Paediatric Dermatology Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09103796 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Paediatric Dermatology Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr A E Martinez

REGISTERED OFFICE:

40 Kings Road

St Albans

Hertfordshire

AL3 4TG

REGISTERED NUMBER:

09103796 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Investments

4

474,136

-

CURRENT ASSETS

Debtors

5

24,592

32,650

Cash at bank

78,459

478,239

103,051

510,889

CREDITORS

Amounts falling due within one year

6

48,835

37,799

NET CURRENT ASSETS

54,216

473,090

TOTAL ASSETS LESS CURRENT LIABILITIES

528,352

473,090

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

7

10,208

-

Retained earnings

518,143

473,089

528,352

473,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 11 July 2022 and were signed by:

Dr A E Martinez - Director

1.	STATUTORY INFORMATION

Paediatric Dermatology 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents trading income accrued during the period shown by these financial statements.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Other

investmen

£

COST OR VALUATION

Additions

487,500

Revaluations

(14,419

)

Dividends received

1,055

At 31 March 2022

474,136

NET BOOK VALUE

At 31 March 2022

474,136

Cost or valuation at 31 March 2022 is represented by:

Other

investmen

£

Valuation in 2022

474,136

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

24,592

30,296

Other debtors

-

2,354

24,592

32,650

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Taxation and social security

44,919

34,781

Other creditors

3,916

3,018

48,835

37,799

7.

RESERVES

Fair

value

reserve

£

No description

10,208

At 31 March 2022

10,208