Miracle17 Limited 15101353 false 2023-08-29 2024-08-31 2024-08-31 The principal activity of the company is specialists medical practice activities. Digita Accounts Production Advanced 6.30.9574.0 true 15101353 2023-08-29 2024-08-31 15101353 2024-08-31 15101353 bus:Director1 2024-08-31 15101353 bus:OrdinaryShareClass1 2024-08-31 15101353 bus:OrdinaryShareClass2 2024-08-31 15101353 bus:OrdinaryShareClass3 2024-08-31 15101353 core:CurrentFinancialInstruments 2024-08-31 15101353 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 15101353 bus:SmallEntities 2023-08-29 2024-08-31 15101353 bus:AuditExemptWithAccountantsReport 2023-08-29 2024-08-31 15101353 bus:AbridgedAccounts 2023-08-29 2024-08-31 15101353 bus:SmallCompaniesRegimeForAccounts 2023-08-29 2024-08-31 15101353 bus:RegisteredOffice 2023-08-29 2024-08-31 15101353 bus:CompanySecretary1 2023-08-29 2024-08-31 15101353 bus:Director1 2023-08-29 2024-08-31 15101353 bus:OrdinaryShareClass1 2023-08-29 2024-08-31 15101353 bus:OrdinaryShareClass2 2023-08-29 2024-08-31 15101353 bus:OrdinaryShareClass3 2023-08-29 2024-08-31 15101353 bus:PrivateLimitedCompanyLtd 2023-08-29 2024-08-31 15101353 bus:Agent1 2023-08-29 2024-08-31 15101353 countries:EnglandWales 2023-08-29 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15101353

Miracle17 Limited

Annual Report and Unaudited Abridged Financial Statements

for the Period from 29 August 2023 to 31 August 2024

 

Miracle17 Limited

Contents

Company Information

1

Director's Report

2

Abridged Balance Sheet

3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Miracle17 Limited

Company Information

Director

V Lakshman

Company secretary

Dr P D Ganorkar

Registered office

Anglo House
Worcester Road
Stourport on Severn
DY13 9AW

Accountants

Perrigo Consultants Limited
Chartered Certified AccountantsAnglo House
Worcester Road
Stourport on Severn
DY13 9AW

 

Miracle17 Limited

Director's Report for the Period from 29 August 2023 to 31 August 2024

The director presents his report and the abridged financial statements for the period from 29 August 2023 to 31 August 2024.

Director of the company

The director who held office during the period was as follows:

V Lakshman (appointed 29 August 2023)

Principal activity

The principal activity of the company is specialists medical practice activities.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 6 May 2025
 

.........................................
V Lakshman
Director

 

Miracle17 Limited

(Registration number: 15101353)
Abridged Balance Sheet as at 31 August 2024

Note

2024
£

Current assets

 

Debtors

4

2,046

Cash at bank and in hand

 

9,084

 

11,130

Prepayments and accrued income

 

4,513

Creditors: Amounts falling due within one year

(4,267)

Total assets less current liabilities

 

11,376

Accruals and deferred income

 

(2,064)

Net assets

 

9,312

Capital and reserves

 

Called up share capital

5

120

Retained earnings

9,192

Shareholders' funds

 

9,312

For the financial period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 6 May 2025
 

.........................................
V Lakshman
Director

 

Miracle17 Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 29 August 2023 to 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Anglo House
Worcester Road
Stourport on Severn
DY13 9AW

These financial statements were authorised for issue by the director on 6 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Miracle17 Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 29 August 2023 to 31 August 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2.

4

Debtors

Debtors includes £Nil due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary A of £1 each

100

100

Ordinary B of £1 each

10

10

Ordinary C of £1 each

10

10

120

120

 

Miracle17 Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 29 August 2023 to 31 August 2024

6

Dividends

Interim dividends paid

2024
£

Interim dividend of £50.00 per each Ordinary B

500

Interim dividend of £850.00 per each Ordinary C

8,500

9,000