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REGISTERED NUMBER: 06172263 (England and Wales)



Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Clifford Mby Ltd

Clifford Mby Ltd (Registered number: 06172263)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 5

Certified Accountants' Report 8

Clifford Mby Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Dr Christian Mbonu Okoli





SECRETARY: Mrs Adaeze Okoli





REGISTERED OFFICE: 9 Greenacre Park
Low Fell
Gateshead
Tyne and Wear
NE9 6HF





REGISTERED NUMBER: 06172263 (England and Wales)





ACCOUNTANTS: Krypton Consulting Ltd
Chartered Certified Accountants & Tax Advisers
Unit 6
Town Quay Wharf
Barking
Essex
IG11 7BZ

Clifford Mby Ltd (Registered number: 06172263)

Report of the Director
for the Year Ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the provision of medical services, and other healthcare related activities, as well other viable business activities including stock market activities.

REVIEW OF BUSINESS
Clifford Mby Limited was incorporated on the 20 March 2007 with aim of providing medical and healthcare services, as well as other viable business venture.

This is the 10th year of business and we have continued to run a viable business despite the economic downtown. Our achievement in this business can be attributed to God, our consistent and able secretary and also our professional adviser Krypton Consulting Ltd.

Our manging director, Dr Christian Okoli, is still working in a substantive position within the NHS, and there are plans to launch new and innovative products that will bring about the growth of our business in the private sector-dominated UK Healthcare business.

We continued to develop our interests in the field of Forensic Medicine, and have started to take on more specialist lead in this field. The company's plan to expand into the secure supported accommodation activities to support mentally disordered patients in the South of Tyne area of in the North East of England remains very active.

DIRECTOR
Dr Christian Mbonu Okoli held office during the whole of the period from 1 April 2023 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

31.3.24 1.4.23
Ordinary shares of £1 each 551 551

He did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr Christian Mbonu Okoli - Director


13 May 2024

Clifford Mby Ltd (Registered number: 06172263)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Other Investments 5 34,824 34,824
34,824 34,824

CURRENT ASSETS
Cash at bank 63,713 34,648

CREDITORS
Amounts falling due within one year 6 22,707 20,391
NET CURRENT ASSETS 41,006 14,257
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,830

49,081

CREDITORS
Amounts falling due after more than one year 7 (3,198 ) (4,910 )

ACCRUALS AND DEFERRED INCOME (15,878 ) -
NET ASSETS 56,754 44,171

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 8 55,754 43,171
SHAREHOLDERS' FUNDS 56,754 44,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Clifford Mby Ltd (Registered number: 06172263)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2024 and were signed by:





Dr Christian Mbonu Okoli - Director


Clifford Mby Ltd (Registered number: 06172263)

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

1. STATUTORY INFORMATION

Clifford Mby Ltd 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 1 (2023 - 1 ) .

Clifford Mby Ltd (Registered number: 06172263)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 4,120
DEPRECIATION
At 1 April 2023
and 31 March 2024 4,120
NET BOOK VALUE
At 31 March 2024 -

5. FIXED ASSET INVESTMENTS
Own
shares
£   
COST
At 1 April 2023
and 31 March 2024 34,824
NET BOOK VALUE
At 31 March 2024 34,824
At 31 March 2023 34,824

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2,237 2,020
Corporation Tax 2,951 852
Accrued expenses 17,519 17,519
22,707 20,391

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Loans 3,198 4,910

Clifford Mby Ltd (Registered number: 06172263)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 43,171
Profit for the year 12,583
At 31 March 2024 55,754

Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Clifford Mby Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clifford Mby Ltd for the year ended 31 March 2024 which comprise the Income Statement, 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/rulebook.

This report is made solely to the director of Clifford Mby Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clifford Mby Ltd and state those matters that we have agreed to state to the director of Clifford Mby Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Clifford Mby Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clifford Mby Ltd. You consider that Clifford Mby 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 financial statements of Clifford Mby 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 statutory financial statements.






Krypton Consulting Ltd
Chartered Certified Accountants & Tax Advisers
Unit 6
Town Quay Wharf
Barking
Essex
IG11 7BZ


13 May 2024