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Company Registration No. 11488690 (England and Wales)
IHD Medical Ltd Filleted accounts for the year ended 31 July 2024
IHD Medical Ltd Filleted accounts Contents
Page
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IHD Medical Ltd Company Information for the year ended 31 July 2024
Director
Ismail Hassim Daya
Company Number
11488690 (England and Wales)
Registered Office
67 Kimberley Road Leicester LE2 1LN
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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IHD Medical Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
149,172 
85,000 
Current assets
Debtors
72,501 
54,001 
Cash at bank and in hand
8,456 
16,043 
80,957 
70,044 
Creditors: amounts falling due within one year
(53,314)
(61,278)
Net current assets
27,643 
8,766 
Total assets less current liabilities
176,815 
93,766 
Creditors: amounts falling due after more than one year
(23,727)
(28,890)
Net assets
153,088 
64,876 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
152,988 
64,776 
Shareholders' funds
153,088 
64,876 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 27 March 2025 and were signed on its behalf by
Ismail Hassim Daya Director Company Registration No. 11488690
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IHD Medical Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
IHD Medical Ltd is a private company, limited by shares, registered in England and Wales, registration number 11488690. The registered office is 67 Kimberley Road, Leicester, LE2 1LN.
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.
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.
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.
4
Investment property
2024 
£ 
Fair value at 1 August 2023
85,000 
Additions
64,172 
At 31 July 2024
149,172 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
8,001 
3,001 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
64,500 
51,000 
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IHD Medical Ltd Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
41,124 
30,699 
Other creditors
11,129 
29,543 
Accruals
1,061 
1,036 
53,314 
61,278 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,727 
28,890 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
99 Ordinary shares A of £1 each
99 
99 
1 Ordinary shares B of £1 each
1 
1 
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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