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REGISTERED NUMBER: 06944975












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Endovein Limited

Endovein Limited (Registered number: 06944975)






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


Endovein Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S.A. Ray
Mrs E J Ray





REGISTERED OFFICE: PB Associates
2 Castle Business Village
Station Road
Hampton
Middlesex
TW12 2BX





REGISTERED NUMBER: 06944975





ACCOUNTANTS: PB Associates
Chartered Accountants and Chartered Tax Advisers
2 Castle Business Village
Station Road
Hampton
Middlesex
TW12 2BX

Endovein Limited (Registered number: 06944975)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 33,917 46,145
Investments 4 270,668 295,738
Investment property 5 983,363 983,363
1,287,948 1,325,246

CURRENT ASSETS
Debtors 6 75,230 93,953
Cash at bank and in hand 662,414 321,870
737,644 415,823
CREDITORS
Amounts falling due within one year 7 243,426 60,960
NET CURRENT ASSETS 494,218 354,863
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,782,166

1,680,109

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,782,066 1,680,009
SHAREHOLDERS' FUNDS 1,782,166 1,680,109

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.

Endovein Limited (Registered number: 06944975)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





S.A. Ray - Director


Endovein Limited (Registered number: 06944975)

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

1. 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 as modified by the revaluation of certain assets.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Endovein Limited (Registered number: 06944975)

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

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 122,913
Disposals (922 )
At 31 March 2024 121,991
DEPRECIATION
At 1 April 2023 76,768
Charge for year 11,306
At 31 March 2024 88,074
NET BOOK VALUE
At 31 March 2024 33,917
At 31 March 2023 46,145

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 295,738
Disposals (25,070 )
At 31 March 2024 270,668
NET BOOK VALUE
At 31 March 2024 270,668
At 31 March 2023 295,738

Endovein Limited (Registered number: 06944975)

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

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2021 39,997
Valuation in 2024 (25,070 )
Cost 255,741
270,668

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 983,363
NET BOOK VALUE
At 31 March 2024 983,363
At 31 March 2023 983,363

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 18,723
Other debtors 75,230 75,230
75,230 93,953

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 10,144
Taxation and social security 43,952 27,292
Other creditors 199,474 23,524
243,426 60,960

Endovein Limited (Registered number: 06944975)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2023 1,680,009
Profit for the year 118,057
Dividends (16,000 )
At 31 March 2024 1,782,066