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REGISTERED NUMBER: 05407072 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

LONDON PAEDIATRICIANS LIMITED

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LONDON PAEDIATRICIANS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Dr N Chammas
Dr E F Maalouf





SECRETARY: Dr E F Maalouf





REGISTERED OFFICE: 7 Campden Hill Road
London
W8 7DX





REGISTERED NUMBER: 05407072 (England and Wales)





ACCOUNTANTS: Lucentum Business Services Ltd
Beckwith Barn
Warren Estate
Lordship Road
Chelmsford
Essex
CM1 3WT

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 243,533 120,735
Investments 7 471,139 68,744
714,672 189,479

CURRENT ASSETS
Debtors 8 427,240 438,151
Cash at bank 9 192,545 601,709
619,785 1,039,860
CREDITORS
Amounts falling due within one year 10 100,747 343,788
NET CURRENT ASSETS 519,038 696,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,233,710

885,551

CREDITORS
Amounts falling due after more than one
year

11

187,937

-
NET ASSETS 1,045,773 885,551

CAPITAL AND RESERVES
Called up share capital 13 101 101
Retained earnings 1,045,672 885,450
SHAREHOLDERS' FUNDS 1,045,773 885,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

BALANCE SHEET - continued
31 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 Board of Directors and authorised for issue on 27 July 2025 and were signed on its behalf by:





Dr E F Maalouf - Director


LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

London Paediatricians 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 (£).


Amounts in these financial statements are rounded to the nearest Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 and represents amounts receivable for services rendered..

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities.

Turnover is recognised over the period the service is provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation of a tangible fixed asset begins when it is in the location and condition necessary available for the use intended.

Tangible fixed asset depreciation is included in administrative expenses in the Income Statement.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non puttable ordinary shares.

Taxation
Taxation for the year comprises current 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 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 210,000
AMORTISATION
At 1 August 2023
and 31 July 2024 210,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 202,044
Additions 259,554
Disposals (172,514 )
At 31 July 2024 289,084
DEPRECIATION
At 1 August 2023 81,309
Charge for year 45,822
Eliminated on disposal (81,580 )
At 31 July 2024 45,551
NET BOOK VALUE
At 31 July 2024 243,533
At 31 July 2023 120,735

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 58,529
Additions 258,055
Disposals (58,529 )
At 31 July 2024 258,055
DEPRECIATION
At 1 August 2023 17,376
Charge for year 31,792
Eliminated on disposal (27,664 )
At 31 July 2024 21,504
NET BOOK VALUE
At 31 July 2024 236,551
At 31 July 2023 41,153

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023 68,744
Additions 368,855
Share of profit/(loss) 33,540
At 31 July 2024 471,139
NET BOOK VALUE
At 31 July 2024 471,139
At 31 July 2023 68,744

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 323,184 342,054
Other debtors 104,056 96,097
427,240 438,151

9. CASH AT BANK
2024 2023
£    £   
Bank account 10,001 10,010
Bank account no. 2 182,544 591,699
192,545 601,709

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 22,682 45,405
Amounts owed to related parties - 63,000
Taxation and social security 50,904 197,107
Other creditors 27,161 38,276
100,747 343,788

11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 187,937 -

LONDON PAEDIATRICIANS LIMITED (REGISTERED NUMBER: 05407072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

12. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 210,619 45,405

Net obligations under hire purchase contracts are secured by charges on the assets concerned.

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
1 A Ordinary £1 1 1
101 101

14. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other debtors at the balance sheet date is an amount of £77,799 (2023: £71,848) due from the directors of the company.

Interest has been charged on this loan at the official rate set by HMRC.