Acorah Software Products - Accounts Production 16.3.350 false true 28 August 2023 29 August 2022 false 29 August 2023 28 August 2024 28 August 2024 09415910 Mr D Roberts Miss L Chiverton David Roberts true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09415910 2023-08-28 09415910 2024-08-28 09415910 2023-08-29 2024-08-28 09415910 frs-core:CurrentFinancialInstruments 2024-08-28 09415910 frs-core:Non-currentFinancialInstruments 2024-08-28 09415910 frs-core:ComputerEquipment 2024-08-28 09415910 frs-core:ComputerEquipment 2023-08-29 2024-08-28 09415910 frs-core:ComputerEquipment 2023-08-28 09415910 frs-core:FurnitureFittings 2024-08-28 09415910 frs-core:FurnitureFittings 2023-08-29 2024-08-28 09415910 frs-core:FurnitureFittings 2023-08-28 09415910 frs-core:MotorVehicles 2024-08-28 09415910 frs-core:MotorVehicles 2023-08-29 2024-08-28 09415910 frs-core:MotorVehicles 2023-08-28 09415910 frs-core:PlantMachinery 2024-08-28 09415910 frs-core:PlantMachinery 2023-08-29 2024-08-28 09415910 frs-core:PlantMachinery 2023-08-28 09415910 frs-core:ShareCapital 2024-08-28 09415910 frs-core:RetainedEarningsAccumulatedLosses 2024-08-28 09415910 frs-bus:PrivateLimitedCompanyLtd 2023-08-29 2024-08-28 09415910 frs-bus:FilletedAccounts 2023-08-29 2024-08-28 09415910 frs-bus:SmallEntities 2023-08-29 2024-08-28 09415910 frs-bus:AuditExempt-NoAccountantsReport 2023-08-29 2024-08-28 09415910 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-29 2024-08-28 09415910 1 2023-08-29 2024-08-28 09415910 frs-bus:Director1 2023-08-29 2024-08-28 09415910 frs-bus:Director2 2023-08-29 2024-08-28 09415910 frs-countries:EnglandWales 2023-08-29 2024-08-28 09415910 2022-08-28 09415910 2023-08-28 09415910 2022-08-29 2023-08-28 09415910 frs-core:CurrentFinancialInstruments 2023-08-28 09415910 frs-core:Non-currentFinancialInstruments 2023-08-28 09415910 frs-core:ShareCapital 2023-08-28 09415910 frs-core:RetainedEarningsAccumulatedLosses 2023-08-28
Registered number: 09415910
Best Practice Medical (UK) Ltd
Financial Statements
For The Year Ended 28 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09415910
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,049 42,978
34,049 42,978
CURRENT ASSETS
Stocks 5 400 8,522
Debtors 6 - 354
Cash at bank and in hand 1,437 1,844
1,837 10,720
Creditors: Amounts Falling Due Within One Year 7 (9,127 ) (9,126 )
NET CURRENT ASSETS (LIABILITIES) (7,290 ) 1,594
TOTAL ASSETS LESS CURRENT LIABILITIES 26,759 44,572
Creditors: Amounts Falling Due After More Than One Year 8 (2,333 ) (4,333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,584 ) (4,352 )
NET ASSETS 21,842 35,887
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 21,841 35,886
SHAREHOLDERS' FUNDS 21,842 35,887
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For the year ending 28 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D Roberts
Director
27 May 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Best Practice Medical (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09415910 . The registered office is 23 Pennyroyal Way, Kirkby-in-Ashfield, Nottinghamshire, NG17 8SE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Motor Vehicles 15% reducing balance
Fixtures & Fittings No depreciation
Computer Equipment 25% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 29 August 2023 33,062 3,755 20,076 14,983 71,876
Additions - - 375 911 1,286
Disposals - (3,755 ) - - (3,755 )
As at 28 August 2024 33,062 - 20,451 15,894 69,407
Depreciation
As at 29 August 2023 16,968 1,173 - 10,757 28,898
Provided during the period 5,462 - - 2,171 7,633
Disposals - (1,173 ) - - (1,173 )
As at 28 August 2024 22,430 - - 12,928 35,358
Net Book Value
As at 28 August 2024 10,632 - 20,451 2,966 34,049
As at 29 August 2023 16,094 2,582 20,076 4,226 42,978
5. Stocks
2024 2023
£ £
Stock 400 8,522
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 354
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 557 558
Bank loans and overdrafts 2,000 2,000
Corporation tax 5,604 5,706
Accruals and deferred income 728 728
Directors' loan accounts 238 134
9,127 9,126
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,333 4,333
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
At the balance sheet date, an amount of £238 (2023: £134) was owed from the company to the director. The amount was unsecured, interest free with no fixed repayment date.
11. Ultimate Controlling Party
The company's ultimate controlling party is David Roberts by virtue of his ownership of 100% of the issued share capital in the company.
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