Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09973275 Dr Jonathan Bull iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09973275 2023-01-31 09973275 2024-01-31 09973275 2023-02-01 2024-01-31 09973275 frs-core:CurrentFinancialInstruments 2024-01-31 09973275 frs-core:Non-currentFinancialInstruments 2024-01-31 09973275 frs-core:ComputerEquipment 2024-01-31 09973275 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09973275 frs-core:ComputerEquipment 2023-01-31 09973275 frs-core:ShareCapital 2024-01-31 09973275 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09973275 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09973275 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09973275 frs-bus:SmallEntities 2023-02-01 2024-01-31 09973275 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09973275 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09973275 frs-core:CostValuation 2023-01-31 09973275 frs-core:CostValuation 2024-01-31 09973275 frs-core:ProvisionsForImpairmentInvestments 2023-01-31 09973275 frs-core:ProvisionsForImpairmentInvestments 2024-01-31 09973275 frs-core:ListedExchangeTraded 2024-01-31 09973275 frs-core:ListedExchangeTraded 2023-01-31 09973275 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-01-31 09973275 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-01-31 09973275 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-01-31 09973275 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-01-31 09973275 frs-bus:Director1 2023-02-01 2024-01-31 09973275 frs-bus:Director1 2023-01-31 09973275 frs-bus:Director1 2024-01-31 09973275 frs-countries:EnglandWales 2023-02-01 2024-01-31 09973275 2022-01-31 09973275 2023-01-31 09973275 2022-02-01 2023-01-31 09973275 frs-core:CurrentFinancialInstruments 2023-01-31 09973275 frs-core:Non-currentFinancialInstruments 2023-01-31 09973275 frs-core:ShareCapital 2023-01-31 09973275 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09973275
Spinal Neurosurgery Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09973275
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,397 6,094
Investments 5 43,502 43,502
47,899 49,596
CURRENT ASSETS
Debtors 6 175,511 96,033
Cash at bank and in hand 127,306 143,608
302,817 239,641
Creditors: Amounts Falling Due Within One Year 7 (197,790 ) (156,124 )
NET CURRENT ASSETS (LIABILITIES) 105,027 83,517
TOTAL ASSETS LESS CURRENT LIABILITIES 152,926 133,113
Creditors: Amounts Falling Due After More Than One Year 8 (15,000 ) (25,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (983 ) (1,306 )
NET ASSETS 136,943 106,807
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 136,941 106,805
SHAREHOLDERS' FUNDS 136,943 106,807
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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
Dr Jonathan Bull
Director
28 October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Spinal Neurosurgery Limited Registered number 09973275 is a limited by shares company incorporated in England & Wales. The Registered Office is 4 Gold Tops , Newport, NP20 4PG.
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.
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:
Computer Equipment 25% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 9,382
Additions 1,897
Disposals (1,666 )
As at 31 January 2024 9,613
Depreciation
As at 1 February 2023 3,288
Provided during the period 2,136
Disposals (208 )
As at 31 January 2024 5,216
Net Book Value
As at 31 January 2024 4,397
As at 1 February 2023 6,094
5. Investments
Listed Other Total
£ £ £
Cost
As at 1 February 2023 1,779 41,723 43,502
As at 31 January 2024 1,779 41,723 43,502
Provision
As at 1 February 2023 - - -
As at 31 January 2024 - - -
Net Book Value
As at 31 January 2024 1,779 41,723 43,502
As at 1 February 2023 1,779 41,723 43,502
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 44,150 37,683
Other debtors 111,714 58,350
155,864 96,033
Due after more than one year
Other debtors 19,647 -
175,511 96,033
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,900 4,396
Bank loans and overdrafts 10,001 10,001
Other creditors 107,647 132,757
Taxation and social security 62,242 8,970
197,790 156,124
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,000 25,000
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Dr Jonathan Bull 58,350 147,916 (94,552 ) - 111,713
The above loan was interest free and repayable on demand.
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