NP GLOBE MEDICAL LTD


Director	HALASI, Tamas, Dr


Registered Address	19 Louvain Drive
	Chelmsford
	CM1 6BA


Registered Number	13389725 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,899		3,831
			2,899		3,831
Current assets
Debtors		-		10,150
Cash at bank and on hand		27,021		33,880
		27,021		44,030
Creditors amounts falling due within one year	4	(20,892)		(30,685)
Net current assets (liabilities)			6,129		13,345
Total assets less current liabilities			9,028		17,176
Net assets			9,028		17,176
Capital and reserves
Called up share capital			100		100
Profit and loss account			8,928		17,076
Shareholders' funds			9,028		17,176

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 19 November 2025, and are signed on its behalf by:

HALASI, Tamas, Dr
Director
Registered Company No. 13389725

NP GLOBE MEDICAL LTD

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 June 24	5,592	4,265	9,857
Additions	1,551	1,061	2,612
At 31 May 25	7,143	5,326	12,469
Depreciation and impairment
At 01 June 24	3,434	2,592	6,026
Charge for year	1,786	1,758	3,544
At 31 May 25	5,220	4,350	9,570
Net book value
At 31 May 25	1,923	976	2,899
At 31 May 24	2,158	1,673	3,831

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	12,750	24,894
Other creditors	6,743	4,390
Accrued liabilities and deferred income	1,399	1,401
Total	20,892	30,685