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Company Registration No. 09625230 (England and Wales)
Neuropain Limited Unaudited accounts for the year ended 30 June 2024
Neuropain Limited Unaudited accounts Contents
Page
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Neuropain Limited Company Information for the year ended 30 June 2024
Directors
Dr F Neirami Ms S Sotoudeh-Nya
Company Number
09625230 (England and Wales)
Registered Office
School Master's House College Street Petersfield GU31 4AG
Accountants
Newnham & Son Ltd School Master's House 39 College Street Petersfield Hampshire GU31 4AG
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Neuropain Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,870 
2,623 
Investment property
1,052,741 
1,052,741 
1,064,611 
1,055,364 
Current assets
Debtors
1,207,250 
1,251,132 
Cash at bank and in hand
1,184,812 
227,485 
2,392,062 
1,478,617 
Creditors: amounts falling due within one year
(545,158)
(392,881)
Net current assets
1,846,904 
1,085,736 
Total assets less current liabilities
2,911,515 
2,141,100 
Provisions for liabilities
Deferred tax
(53)
(53)
Net assets
2,911,462 
2,141,047 
Capital and reserves
Called up share capital
152 
152 
Revaluation reserve
100 
100 
Profit and loss account
2,911,210 
2,140,795 
Shareholders' funds
2,911,462 
2,141,047 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by
Dr F Neirami Director Company Registration No. 09625230
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Neuropain Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Neuropain Limited is a private company, limited by shares, registered in England and Wales, registration number 09625230. The registered office is School Master's House, College Street, Petersfield, GU31 4AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Neuropain Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
46,478 
Additions
12,293 
At 30 June 2024
58,771 
Depreciation
At 1 July 2023
43,855 
Charge for the year
3,046 
At 30 June 2024
46,901 
Net book value
At 30 June 2024
11,870 
At 30 June 2023
2,623 
5
Investment property
2024 
£ 
Fair value at 1 July 2023
1,052,741 
At 30 June 2024
1,052,741 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,074 
38,371 
Other debtors
1,200,176 
1,212,761 
1,207,250 
1,251,132 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
674 
Taxes and social security
292,679 
136,145 
Other creditors
240,237 
256,062 
Loans from directors
7,922 
- 
Accruals
4,320 
- 
545,158 
392,881 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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