IRIS Accounts Production v24.3.0.553 07629051 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false A 1.00000 B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076290512023-03-31076290512024-03-31076290512023-04-012024-03-31076290512022-03-31076290512022-04-012023-03-31076290512023-03-3107629051ns15:EnglandWales2023-04-012024-03-3107629051ns14:PoundSterling2023-04-012024-03-3107629051ns10:Director12023-04-012024-03-3107629051ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107629051ns10:SmallEntities2023-04-012024-03-3107629051ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107629051ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107629051ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107629051ns10:FullAccounts2023-04-012024-03-3107629051ns10:OrdinaryShareClass12023-04-012024-03-3107629051ns10:OrdinaryShareClass22023-04-012024-03-3107629051ns10:Director22023-04-012024-03-3107629051ns10:RegisteredOffice2023-04-012024-03-3107629051ns5:CurrentFinancialInstruments2024-03-3107629051ns5:CurrentFinancialInstruments2023-03-3107629051ns5:Non-currentFinancialInstruments2024-03-3107629051ns5:Non-currentFinancialInstruments2023-03-3107629051ns5:ShareCapital2024-03-3107629051ns5:ShareCapital2023-03-3107629051ns5:RetainedEarningsAccumulatedLosses2024-03-3107629051ns5:RetainedEarningsAccumulatedLosses2023-03-3107629051ns5:PlantMachinery2023-04-012024-03-3107629051ns5:FurnitureFittings2023-04-012024-03-3107629051ns5:ComputerEquipment2023-04-012024-03-3107629051ns5:LeaseholdImprovements2023-03-3107629051ns5:PlantMachinery2023-03-3107629051ns5:FurnitureFittings2023-03-3107629051ns5:ComputerEquipment2023-03-3107629051ns5:LeaseholdImprovements2023-04-012024-03-3107629051ns5:LeaseholdImprovements2024-03-3107629051ns5:PlantMachinery2024-03-3107629051ns5:FurnitureFittings2024-03-3107629051ns5:ComputerEquipment2024-03-3107629051ns5:LeaseholdImprovements2023-03-3107629051ns5:PlantMachinery2023-03-3107629051ns5:FurnitureFittings2023-03-3107629051ns5:ComputerEquipment2023-03-3107629051ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107629051ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107629051ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3107629051ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3107629051ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3107629051ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3107629051ns10:OrdinaryShareClass12024-03-3107629051ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 07629051 (England and Wales)














Financial Statements

for the Year Ended 31 March 2024

for

Dr Maassarani & Partners Ltd

Dr Maassarani & Partners Ltd (Registered number: 07629051)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dr Maassarani & Partners Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Dr F Maassarani
Dr C Kenny





REGISTERED OFFICE: Oriel House
2 - 8 Oriel Road
Bootle
Merseyside
L20 7EP





REGISTERED NUMBER: 07629051 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Dr Maassarani & Partners Ltd (Registered number: 07629051)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,640 79,793

CURRENT ASSETS
Debtors 5 374,594 375,950
Cash at bank 275,356 274,955
649,950 650,905
CREDITORS
Amounts falling due within one year 6 485,593 331,455
NET CURRENT ASSETS 164,357 319,450
TOTAL ASSETS LESS CURRENT LIABILITIES 244,997 399,243

CREDITORS
Amounts falling due after more than one year 7 (11,689 ) (21,979 )

PROVISIONS FOR LIABILITIES (18,558 ) (13,675 )
NET ASSETS 214,750 363,589

CAPITAL AND RESERVES
Called up share capital 8 126 126
Retained earnings 214,624 363,463
SHAREHOLDERS' FUNDS 214,750 363,589

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 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.

Dr Maassarani & Partners Ltd (Registered number: 07629051)

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 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 21 November 2024 and were signed on its behalf by:





Dr F Maassarani - Director


Dr Maassarani & Partners Ltd (Registered number: 07629051)

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


1. STATUTORY INFORMATION

Dr Maassarani & Partners 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.

Turnover comprises the fair value of the consideration received or receivable for the sale of services in the ordinary course of the companies activities. Sales are presented net of rebates and discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

Dr Maassarani & Partners Ltd (Registered number: 07629051)

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


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 83,255 10,735 64,579 2,857 161,426
Additions 7,179 - - 5,273 12,452
At 31 March 2024 90,434 10,735 64,579 8,130 173,878
DEPRECIATION
At 1 April 2023 6,469 10,735 63,195 1,234 81,633
Charge for year 8,449 - 1,320 1,836 11,605
At 31 March 2024 14,918 10,735 64,515 3,070 93,238
NET BOOK VALUE
At 31 March 2024 75,516 - 64 5,060 80,640
At 31 March 2023 76,786 - 1,384 1,623 79,793

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 75,601 20,472
Other debtors 270,502 347,126
Prepayments and accrued income 28,491 8,352
374,594 375,950

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,811 10,521
Trade creditors 131,062 33,929
Tax 83,965 78,926
Social security and other taxes 18,577 9,028
Other creditors 171,690 71,690
Pensions (14,969 ) -
Directors' current accounts 7,096 -
Accrued expenses 77,361 127,361
485,593 331,455

Dr Maassarani & Partners Ltd (Registered number: 07629051)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 11,689 21,041
Bank loans - 2-5 years - 938
11,689 21,979

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
101 A 1 101 101
25 B 1 25 25
126 126