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REGISTERED NUMBER: 05487542 (England and Wales)















Davis Heart Limited

Unaudited Financial Statements

for the Period 1 August 2023 to 30 July 2024






Davis Heart Limited (Registered number: 05487542)






Contents of the Financial Statements
for the Period 1 August 2023 to 30 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Davis Heart Limited

Company Information
for the Period 1 August 2023 to 30 July 2024







Director: Gershan Keith Davis





Registered office: Aberdeen House
1 Hillside Avenue
Blackrod
Bolton
Greater Manchester
BL6 5BS





Registered number: 05487542 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
Greater Manchester
BL6 7BY

Davis Heart Limited (Registered number: 05487542)

Statement of Financial Position
30 July 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 366 457

Current assets
Debtors 5 10,922 472
Cash at bank 19,514 14,873
30,436 15,345
Creditors
Amounts falling due within one year 6 22,618 3,861
Net current assets 7,818 11,484
Total assets less current liabilities 8,184 11,941

Provisions for liabilities 7 - 87
Net assets 8,184 11,854

Capital and reserves
Called up share capital 8 100 100
Retained earnings 8,084 11,754
Shareholders' funds 8,184 11,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Davis Heart Limited (Registered number: 05487542)

Statement of Financial Position - continued
30 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2025 and were signed by:





Gershan Keith Davis - Director


Davis Heart Limited (Registered number: 05487542)

Notes to the Financial Statements
for the Period 1 August 2023 to 30 July 2024

1. Statutory information

Davis Heart Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Turnover
Turnover is measured at the fair value of the consideration received for freelance medical lecturing and cardiology services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting period . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current period.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period end and that are expected to apply to the reversal of the timing difference.

Davis Heart Limited (Registered number: 05487542)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 30 July 2024

2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
UK GAAP expectation is that the director will prepare the financial statements on the basis of the going concern concept unless that basis is not appropriate. The company ceased to trade on 30th July 2024. Therefore the financial statements have not been prepared on the basis of the going concern concept.

3. Employees and directors

The average number of employees during the period was 1 (2023 - 1 ) .

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1 August 2023
and 30 July 2024 9,776
Depreciation
At 1 August 2023 9,319
Charge for period 91
At 30 July 2024 9,410
Net book value
At 30 July 2024 366
At 31 July 2023 457

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 5,974 -
Other debtors 4,948 472
10,922 472

Davis Heart Limited (Registered number: 05487542)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 30 July 2024

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 1,447 524
Taxation and social security - 1,345
Other creditors 21,171 1,992
22,618 3,861

7. Provisions for liabilities
2024 2023
£    £   
Deferred tax - 87

Deferred
tax
£   
Balance at 1 August 2023 87
Credit to Statement of Income and Retained Earnings during period (87 )
Balance at 30 July 2024 -

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100