Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-31false72024-02-01falseGP pratice9falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07496896 2024-02-01 2025-01-31 07496896 2023-02-01 2024-01-31 07496896 2025-01-31 07496896 2024-01-31 07496896 2023-02-01 07496896 c:Director1 2024-02-01 2025-01-31 07496896 d:FurnitureFittings 2024-02-01 2025-01-31 07496896 d:FurnitureFittings 2025-01-31 07496896 d:FurnitureFittings 2024-01-31 07496896 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07496896 d:ComputerEquipment 2024-02-01 2025-01-31 07496896 d:ComputerEquipment 2025-01-31 07496896 d:ComputerEquipment 2024-01-31 07496896 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07496896 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07496896 d:Goodwill 2025-01-31 07496896 d:Goodwill 2024-01-31 07496896 d:CurrentFinancialInstruments 2025-01-31 07496896 d:CurrentFinancialInstruments 2024-01-31 07496896 d:Non-currentFinancialInstruments 2025-01-31 07496896 d:Non-currentFinancialInstruments 2024-01-31 07496896 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 07496896 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07496896 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 07496896 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 07496896 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-01-31 07496896 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 07496896 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-01-31 07496896 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 07496896 d:ShareCapital 2025-01-31 07496896 d:ShareCapital 2024-01-31 07496896 d:ShareCapital 2023-02-01 07496896 d:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 07496896 d:RetainedEarningsAccumulatedLosses 2025-01-31 07496896 d:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 07496896 d:RetainedEarningsAccumulatedLosses 2024-01-31 07496896 d:RetainedEarningsAccumulatedLosses 2023-02-01 07496896 c:OrdinaryShareClass1 2024-02-01 2025-01-31 07496896 c:OrdinaryShareClass1 2025-01-31 07496896 c:OrdinaryShareClass1 2024-01-31 07496896 c:OrdinaryShareClass2 2024-02-01 2025-01-31 07496896 c:OrdinaryShareClass2 2025-01-31 07496896 c:OrdinaryShareClass2 2024-01-31 07496896 c:FRS102 2024-02-01 2025-01-31 07496896 c:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 07496896 c:FullAccounts 2024-02-01 2025-01-31 07496896 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07496896 2 2024-02-01 2025-01-31 07496896 10 2024-02-01 2025-01-31 07496896 11 2024-02-01 2025-01-31 07496896 12 2024-02-01 2025-01-31 07496896 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 07496896


THE HARLEY STREET GENERAL PRACTICE LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 JANUARY 2025


















            img14fe.png
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE HARLEY STREET GENERAL PRACTICE LTD
FOR THE YEAR ENDED 31 JANUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of THE HARLEY STREET GENERAL PRACTICE LTD for the year ended 31 January 2025 which comprise  the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of THE HARLEY STREET GENERAL PRACTICE LTD in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of THE HARLEY STREET GENERAL PRACTICE LTD and state those matters that we have agreed to state to the director of THE HARLEY STREET GENERAL PRACTICE LTD in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE HARLEY STREET GENERAL PRACTICE LTD and its director for our work or for this report. 

It is your duty to ensure that THE HARLEY STREET GENERAL PRACTICE LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of THE HARLEY STREET GENERAL PRACTICE LTD. You consider that THE HARLEY STREET GENERAL PRACTICE LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of THE HARLEY STREET GENERAL PRACTICE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Haggards Crowther LLP
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ
21 July 2025
Page 1

 
THE HARLEY STREET GENERAL PRACTICE LTD
REGISTERED NUMBER: 07496896

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 6 
13,548
18,066

  
13,548
18,066

Current assets
  

Debtors: amounts falling due within one year
 7 
151,822
119,301

Cash at bank and in hand
 8 
155,488
166,304

  
307,310
285,605

Creditors: amounts falling due within one year
 9 
(314,804)
(192,505)

Net current (liabilities)/assets
  
 
 
(7,494)
 
 
93,100

Total assets less current liabilities
  
6,054
111,166

Creditors: amounts falling due after more than one year
 10 
(5,000)
(15,000)

  

Net assets
  
1,054
96,166


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
954
96,066

  
1,054
96,166


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 July 2025.

Page 2

 
THE HARLEY STREET GENERAL PRACTICE LTD
REGISTERED NUMBER: 07496896
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025




S Showghi
Director

The notes on pages 5 to 15 form part of these financial statements.
Page 3
 

 
THE HARLEY STREET GENERAL PRACTICE LTD


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2025



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 February 2023
100
145,258
145,358





Profit for the year
-
358,808
358,808


Dividends: Equity capital
-
(408,000)
(408,000)





At 1 February 2024
100
96,066
96,166





Profit for the year
-
245,588
245,588


Dividends: Equity capital
-
(340,700)
(340,700)



At 31 January 2025
100
954
1,054



The notes on pages 5 to 15 form part of these financial statements.
Page 4
 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

The Harley Street General Practice Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 07496896 and its registered address is Unit D, Heathmans House, 19 Heathmans Road, London, SW6 4TJ.
The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, she continues to adopt the going concern basis in preparing the financial statements. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in the income statement using the effective interest method.

Page 5

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to the income statement over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in the income statement in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the income statement when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

Tax is recognised in the income statement except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 6

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.9

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively 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.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS
Page 7

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.14
Financial instruments (continued)

102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through the income statement) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the income statement. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the income statement.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through the inccome statement). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is
Page 8

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.14
Financial instruments (continued)

omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 9

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.15

Financial liabilities

Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form.

Financial liabilities within the scope of IAS 39 are initially classified as financial liabilities at fair value through the income statement, loans and borrowings, or as derivatives designated as hedging instruments in an effective hedge, as appropriate.
The Group determines the classification of its financial liabilities at initial recognition. All financial liabilities are recognised initially at fair value and in the case of loans and borrowings, plus directly attributable transaction costs.
Subsequently, the measurement of financial liabilities depends on their classification as follows:

Financial liabilities at fair value through income statement

Financial liabilities at fair value through the income statement includes financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through the income statement.

Financial liabilities are classified as held for trading if they are acquired for the purpose of repurchasing in the near term. Derivatives, including separately embedded derivatives are also classified as held for trading unless they are designated as effective hedging instruments. Gains or losses on liabilities held for trading are recognised in the income statement.

Interest bearing loans and borrowings

Obligations for loans and borrowings are recognised when the Group becomes party to the related contracts and are measured initially at the fair value of consideration received less directly attributable transaction costs.
After initial recognition, interest bearing loans and borrowings are subsequently measured at amortised cost using the effective interest method.
Gains and losses arising on the repurchase, settlement or otherwise cancellation of liabilities are recognised respectively in finance revenue and finance cost.

Derecognition of financial liabilities

A liability is derecognised when the contract that gives rise to it is settled, sold, cancelled or expires.
Where an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such as an exchange or modification, this is treated as a derecognition of the original liability, such that the difference in the respective carrying amounts together with any costs or fees incurred are recognised in the income statement.

Page 10

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.16

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

  
2.17

Share capital

Ordinary shares are clasified as equity.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 


4.


Employees

The average monthly number of employees, including directors, during the year was 9 (2024 - 7).

Page 11

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Intangible assets




Goodwill

£



Cost


At 1 February 2024
295,000



At 31 January 2025

295,000



Amortisation


At 1 February 2024
295,000



At 31 January 2025

295,000



Net book value



At 31 January 2025
-



At 31 January 2024
-



Page 12

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

6.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2024
18,632
10,404
29,036



At 31 January 2025

18,632
10,404
29,036



Depreciation


At 1 February 2024
8,402
2,569
10,971


Charge for the year on owned assets
2,558
1,959
4,517



At 31 January 2025

10,960
4,528
15,488



Net book value



At 31 January 2025
7,672
5,876
13,548



At 31 January 2024
10,230
7,836
18,066


7.


Debtors

2025
2024
£
£


Trade debtors
100,604
117,168

Other debtors
50,407
-

Prepayments and accrued income
811
2,133

151,822
119,301



8.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
155,488
166,304

155,488
166,304


Page 13

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

9.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
10,000
10,000

Trade creditors
146,403
39,517

Corporation tax
87,038
113,831

Other taxation and social security
6,223
7,203

Other creditors
3,104
3,247

Accruals and deferred income
62,036
18,707

314,804
192,505



10.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
5,000
15,000

5,000
15,000


Bank loan totalling £50,000 is guaranteed by the UK Government under the Bounce Back Loan Scheme Guarantee.


11.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
10,000
10,000

Amounts falling due 1-2 years

Bank loans
5,000
10,000

Amounts falling due 2-5 years

Bank loans
-
5,000

15,000
25,000

Page 14

 
THE HARLEY STREET GENERAL PRACTICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

12.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



95 (2024 - 95) Ordinary shares of £1.00 each
95
95
5 (2024 - 5) Ordinary A shares of £1.00 each
5
5

100

100



13.


Transactions with directors

Included within the year end debtors balance is an amount due to the company from Mrs Showghi of £50,407 (2024: £357 owed by company). Throughout the year, total withdrawal of funds amounted to £404,528 (2024: £440,586), with total deposits of £353,776 (2024: £440,814). The outstanding balance is unsecured, repayable on demand and subject to interest at HMRC’s official interest rate.
 
Page 15