| Registered number |
| Registered number: | |||||||
| Balance Sheet | |||||||
| as at |
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| Notes | 2023 | 2022 | |||||
| £ | £ | ||||||
| As restated | |||||||
| Fixed assets | |||||||
| Intangible assets | 5 | ||||||
| Tangible assets | 6 | ||||||
| Current assets | |||||||
| Stocks | |||||||
| Debtors | 7 | ||||||
| Cash at bank and in hand | |||||||
| Creditors: amounts falling due within one year | 8 | ( |
( |
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| Net current assets | |||||||
| Total assets less current liabilities | |||||||
| Creditors: amounts falling due after more than one year | 9 | ( |
( |
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| Net liabilities | ( |
( |
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| Capital and reserves | |||||||
| Called up share capital | |||||||
| Profit and loss account | ( |
( |
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| Shareholder's funds | ( |
( |
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| The financial statements were approvde by the Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by: | |||||||
| T Reil | |||||||
| Director | |||||||
| Approved by the board on |
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| Notes to the Accounts | ||||||||
| for the year ended |
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| 1 | Statutory information | |||||||
| Miha Bodytec EMS UK Ltd 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 preparation | ||||||||
| Related party exemption | ||||||||
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
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| Turnover | ||||||||
| Intangible fixed assets | ||||||||
| Tangible fixed assets | ||||||||
| Plant and machinery | at a rate of 25% reducing balance | |||||||
| Motor vehicles | at a rate of 25% reducing balance | |||||||
| Stocks | ||||||||
| Debtors | ||||||||
| Creditors | ||||||||
| Taxation | ||||||||
| Provisions | ||||||||
| Foreign currency translation | ||||||||
| Pensions | ||||||||
| 3 | Employees | 2023 | 2022 | |||||
| Number | Number | |||||||
| Average number of persons employed by the company | ||||||||
| 4 | Prior year adjustment | |||||||
| In December 2021 the company entered into a lease agreement that contained reduced rent for the first year. The reduced rent has not been spread across the lifetime of the lease and therefore the rent charge booked to the profit and loss account for the year ended 31 December 2022 was understated. The following adjustments have been made to restate the 2022 results: Dr Profit and loss account – Administrative expenses: £28,030 Cr Balance sheet – Accruals: £28,030 A sum of £20,000 held in a security deposit has been reclassified from cash at bank to debtors as the company has restricted access to these funds. The following adjustments have been made to restate the 2022 results: Dr Balance sheet - Other debtors: £20,000 Cr Balance sheet - Cash at bank and in hand: £20,000 |
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| 5 | Intangible fixed assets | £ | ||||||
| Cost | ||||||||
| At 1 January 2023 | ||||||||
| At 31 December 2023 | ||||||||
| Amortisation | ||||||||
| At 1 January 2023 | ||||||||
| Provided during the year | ||||||||
| At 31 December 2023 | ||||||||
| Net book value | ||||||||
| At 31 December 2023 | ||||||||
| At 31 December 2022 | ||||||||
| Intangible assets are being written off in equal annual instalments over their estimated economic life of 5 years. | ||||||||
| 6 | Tangible fixed assets | |||||||
| Plant and machinery etc | Motor vehicles | Total | ||||||
| £ | £ | £ | ||||||
| Cost | ||||||||
| At 1 January 2023 | ||||||||
| Disposals | ( |
- | ( |
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| At 31 December 2023 | ||||||||
| Depreciation | ||||||||
| At 1 January 2023 | ||||||||
| Charge for the year | ||||||||
| On disposals | ( |
- | ( |
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| At 31 December 2023 | ||||||||
| Net book value | ||||||||
| At 31 December 2023 | ||||||||
| At 31 December 2022 | ||||||||
| 7 | Debtors | 2023 | 2022 | |||||
| £ | £ | |||||||
| Debtors: amounts falling due within one year | As restated | |||||||
| Trade debtors | ||||||||
| Prepayments | 40,553 | 41,467 | ||||||
| Other debtors | ||||||||
| 61,577 | 95,093 | |||||||
| Debtors: amounts falling due after one year | ||||||||
| Other debtors | 61,330 | 61,330 | ||||||
| Total | ||||||||
| 8 | Creditors: amounts falling due within one year | 2023 | 2022 | |||||
| £ | £ | |||||||
| As restated | ||||||||
| Deferred income | - | |||||||
| Trade creditors | ||||||||
| Due to group undertakings | - | |||||||
| Other taxes and social security | ||||||||
| Accruals | 24,921 | 31,977 | ||||||
| Other creditors | ||||||||
| Credit card liabilities included in other creditors are secured by way of a fixed charge over a security deposit included in debtors. | ||||||||
| 9 | Creditors: amounts falling due after one year | 2023 | 2022 | |||||
| £ | £ | |||||||
| As restated | ||||||||
| Amounts owed to group undertakings and undertakings in which the company has a participating interest | ||||||||
| 10 | Leasing agreements | |||||||
| Minimum lease payments under non-cancellable operating leases fall due as follows: | ||||||||
| 2023 | 2022 | |||||||
| £ | £ | |||||||
| As restated | ||||||||
| Within one year | 67,645 | 70,950 | ||||||
| Between one and five years | - | |||||||
| 67,645 | 138,595 | |||||||
| 11 | Parent and ultimate parent company | |||||||
| 12 | Disclosure under Section 444(5B) of the Companies Act 2006 | |||||||
December 2023 was qualified. The basis of qualification in the auditor’s report was as follows: We were not appointed as auditors of the company until after 31 December 2023 and thus did not observe the counting of physical inventories at the end of that year or at the end of the previous year. We were unable to satisfy ourselves by alternative means concerning quantities, condition and value of inventory held at 31 December 2023 or at 31 December 2022, which are included in the balance sheet at £86,612 and £54,603 respectively, by using other audit procedures. Consequently, we were unable to determine whether any adjustments to these amounts were necessary. We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. The matters required to report by exception are stated below: Except for the matters described in the basis for qualified opinion section of our report, in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report. Arising solely from the limitation on the scope of our work relating to inventory, referred to above: - we have not obtained all the information and explanations that we considered necessary for the purpose of our audit; and - we were unable to determine whether adequate accounting records have been kept. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made. The auditor’s report was signed by Caroline Peverett BA FCA (Senior Statutory Auditor) for and on behalf of Tuerner Audit Limited. |
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