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REGISTERED NUMBER: 07681409 (England and Wales)















The College of Phlebology Limited

Financial Statements for the Year Ended 30th June 2024






The College of Phlebology Limited (Registered number: 07681409)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The College of Phlebology Limited

Company Information
for the Year Ended 30th June 2024







DIRECTOR: Prof M S Whiteley





REGISTERED OFFICE: 1 Stirling House
Stirling Road
Guildford
Surrey
GU2 7RF





REGISTERED NUMBER: 07681409 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
The Engine House
77 Station Road
Petersfield
Hampshire
GU32 3FQ

The College of Phlebology Limited (Registered number: 07681409)

Balance Sheet
30th June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 11,921 10,797
Cash at bank 3,808 48,783
15,729 59,580
CREDITORS
Amounts falling due within one year 6 116,177 121,590
NET CURRENT LIABILITIES (100,448 ) (62,010 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(100,448

)

(62,010

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (100,449 ) (62,011 )
SHAREHOLDERS' FUNDS (100,448 ) (62,010 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

The College of Phlebology Limited (Registered number: 07681409)

Balance Sheet - continued
30th 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3rd March 2025 and were signed by:





Prof M S Whiteley - Director


The College of Phlebology Limited (Registered number: 07681409)

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


1. STATEMENT OF COMPLIANCE

The College of Phlebology Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 1 Stirling House, Stirling Road, Guildford, GU2 7RF. The registration number is 07681409.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

The director has confirmed that he will continue to support the company and to meet it's liabilities as they fall due and as such the accounts have been prepared on a going concern basis.

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 - Straight line over 3 years

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.


The College of Phlebology Limited (Registered number: 07681409)

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


2. ACCOUNTING POLICIES - continued
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 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st July 2023
and 30th June 2024 61,430
DEPRECIATION
At 1st July 2023
and 30th June 2024 61,430
NET BOOK VALUE
At 30th June 2024 -
At 30th June 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 869 306
Other debtors 2,477 2,477
Prepayments 8,575 8,014
11,921 10,797

The College of Phlebology Limited (Registered number: 07681409)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,654 12,389
Amounts owed to group undertakings 41,322 52,062
VAT 17,777 2,617
Other creditors 964 -
Directors' current accounts 36,197 36,197
Accruals and deferred income 3,263 18,325
116,177 121,590

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.