Har Sewa Medical Trust Ltd |
Notes to the Accounts |
for the year ended 31 July 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Resources expended |
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Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
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Company status |
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The company is limited by guarantee. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Foreign currency translation |
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Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
0 |
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0 |
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3 |
Other information |
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Har Sewa Medical Trust Ltd is a company limited by gurantee and incorporated in England. Its registered office is: |
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49 Burch Road |
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Northfleet |
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Gravesend |
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Kent |
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DA11 9NE |