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REGISTERED NUMBER: 13961972 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PROXIMA DIAGNOSTICS LIMITED

PROXIMA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 13961972)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROXIMA DIAGNOSTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr P Tsoukkas
Mr G Loizou





REGISTERED OFFICE: Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 13961972 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

PROXIMA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 13961972)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,083 49,430

CURRENT ASSETS
Stocks 20,000 6,395
Debtors 5 26,203 30,073
Cash at bank 14,075 5,434
60,278 41,902
CREDITORS
Amounts falling due within one year 6 135,236 127,263
NET CURRENT LIABILITIES (74,958 ) (85,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(36,875

)

(35,931

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (36,975 ) (36,031 )
SHAREHOLDERS' FUNDS (36,875 ) (35,931 )

PROXIMA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 13961972)

BALANCE SHEET - continued
31 MARCH 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:





Mr P Tsoukkas - Director


PROXIMA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 13961972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Proxima Diagnostics 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.

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 cost
Fixtures and fittings - 25% on cost
Computer equipment - Straight line over 3 years

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

GOING CONCERN
The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

PRIOR YEAR ADJUSTMENTS
The comparative figures have been amended as some capital expenditure was incorrectly included as closing stock.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

PROXIMA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 13961972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 April 2024 45,594 17,252 149 62,995
Additions - - 1,168 1,168
At 31 March 2025 45,594 17,252 1,317 64,163
Depreciation
At 1 April 2024 12,162 1,373 30 13,565
Charge for year 8,358 3,969 188 12,515
At 31 March 2025 20,520 5,342 218 26,080
Net book value
At 31 March 2025 25,074 11,910 1,099 38,083
At 31 March 2024 33,432 15,879 119 49,430

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 26,203 30,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 408
Amounts owed to group undertakings 71,052 46,998
Taxation and social security 2,158 -
Other creditors 62,026 79,857
135,236 127,263

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100