Acorah Software Products - Accounts Production 16.0.110 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11279234 Mrs Maryam Hassan Ghalyaie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11279234 2023-08-31 11279234 2024-08-31 11279234 2023-09-01 2024-08-31 11279234 frs-core:CurrentFinancialInstruments 2024-08-31 11279234 frs-core:Non-currentFinancialInstruments 2024-08-31 11279234 frs-core:ComputerEquipment 2024-08-31 11279234 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11279234 frs-core:ComputerEquipment 2023-08-31 11279234 frs-core:ShareCapital 2024-08-31 11279234 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11279234 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11279234 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11279234 frs-bus:SmallEntities 2023-09-01 2024-08-31 11279234 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 11279234 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11279234 frs-bus:Director1 2023-09-01 2024-08-31 11279234 frs-countries:EnglandWales 2023-09-01 2024-08-31 11279234 2022-08-31 11279234 2023-08-31 11279234 2022-09-01 2023-08-31 11279234 frs-core:CurrentFinancialInstruments 2023-08-31 11279234 frs-core:Non-currentFinancialInstruments 2023-08-31 11279234 frs-core:ShareCapital 2023-08-31 11279234 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11279234
Clinic Supply Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Clinic Supply Ltd for the year ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clinic Supply Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Clinic Supply Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Clinic Supply Ltd and state those matters that we have agreed to state to the director of Clinic Supply Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clinic Supply Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Clinic Supply Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Clinic Supply Ltd . You consider that Clinic Supply Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Clinic Supply Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Anderson Ross Accounting & Tax Ltd
24 October 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Page 1
Page 2
Balance Sheet
Registered number: 11279234
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 358 478
358 478
CURRENT ASSETS
Stocks 5 30,936 35,267
Debtors 6 53,954 148,085
Cash at bank and in hand 120,125 16,822
205,015 200,174
Creditors: Amounts Falling Due Within One Year 7 (3,448 ) (3,462 )
NET CURRENT ASSETS (LIABILITIES) 201,567 196,712
TOTAL ASSETS LESS CURRENT LIABILITIES 201,925 197,190
Creditors: Amounts Falling Due After More Than One Year 8 (201,465 ) (205,465 )
NET ASSETS/(LIABILITIES) 460 (8,275 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 360 (8,375 )
SHAREHOLDERS' FUNDS 460 (8,275)
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For the year ending 31 August 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 her 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
Mrs Maryam Hassan Ghalyaie
Director
24 October 2024
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Clinic Supply Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11279234 . The registered office is 9 Aylmer Road, London, N2 0BS.
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. Going Concern Disclosure
The accounts have been prepared on the Going Concern basis as the director Maryam Hassan Ghalyaie, has undertaken to continue supporting the company through the aforementioned long term unsecured directors' loan amounting to £200,445. This will enable the company to operate as a going concern for the foreseeable future.
2.3. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. 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:
Computer Equipment 25% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 1,315
As at 31 August 2024 1,315
Depreciation
As at 1 September 2023 837
Provided during the period 120
As at 31 August 2024 957
Net Book Value
As at 31 August 2024 358
As at 1 September 2023 478
5. Stocks
2024 2023
£ £
Finished goods 30,936 35,267
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 340 104,585
Prepayments and accrued income 52,738 43,500
Other taxes and social security 876 -
53,954 148,085
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,889 1,955
Other creditors 179 127
Accruals and deferred income 1,380 1,380
3,448 3,462
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 201,465 205,465
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Included in creditors falling due within one year is an amount of £201,465 (2023: £205,465) payable to the director. The loan is interest free. Such loan is subordinated to all other liabilities of the company and intended to remain in the business for the forseeable future.
This investment has been made in Maryam's own name and reflects £188,000 invested between 1 April 2021 and 31 August 2022, with £12,445 having been invested in the other accounting periods.
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