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Company Registration No. 04315433 (England and Wales)
LPC Medical (UK) Limited Unaudited accounts for the year ended 30 September 2024
LPC Medical (UK) Limited Unaudited accounts Contents
Page
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LPC Medical (UK) Limited Company Information for the year ended 30 September 2024
Directors
Amirali S Tejani Karim S Tejani Nazirali S Tejani Salimbhai SD Tejani Shirazali S Dharamshi Satnam S Butter
Secretary
Ian D Waring
Company Number
04315433 (England and Wales)
Registered Office
SNK Investments LLP 3 Nursery Court Kibworth Business Park Kibworth Leics LE8 0EX United Kingdom
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LPC Medical (UK) Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
37,742 
55,082 
Current assets
Debtors
8,227 
1,334 
Cash at bank and in hand
64,230 
41,766 
72,457 
43,100 
Creditors: amounts falling due within one year
(748,968)
(671,869)
Net current liabilities
(676,511)
(628,769)
Total assets less current liabilities
(638,769)
(573,687)
Creditors: amounts falling due after more than one year
(208,702)
(208,702)
Net liabilities
(847,471)
(782,389)
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
1,648,800 
1,648,800 
Profit and loss account
(2,497,271)
(2,432,189)
Shareholders' funds
(847,471)
(782,389)
For the year ending 30 September 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 6 March 2025 and were signed on its behalf by
Karim S Tejani Director Company Registration No. 04315433
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LPC Medical (UK) Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
LPC Medical (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 04315433. The registered office is SNK Investments LLP, 3 Nursery Court, Kibworth Business Park, Kibworth, Leics, LE8 0EX, United Kingdom.
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.
Intangible fixed assets
Intangible assets acquired separately from a business are recognised at cost and are subsequently measure at cost less accumulated amortisation and accumulated impairment losses Amortisation is recognised so as to write off the costs of assets over their residual values over their useful lives on the following bases: Patents & licences 5% straight line Intellectual Property 10% straight line
Tangible fixed assets
Tangible fixed assets are initially measured at historical cost less accumulative depreciation and any accumulative impairment losses. Depreciation is recognised to so as to write off the cost of assets , less estimated residual value, over its expected useful life, as follows: Computer Equipment 33% straight line The gain or loss arising on the disposal of an assets is determined as the difference comparing the sale proceeds and the carrying value of the asset , and is credited or charged to profit or loss.
Computer equipment
33% Straight Line
Going concern
The financial statements have been prepared on the going concern basis, notwithstanding net liabilities as 30 September 2024 of £ 847,471 ( 2023 ; £ 782,889 ). The company is dependant for its working capital on funds provided to it by the Tejani Family. The Tejani Family have provided the company with an undertaking that, for at least 12 months from the date of approval of the Financial Statements ,it will continue to make available such funds as are needed by the company .This should enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for payment.
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LPC Medical (UK) Limited Notes to the Accounts for the year ended 30 September 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2023
458,283 
At 30 September 2024
458,283 
Amortisation
At 1 October 2023
403,201 
Charge for the year
17,340 
At 30 September 2024
420,541 
Net book value
At 30 September 2024
37,742 
At 30 September 2023
55,082 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
2,222 
At 30 September 2024
2,222 
Depreciation
At 1 October 2023
2,222 
At 30 September 2024
2,222 
Net book value
At 30 September 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
127 
26 
Other debtors
8,100 
1,308 
8,227 
1,334 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
45,600 
3,000 
Amounts owed to group undertakings and other participating interests
595,924 
595,924 
Other creditors
37,418 
2,418 
Accruals
70,026 
70,527 
748,968 
671,869 
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LPC Medical (UK) Limited Notes to the Accounts for the year ended 30 September 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
208,702 
208,702 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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