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Company Registration No. 12842834 (England and Wales)
Damani Medical Ltd Filleted accounts for the year ended 31 August 2025
Damani Medical Ltd Filleted accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Damani Medical Ltd Company Information for the year ended 31 August 2025
Director
Dr Ravi Damani
Company Number
12842834 (England and Wales)
Registered Office
Hawthorne House 17A Hawthorne Drive Leicester LE5 6DL United Kingdom
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Damani Medical Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
283,250
283,250
Current assets
Debtors
5
4,289
2,450
Cash at bank and in hand
6,056
10,123
10,345
12,573
Creditors: amounts falling due within one year
6
(11,623)
(6,628)
Net current (liabilities)/assets
(1,278)
5,945
Total assets less current liabilities
281,972
289,195
Creditors: amounts falling due after more than one year
7
(80,000)
(114,510)
Net assets
201,972
174,685
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
201,872
174,585
Shareholders' funds
201,972
174,685
For the year ending 31 August 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 May 2026 and were signed on its behalf by
Dr Ravi Damani Director Company Registration No. 12842834
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Damani Medical Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Damani Medical Ltd is a private company, limited by shares, registered in England and Wales, registration number 12842834. The registered office is Hawthorne House, 17A Hawthorne Drive, Leicester, LE5 6DL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 1 September 2024
283,250
At 31 August 2025
283,250
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Damani Medical Ltd Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
2,450
2,450
Other debtors
1,839
-
4,289
2,450
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,451
2,450
Taxes and social security
8,321
3,278
Accruals
851
900
11,623
6,628
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
80,000
80,000
Loans from directors
-
34,510
80,000
114,510
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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