IRIS Accounts Production v24.2.0.383 07178821 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false Fair value model Ordinary 1.00000 "B" Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071788212023-06-30071788212024-06-30071788212023-07-012024-06-30071788212022-06-30071788212022-07-012023-06-30071788212023-06-3007178821ns15:EnglandWales2023-07-012024-06-3007178821ns14:PoundSterling2023-07-012024-06-3007178821ns10:Director12023-07-012024-06-3007178821ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3007178821ns10:SmallEntities2023-07-012024-06-3007178821ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3007178821ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3007178821ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3007178821ns10:FullAccounts2023-07-012024-06-3007178821ns10:OrdinaryShareClass12023-07-012024-06-3007178821ns10:OrdinaryShareClass22023-07-012024-06-3007178821ns10:Director22023-07-012024-06-3007178821ns10:Director32023-07-012024-06-3007178821ns10:CompanySecretary12023-07-012024-06-3007178821ns10:RegisteredOffice2023-07-012024-06-3007178821ns5:CurrentFinancialInstruments2024-06-3007178821ns5:CurrentFinancialInstruments2023-06-3007178821ns5:Non-currentFinancialInstruments2024-06-3007178821ns5:Non-currentFinancialInstruments2023-06-3007178821ns5:ShareCapital2024-06-3007178821ns5:ShareCapital2023-06-3007178821ns5:RetainedEarningsAccumulatedLosses2024-06-3007178821ns5:RetainedEarningsAccumulatedLosses2023-06-3007178821ns5:FurnitureFittings2023-06-3007178821ns5:FurnitureFittings2023-07-012024-06-3007178821ns5:FurnitureFittings2024-06-3007178821ns5:FurnitureFittings2023-06-3007178821ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3007178821ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3007178821ns10:OrdinaryShareClass12024-06-3007178821ns10:OrdinaryShareClass22024-06-3007178821ns10:Director222023-06-3007178821ns10:Director222022-06-3007178821ns10:Director222023-07-012024-06-3007178821ns10:Director222022-07-012023-06-3007178821ns10:Director222024-06-3007178821ns10:Director222023-06-30
REGISTERED NUMBER: 07178821 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Raj Medical Services Limited

Raj Medical Services Limited (Registered number: 07178821)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Raj Medical Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Dr P Raj
Dr K Raj
Dr A Raj





SECRETARY: Dr A Raj





REGISTERED OFFICE: Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingham
NG9 8AA





REGISTERED NUMBER: 07178821 (England and Wales)





ACCOUNTANTS: Haines Watts
Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingham
NG9 8AA

Raj Medical Services Limited (Registered number: 07178821)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 130 163
Investment property 5 153,073 159,663
153,203 159,826

CURRENT ASSETS
Debtors 6 26,846 34,119
Cash at bank 85,339 73,166
112,185 107,285
CREDITORS
Amounts falling due within one year 7 36,927 23,966
NET CURRENT ASSETS 75,258 83,319
TOTAL ASSETS LESS CURRENT
LIABILITIES

228,461

243,145

CREDITORS
Amounts falling due after more than one
year

8

12,242

22,440
NET ASSETS 216,219 220,705

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 216,019 220,505
SHAREHOLDERS' FUNDS 216,219 220,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Raj Medical Services Limited (Registered number: 07178821)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





Dr K Raj - Director


Raj Medical Services Limited (Registered number: 07178821)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Raj Medical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Raj Medical Services Limited (Registered number: 07178821)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 619
DEPRECIATION
At 1 July 2023 456
Charge for year 33
At 30 June 2024 489
NET BOOK VALUE
At 30 June 2024 130
At 30 June 2023 163

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 159,663
Additions 4,073
Revaluations (10,663 )
At 30 June 2024 153,073
NET BOOK VALUE
At 30 June 2024 153,073
At 30 June 2023 159,663

The company's investment property is carried at fair value. The property was revalued as of 30.06.2024, and the valuation resulted in a downward adjustment of £10,663, which has been recognized in the profit and loss account.
The fair value has been determined based on market evidence of recent prices for similar properties in the same location and condition. The property is now recorded at its fair value of £153,073.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 26,846 34,119

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 9,966 9,733
Trade creditors 258 -
Taxation and social security 24,124 11,690
Other creditors 2,579 2,543
36,927 23,966

Raj Medical Services Limited (Registered number: 07178821)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 12,242 22,440

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loan 12,207 17,173

The Bank loan is secured against the assets of the Company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100
100 "B" Ordinary £1 100 100
200 200

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Dr P Raj
Balance outstanding at start of year 34,119 39,558
Amounts advanced 26,428 34,119
Amounts repaid (34,310 ) (39,558 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,237 34,119