Registered number
07682810
Amzaar Medical Limited
Filleted Accounts
30 June 2024
Amzaar Medical Limited
Registered number: 07682810
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 32,534 41,804
Investments 4 11,000 11,000
43,534 52,804
Current assets
Debtors 5 57,000 30
Cash at bank and in hand 27,579 140,939
84,579 140,969
Creditors: amounts falling due within one year 6 (53,756) (82,480)
Net current assets 30,823 58,489
Total assets less current liabilities 74,357 111,293
Provisions for liabilities (6,182) (7,943)
Net assets 68,175 103,350
Capital and reserves
Called up share capital 111 111
Profit and loss account 68,064 103,239
Shareholders' funds 68,175 103,350
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Y Soni
Director
Approved by the board on 28 February 2025
Amzaar Medical Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets as follows:
Plant and machinery 15% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. .
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 15,656 59,077 74,733
Additions 2,974 - 2,974
Disposals (3,988) - (3,988)
At 30 June 2024 14,642 59,077 73,719
Depreciation
At 1 July 2023 7,083 25,846 32,929
Charge for the year 1,644 8,308 9,952
On disposals (1,696) - (1,696)
At 30 June 2024 7,031 34,154 41,185
Net book value
At 30 June 2024 7,611 24,923 32,534
At 30 June 2023 8,573 33,231 41,804
4 Investments
Other
investments
£
Cost
At 1 July 2023 11,000
At 30 June 2024 11,000
5 Debtors 2024 2023
£ £
Trade debtors 45,000 -
Other debtors 12,000 30
57,000 30
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 2,627 1,184
Taxation and social security costs 50,218 80,000
Other creditors 911 1,296
53,756 82,480
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Y Soni
Directors loan account 908 (66,822) 66,461 547
F Soni
Directors loan account 388 (199,405) 199,381 364
1,296 (266,227) 265,842 911
8 Controlling party
The company was controlled by the directors.
9 Other information
Amzaar Medical Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 High Street
Stanley
Co Durham
DH9 0DQ
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