Ratladi Medical Services Limited 08464283 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Doctor Digita Accounts Production Advanced 6.30.9574.0 true 08464283 2023-04-01 2024-03-31 08464283 2024-03-31 08464283 core:RetainedEarningsAccumulatedLosses 2024-03-31 08464283 core:ShareCapital 2024-03-31 08464283 core:CurrentFinancialInstruments 2024-03-31 08464283 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08464283 core:FurnitureFittingsToolsEquipment 2024-03-31 08464283 bus:SmallEntities 2023-04-01 2024-03-31 08464283 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08464283 bus:FullAccounts 2023-04-01 2024-03-31 08464283 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08464283 bus:Director2 2023-04-01 2024-03-31 08464283 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08464283 core:FurnitureFittings 2023-04-01 2024-03-31 08464283 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 08464283 countries:AllCountries 2023-04-01 2024-03-31 08464283 2023-03-31 08464283 core:FurnitureFittingsToolsEquipment 2023-03-31 08464283 2022-04-01 2023-03-31 08464283 2023-03-31 08464283 core:RetainedEarningsAccumulatedLosses 2023-03-31 08464283 core:ShareCapital 2023-03-31 08464283 core:CurrentFinancialInstruments 2023-03-31 08464283 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08464283 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08464283

Ratladi Medical Services Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024
 

 

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

(Registration number: 08464283)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

1,417

2,516

Current assets

 

Debtors

4

5,100

12,899

Cash at bank and in hand

 

86,545

66,599

 

91,645

79,498

Creditors: Amounts falling due within one year

5

(29,542)

(27,568)

Net current assets

 

62,103

51,930

Total assets less current liabilities

 

63,520

54,446

Provisions for liabilities

(269)

(478)

Net assets

 

63,251

53,968

Capital and reserves

 

Called up share capital

10

10

Retained earnings

63,241

53,958

Shareholders' funds

 

63,251

53,968

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 and the option not to file the Profit and Loss Account and Directors' report has been taken.

Approved and authorised by the Board on 22 October 2024 and signed on its behalf by:
 

.........................................
Dr T Ratladi
Director

 

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

1

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

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 and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense .

The current 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

 

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

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, fittings and computer equipment

25% reducing balance/straight line over 3 years

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.

2

Staff numbers

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

 

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

3

Tangible assets

Fixtures, fittings and computer equipment
 £

Total
£

Cost or valuation

At 1 April 2023

8,005

8,005

Disposals

(3,856)

(3,856)

At 31 March 2024

4,149

4,149

Depreciation

At 1 April 2023

5,489

5,489

Charge for the year

1,021

1,021

Eliminated on disposal

(3,778)

(3,778)

At 31 March 2024

2,732

2,732

Carrying amount

At 31 March 2024

1,417

1,417

At 31 March 2023

2,516

2,516

4

Debtors

Current

2024
£

2023
£

Trade debtors

5,100

11,400

Other debtors

-

1,499

 

5,100

12,899

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Taxation and social security

 

485

415

Other creditors

 

29,057

27,153

 

29,542

27,568