2023-04-01 2024-03-31 false Capium Accounts Production 1.1 12693807 2023-04-01 2024-03-31 12693807 bus:AbridgedAccounts 2023-04-01 2024-03-31 12693807 bus:FRS102 2023-04-01 2024-03-31 12693807 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12693807 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12693807 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12693807 2023-04-01 2024-03-31 12693807 2024-03-31 12693807 bus:RegisteredOffice 2023-04-01 2024-03-31 12693807 core:WithinOneYear 2024-03-31 12693807 core:AfterOneYear 2024-03-31 12693807 1 2023-04-01 2024-03-31 12693807 bus:Director1 2023-04-01 2024-03-31 12693807 bus:Director1 2024-03-31 12693807 bus:Director1 2021-12-01 2023-03-31 12693807 bus:Director2 2023-04-01 2024-03-31 12693807 bus:Director2 2024-03-31 12693807 bus:Director2 2021-12-01 2023-03-31 12693807 2021-12-01 12693807 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 12693807 2021-12-01 2023-03-31 12693807 2023-03-31 12693807 core:WithinOneYear 2023-03-31 12693807 core:AfterOneYear 2023-03-31 12693807 bus:EntityAccountantsOrAuditors 2021-12-01 2023-03-31 12693807 core:PlantMachinery 2023-04-01 2024-03-31 12693807 core:PlantMachinery 2024-03-31 12693807 core:PlantMachinery 2023-03-31 12693807 core:FurnitureFittings 2023-04-01 2024-03-31 12693807 core:FurnitureFittings 2024-03-31 12693807 core:FurnitureFittings 2023-03-31 12693807 core:ComputerEquipment 2023-04-01 2024-03-31 12693807 core:ComputerEquipment 2024-03-31 12693807 core:ComputerEquipment 2023-03-31 12693807 core:LandBuildings 2023-04-01 2024-03-31 12693807 core:LandBuildings 2024-03-31 12693807 core:LandBuildings 2023-03-31 12693807 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 12693807 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 12693807 core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 12693807 core:OtherResidualIntangibleAssets 2024-03-31 12693807 core:OtherResidualIntangibleAssets 2023-03-31 12693807 core:NetGoodwill 2023-04-01 2024-03-31 12693807 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 12693807 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 12693807 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 12693807 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 12693807 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 12693807 core:Non-currentFinancialInstruments 2024-03-31 12693807 core:Non-currentFinancialInstruments 2023-03-31 12693807 core:SharePremium 2024-03-31 12693807 core:SharePremium 2023-03-31 12693807 core:RetainedEarningsAccumulatedLosses 2024-03-31 12693807 core:RetainedEarningsAccumulatedLosses 2023-03-31 12693807 dpl:Item1 2023-04-01 12693807 dpl:Item1 2024-03-31 12693807 dpl:Item1 2021-12-01 12693807 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12693807
England and Wales

 

 

 

SIKDAR MEDICAL LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 12,131    14,798 
Tangible fixed assets 4 311,535    304,854 
Investments 5 1,500,478    1,187,680 
1,824,144    1,507,332 
Current assets      
Stocks 192,090    100,090 
Debtors 410,682    239,289 
Cash at bank and in hand 48,518    20,080 
651,290    359,459 
Creditors: amount falling due within one year (1,685,206)   (317,695)
Net current assets (1,033,916)   41,764 
 
Total assets less current liabilities 790,228    1,549,096 
Creditors: amount falling due after more than one year (346,763)   (1,315,120)
Net assets 443,465    233,976 
 

Capital and reserves
     
Share premium account 188,579   
Other Comprehensive Income 208,878    208,878 
Profit and loss account 46,008    25,098 
Shareholders' funds 443,465    233,976 
 


For the year ended 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:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 January 2025 and were signed on its behalf by:


-------------------------------
Soumick Sikdar
Director
1
General Information
SIKDAR MEDICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12693807, registration address 3 Campbell Court, Bramley, Tadley, RG26 5EG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Software License
Software License is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the Software License of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 10 Straight Line
Plant and Machinery 10 Straight Line
Fixtures and Fittings 3 Straight Line
Computer Equipment 5 Straight Line
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 11 (2023 : 1).
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 April 2023 15,049    15,049 
Additions  
Disposals  
At 31 March 2024 15,049    15,049 
Amortisation
At 01 April 2023 251    251 
Charge for year 2,667    2,667 
On disposals  
At 31 March 2024 2,918    2,918 
Net book values
At 31 March 2024 12,131    12,131 
At 31 March 2023 14,798    14,798 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Land and Buildings   Total
  £   £   £   £   £
At 01 April 2023   7,159    1,029    300,000    308,188 
Additions     7,500      7,500 
Disposals        
At 31 March 2024   7,159    8,529    300,000    315,688 
Depreciation
At 01 April 2023   2,648    686      3,334 
Charge for year 819          819 
On disposals        
At 31 March 2024 819    2,648    686      4,153 
Net book values
Closing balance as at 31 March 2024 (819)   4,511    7,843    300,000    311,535 
Opening balance as at 01 April 2023   4,511    343    300,000    304,854 

The net book value of Land and Buildings includes £ 300,000 (2023 £300,000) in respect of assets leased under finance leases or hire purchase contracts.

5.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 April 2023  
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 March 2024  

6.

Other Comprehensive Income

2024
£
  2023
£
Revaluation Reserve 208,878    208,878 
208,878    208,878 

2