Medhob Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 01470393 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

MEDHOB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G A Topping

Mrs A E Topping

SECRETARY:

Mrs A E Topping

REGISTERED OFFICE:

Lynnbank

2a Irlam Road

Sale

M33 2BH

REGISTERED NUMBER:

01470393 (England and Wales)

ACCOUNTANTS:

Fortus North Limited

Business Advisors & Accountants

5&6 Manor Court

Manor Garth

Scarborough

North Yorkshire

YO11 3TU

FIXED ASSETS

Investments

4

196,851

282,468

Investment property

5

1,038,000

975,960

1,234,851

1,258,428

CURRENT ASSETS

Debtors

6

70,419

102,489

Cash at bank

8,367

8,301

78,786

110,790

CREDITORS

Amounts falling due within one year

7

26,807

121,531

NET CURRENT ASSETS/(LIABILITIES)

51,979

(10,741

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,286,830

1,247,687

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

1,285,830

1,246,687

SHAREHOLDERS' FUNDS

1,286,830

1,247,687

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

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

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:

Mr G A Topping - Director

1.	STATUTORY INFORMATION

Medhob 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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2022

282,468

Disposals

(63,288

)

Share of profit/(loss)

(22,329

)

At 31 December 2022

196,851

NET BOOK VALUE

At 31 December 2022

196,851

At 31 December 2021

282,468

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2022

975,960

Revaluations

62,040

At 31 December 2022

1,038,000

NET BOOK VALUE

At 31 December 2022

1,038,000

At 31 December 2021

975,960

Fair value at 31 December 2022 is represented by:

£

Valuation in 2022

62,040

Cost

975,960

1,038,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

70,419

102,489

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Taxation and social security

20

1,149

Other creditors

26,787

120,382

26,807

121,531

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

1,000

Ordinary

£1

1,000

1,000