

Called up share capital

100

100

Retained earnings

255,825

202,103

Shareholders' funds

 

255,925

202,203

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 October 2024 and signed on its behalf by:
 

.........................................
Mr L J Hollis
Director

.........................................
Mrs A C Hollis
Director

 
     
 

Worcester ENT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
11c Oakmoore Court
Kingswood Road
Hampton Lovett
Droitwich
Worcs
WR9 0QH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Worcester ENT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% on reducing balance

Computer equipment

33.3% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Worcester ENT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 3).

 

Worcester ENT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

22,418

22,418

Additions

887

887

At 31 March 2024

23,305

23,305

Depreciation

At 1 April 2023

15,146

15,146

Charge for the year

2,190

2,190

At 31 March 2024

17,336

17,336

Carrying amount

At 31 March 2024

5,969

5,969

At 31 March 2023

7,272

7,272

5

Debtors

Current

2024
£

2023
£

Trade debtors

3,761

7,563

Prepayments

1,002

1,612

Other debtors

6,777

11,018

 

11,540

20,193

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

329

335

Taxation and social security

44,301

35,512

Accruals and deferred income

1,356

1,356

45,986

37,203