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REGISTERED NUMBER: 07691530 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 July 2024

for

The National Heart Clinic Limited

The National Heart Clinic Limited (Registered number: 07691530)






Contents of the Financial Statements
for the Year Ended 29 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The National Heart Clinic Limited

Company Information
for the Year Ended 29 July 2024







DIRECTOR: Dr F Lo Monaco





REGISTERED OFFICE: 69 Harley Street
London
W1G 8QW





REGISTERED NUMBER: 07691530 (England and Wales)





ACCOUNTANTS: Loizou Associates Limited
Chartered Certified Accountants
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

The National Heart Clinic Limited (Registered number: 07691530)

Balance Sheet
29 July 2024

29.7.24 29.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,976 39,602

CURRENT ASSETS
Debtors 5 55,831 55,433
Cash at bank and in hand 215,393 77,021
271,224 132,454
CREDITORS
Amounts falling due within one year 6 114,002 53,443
NET CURRENT ASSETS 157,222 79,011
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,198

118,613

CREDITORS
Amounts falling due after more than
one year

7

10,531

14,250
NET ASSETS 223,667 104,363

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 222,667 103,363
223,667 104,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 July 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.

The National Heart Clinic Limited (Registered number: 07691530)

Balance Sheet - continued
29 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2025 and were signed by:





Dr F Lo Monaco - Director


The National Heart Clinic Limited (Registered number: 07691530)

Notes to the Financial Statements
for the Year Ended 29 July 2024

1. STATUTORY INFORMATION

The National Heart Clinic 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


The National Heart Clinic Limited (Registered number: 07691530)

Notes to the Financial Statements - continued
for the Year Ended 29 July 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 30 July 2023 40,499 35,899 76,398
Additions 58,808 4,224 63,032
At 29 July 2024 99,307 40,123 139,430
DEPRECIATION
At 30 July 2023 25,721 11,075 36,796
Charge for year 18,396 7,262 25,658
At 29 July 2024 44,117 18,337 62,454
NET BOOK VALUE
At 29 July 2024 55,190 21,786 76,976
At 29 July 2023 14,778 24,824 39,602

The National Heart Clinic Limited (Registered number: 07691530)

Notes to the Financial Statements - continued
for the Year Ended 29 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
29.7.24 29.7.23
£    £   
Other debtors 55,831 55,433

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
29.7.24 29.7.23
£    £   
Bank loans and overdrafts 10,125 750
Taxation and social security 100,688 50,606
Other creditors 3,189 2,087
114,002 53,443

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
29.7.24 29.7.23
£    £   
Bank loans 10,531 14,250

8. RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year is an interest free loan of £233 (2023: £8) due to Dr F Lo Monaco, director of the company.