IRIS Accounts Production v24.3.2.46 07387589 director 7.4.23 6.4.24 6.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073875892023-04-06073875892024-04-06073875892023-04-072024-04-06073875892022-04-06073875892022-04-072023-04-06073875892023-04-0607387589ns15:EnglandWales2023-04-072024-04-0607387589ns14:PoundSterling2023-04-072024-04-0607387589ns10:Director12023-04-072024-04-0607387589ns10:PrivateLimitedCompanyLtd2023-04-072024-04-0607387589ns10:SmallEntities2023-04-072024-04-0607387589ns10:AuditExempt-NoAccountantsReport2023-04-072024-04-0607387589ns10:SmallCompaniesRegimeForDirectorsReport2023-04-072024-04-0607387589ns10:SmallCompaniesRegimeForAccounts2023-04-072024-04-0607387589ns10:FullAccounts2023-04-072024-04-0607387589ns10:RegisteredOffice2023-04-072024-04-0607387589ns5:CurrentFinancialInstruments2024-04-0607387589ns5:CurrentFinancialInstruments2023-04-0607387589ns5:Non-currentFinancialInstruments2024-04-0607387589ns5:Non-currentFinancialInstruments2023-04-0607387589ns5:ShareCapital2024-04-0607387589ns5:ShareCapital2023-04-0607387589ns5:RetainedEarningsAccumulatedLosses2024-04-0607387589ns5:RetainedEarningsAccumulatedLosses2023-04-0607387589ns5:PlantMachinery2023-04-072024-04-0607387589ns5:MotorVehicles2023-04-072024-04-0607387589ns5:ComputerEquipment2023-04-072024-04-0607387589ns5:PlantMachinery2023-04-0607387589ns5:MotorVehicles2023-04-0607387589ns5:ComputerEquipment2023-04-0607387589ns5:PlantMachinery2024-04-0607387589ns5:MotorVehicles2024-04-0607387589ns5:ComputerEquipment2024-04-0607387589ns5:PlantMachinery2023-04-0607387589ns5:MotorVehicles2023-04-0607387589ns5:ComputerEquipment2023-04-0607387589ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-0607387589ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-0607387589ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-04-0607387589ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-04-06
REGISTERED NUMBER: 07387589 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 6 APRIL 2024

FOR

OCTAGON SURGERY LIMITED

OCTAGON SURGERY LIMITED (REGISTERED NUMBER: 07387589)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 6 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OCTAGON SURGERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 6 APRIL 2024







DIRECTOR: Mr A G K Li





REGISTERED OFFICE: Rex Buildings
Alderley Road
Wilmslow
Cheshire
SK9 1HY





REGISTERED NUMBER: 07387589 (England and Wales)

OCTAGON SURGERY LIMITED (REGISTERED NUMBER: 07387589)

BALANCE SHEET
6 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,279 95,040

CURRENT ASSETS
Debtors 5 260,322 737,990
Cash at bank 7,187 1,512
267,509 739,502
CREDITORS
Amounts falling due within one year 6 209,857 253,651
NET CURRENT ASSETS 57,652 485,851
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,931

580,891

CREDITORS
Amounts falling due after more than
one year

7

(72,028

)

(106,509

)

PROVISIONS FOR LIABILITIES (17,819 ) (18,057 )
NET ASSETS 39,084 456,325

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,984 456,225
39,084 456,325

OCTAGON SURGERY LIMITED (REGISTERED NUMBER: 07387589)

BALANCE SHEET - continued
6 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 6 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 6 April 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 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 director and authorised for issue on 13 March 2025 and were signed by:





Mr A G K Li - Director


OCTAGON SURGERY LIMITED (REGISTERED NUMBER: 07387589)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 6 APRIL 2024

1. STATUTORY INFORMATION

Octagon Surgery 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.

RELATED PARTY EXEMPTION
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.

TURNOVER
The turnover shown in the profit and loss account represents amounts earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

All fixed assets are initially recorded at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

OCTAGON SURGERY LIMITED (REGISTERED NUMBER: 07387589)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 6 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 7 April 2023
and 6 April 2024 1,000 125,574 4,756 131,330
DEPRECIATION
At 7 April 2023 786 31,394 4,110 36,290
Charge for year 32 23,545 184 23,761
At 6 April 2024 818 54,939 4,294 60,051
NET BOOK VALUE
At 6 April 2024 182 70,635 462 71,279
At 6 April 2023 214 94,180 646 95,040

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,450 63,948
Other debtors 164,324 164,324
Debtors 52,013 5,000
Directors' current accounts - 504,718
Prepayments and accrued income 2,535 -
260,322 737,990

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases 26,166 26,166
Tax 171,576 216,363
Directors' current accounts 3 -
Accrued expenses 12,112 11,122
209,857 253,651

OCTAGON SURGERY LIMITED (REGISTERED NUMBER: 07387589)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 6 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bounce Back Loan 21,667 30,192
Finance leases 50,361 76,317
72,028 106,509