Dr Patrick Doyle Ltd 07741859 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of specialist medical practice activities. Digita Accounts Production Advanced 6.30.9574.0 true 07741859 2023-09-01 2024-08-31 07741859 2024-08-31 07741859 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-08-31 07741859 core:CurrentFinancialInstruments 2024-08-31 07741859 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07741859 core:Non-currentFinancialInstruments 2024-08-31 07741859 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 07741859 core:FurnitureFittingsToolsEquipment 2024-08-31 07741859 bus:SmallEntities 2023-09-01 2024-08-31 07741859 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07741859 bus:FilletedAccounts 2023-09-01 2024-08-31 07741859 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07741859 bus:RegisteredOffice 2023-09-01 2024-08-31 07741859 bus:Director1 2023-09-01 2024-08-31 07741859 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07741859 bus:Agent1 2023-09-01 2024-08-31 07741859 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 07741859 core:OfficeEquipment 2023-09-01 2024-08-31 07741859 countries:EnglandWales 2023-09-01 2024-08-31 07741859 2023-08-31 07741859 core:FurnitureFittingsToolsEquipment 2023-08-31 07741859 2022-09-01 2023-08-31 07741859 2023-08-31 07741859 core:CurrentFinancialInstruments 2023-08-31 07741859 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 07741859 core:Non-currentFinancialInstruments 2023-08-31 07741859 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 07741859 core:FurnitureFittingsToolsEquipment 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 07741859

Dr Patrick Doyle Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Dr Patrick Doyle Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Dr Patrick Doyle Ltd

Company Information

Director

P W Doyle

Registered office

3rd Floor
Lawford House
Albert Place
London
N3 1QA

Accountants

Sterlings Ltd
Chartered AccountantsLawford House
Albert Place
London
N3 1QA

 

Dr Patrick Doyle Ltd

(Registration number: 07741859)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

829

1,106

Investments

6

30,000

30,000

 

30,829

31,106

Current assets

 

Debtors

7

33,824

11,000

Cash at bank and in hand

 

25,440

29,748

 

59,264

40,748

Creditors: Amounts falling due within one year

8

(26,921)

(20,616)

Net current assets

 

32,343

20,132

Total assets less current liabilities

 

63,172

51,238

Creditors: Amounts falling due after more than one year

8

(12,983)

(21,448)

Net assets

 

50,189

29,790

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

50,089

29,690

Shareholders' funds

 

50,189

29,790

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 May 2025
 

.........................................
P W Doyle
Director

 

Dr Patrick Doyle Ltd

Notes to the Unaudited Financial Statements for the Year Ended 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:
3rd Floor
Lawford House
Albert Place
London
N3 1QA

These financial statements were authorised for issue by the director on 21 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 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 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 represents medical fees receivable. The company is not registered for VAT as its income is exempt from VAT.

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Dr Patrick Doyle Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

25% on reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Dr Patrick Doyle Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Financial instruments

Classification
The company only enters into basic financial instruments that result in the recognition of financial assets or liabilities like trade debtors, other debtors, trade creditors and other creditors, loans from banks or other third parties and loan to/from related parties.

 Recognition and measurement
Debts instruments that constitute a financing transaction are initially measured at fair value of future payments and subsequently at amortised cost using the effective interest method. Debt instruments which are payable or receivable within on year such as trade debtors or trade creditors are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are 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 profit and loss account.

 Impairment
Financial assets that are measured at cost and amortised cost are 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 profit and loss account.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

277

369

 

Dr Patrick Doyle Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

5

Tangible assets

Fixtures, fittings and equipment
 £

Total
£

Cost or valuation

At 1 September 2023

5,917

5,917

At 31 August 2024

5,917

5,917

Depreciation

At 1 September 2023

4,811

4,811

Charge for the year

277

277

At 31 August 2024

5,088

5,088

Carrying amount

At 31 August 2024

829

829

At 31 August 2023

1,106

1,106

6

Fixed asset investments

Unlisted investments
£

Total
£

Cost or valuation

At 1 September 2023

30,000

30,000

At 31 August 2024

30,000

30,000

Carrying amount

At 31 August 2024

30,000

30,000

7

Debtors

Current

2024
£

2023
£

Trade debtors

5,790

7,246

Other debtors

28,034

3,754

 

33,824

11,000

 

Dr Patrick Doyle Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

9,136

9,136

Taxation and social security

 

12,468

6,170

Accruals and deferred income

 

3,540

3,533

Other creditors

 

1,777

1,777

 

26,921

20,616

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

12,983

21,448

9

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

9,136

9,136

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

12,983

21,448

10

Related party transactions

As at the balance sheet date, the director owed the company the sum of £27,695 (2023 - £900).

During the year, interest was charged to the director totalling £318 (2023 - nil).