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REGISTERED NUMBER: 09341945 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Arks Medical Services Limited

Arks Medical Services Limited (Registered number: 09341945)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arks Medical Services Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: A Sinha





REGISTERED OFFICE: 25 Manning Road
Bury St Edmunds
Suffolk
IP32 7GF





REGISTERED NUMBER: 09341945 (England and Wales)





ACCOUNTANTS: Palak Services Limited
80 Woodrush Way
Romford
Essex
RM6 5BL

Arks Medical Services Limited (Registered number: 09341945)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,111 -

CURRENT ASSETS
Debtors 5 9,644 4,571
Cash at bank 396,695 330,032
406,339 334,603
CREDITORS
Amounts falling due within one year 6 28,296 25,902
NET CURRENT ASSETS 378,043 308,701
TOTAL ASSETS LESS CURRENT
LIABILITIES

380,154

308,701

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 380,054 308,601
SHAREHOLDERS' FUNDS 380,154 308,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Arks Medical Services Limited (Registered number: 09341945)

Balance Sheet - continued
31 December 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:





A Sinha - Director


Arks Medical Services Limited (Registered number: 09341945)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Arks Medical Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The directors consider that the financial resources available to the Company are adequate to meet its operational needs for the foreseeable future or at least 12 months from the date of signature of these accounts. Accordingly, the going concern basis has been adopted in preparing these financial statements.

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 represents amounts receivable for fees in respect of treatment provided to the patients. Revenue is recognised upon completion of the treatment or in case of multiple stage treatment, upon completion of each stage of treatment.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.


Arks Medical Services Limited (Registered number: 09341945)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 775
Additions 2,198
Disposals (775 )
At 31 December 2024 2,198
DEPRECIATION
At 1 January 2024 775
Charge for year 87
Eliminated on disposal (775 )
At 31 December 2024 87
NET BOOK VALUE
At 31 December 2024 2,111

Arks Medical Services Limited (Registered number: 09341945)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 6,644 4,571
Other debtors 3,000 -
9,644 4,571

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 1 -
Tax 22,450 17,128
Directors' current accounts 4,595 2,197
Accrued expenses 1,250 6,577
28,296 25,902

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary 1 100 100

8. RESERVES
Retained
earnings
£   

At 1 January 2024 308,601
Profit for the year 71,453
At 31 December 2024 380,054

Arks Medical Services Limited (Registered number: 09341945)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
A Sinha
Balance outstanding at start of year (2,197 ) (18 )
Amounts advanced (2,398 ) -
Amounts repaid - (2,179 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,595 ) (2,197 )

10. RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £3,000 owed to the company by Ishani Colours Ltd, a company under common control.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Sinha.