ELEMENTS MEDICAL LTD

Company Registration Number:
06413642 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2021

Period of accounts

Start date: 01 November 2020

End date: 31 October 2021

ELEMENTS MEDICAL LTD

Contents of the Financial Statements

for the Period Ended 31 October 2021

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

ELEMENTS MEDICAL LTD

Company Information

for the Period Ended 31 October 2021




Registered office: 81
Thorne Road
Doncaster
DN1 2ES
Company Registration Number: 06413642 (England and Wales)

ELEMENTS MEDICAL LTD

Balance sheet

As at 31 October 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 366,340 363,620
Total fixed assets: 366,340 363,620
Current assets
Stocks: 44,940 39,940
Debtors: 5 420,875 253,281
Cash at bank and in hand: 416,351 76,950
Total current assets: 882,166 370,171
Creditors: amounts falling due within one year: 6 ( 444,735 ) ( 191,425 )
Net current assets (liabilities): 437,431 178,746
Total assets less current liabilities: 803,771 542,366
Creditors: amounts falling due after more than one year: 7 ( 63,760 ) ( 155,137 )
Total net assets (liabilities): 740,011 387,229

The notes form part of these financial statements

ELEMENTS MEDICAL LTD

Balance sheet continued

As at 31 October 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 739,911 387,129
Shareholders funds: 740,011 387,229

For the year ending 31 October 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 June 2022
And Signed On Behalf Of The Board By:

Name: J Ross-Gibson
Status: Director

The notes form part of these financial statements

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 20 20

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

  • 3. Off balance sheet disclosure

    No

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

4. Tangible Assets

Total
Cost £
At 01 November 2020 529,480
Additions 63,292
Disposals -
Revaluations -
Transfers -
At 31 October 2021 592,772
Depreciation
At 01 November 2020 165,860
Charge for year 60,572
On disposals -
Other adjustments -
At 31 October 2021 226,432
Net book value
At 31 October 2021 366,340
At 31 October 2020 363,620

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

  • 5. Debtors


    2021
    £

    2020
    £
    Debtors due after more than one year: 315,000

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

6. Creditors: amounts falling due within one year note

Gift Vouchers unused at year end £209914 (subsequently used or expired)

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

7. Creditors: amounts falling due after more than one year note

CBils loan outstanding at year end £54421

ELEMENTS MEDICAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

8.1. Loans to Directors

Name of director receiving advance or credit: S Green
Description of the transaction:
Loan to S Green
Balance at 01 November 2020 0
Advances or credits made: 315,000
Balance at 31 October 2021 315,000