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Company Registration No. 12178713 (England and Wales)
ARA MEDICAL LIMITED Unaudited accounts for the year ended 31 August 2024
ARA MEDICAL LIMITED Unaudited accounts Contents
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ARA MEDICAL LIMITED Company Information for the year ended 31 August 2024
Directors
Abdulrahman Abdulfattah ABED Alice ABED
Company Number
12178713 (England and Wales)
Registered Office
7 Manor Rise Bearsted Maidstone ME14 4DB United Kingdom
Accountants
VSCT Tax Consultancy Ltd Chartered Certified Accountants and Tax Advisers 406 Brighton Road South Croydon CR2 6AN
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ARA MEDICAL LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,150 
35,512 
Current assets
Debtors
72,595 
51,595 
Cash at bank and in hand
15,725 
4,537 
88,320 
56,132 
Creditors: amounts falling due within one year
(15,739)
(10,958)
Net current assets
72,581 
45,174 
Net assets
106,731 
80,686 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
106,631 
80,586 
Shareholders' funds
106,731 
80,686 
For the year ending 31 August 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 9 May 2025 and were signed on its behalf by
Abdulrahman Abdulfattah ABED Director Company Registration No. 12178713
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ARA MEDICAL LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
ARA MEDICAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12178713. The registered office is 7 Manor Rise, Bearsted, Maidstone, ME14 4DB, 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.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Computer equipment
25% on cost
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ARA MEDICAL LIMITED Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
34,615 
3,354 
37,969 
At 31 August 2024
34,615 
3,354 
37,969 
Depreciation
At 1 September 2023
1,046 
1,411 
2,457 
Charge for the year
523 
839 
1,362 
At 31 August 2024
1,569 
2,250 
3,819 
Net book value
At 31 August 2024
33,046 
1,104 
34,150 
At 31 August 2023
33,569 
1,943 
35,512 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
72,595 
51,595 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
13,043 
8,121 
Loans from directors
28 
59 
Accruals
2,668 
2,778 
15,739 
10,958 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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