1 January 2022 false No description of principal activity Taxfiler 2023.9 10415571business:PrivateLimitedCompanyLtd2022-01-012022-12-31 104155712021-12-31 104155712022-01-012022-12-31 10415571business:AuditExemptWithAccountantsReport2022-01-012022-12-31 10415571business:FilletedAccounts2022-01-012022-12-31 104155712022-12-31 10415571business:Director12022-01-012022-12-31 10415571business:Director22022-01-012022-12-31 10415571business:CompanySecretary12022-01-012022-12-31 10415571business:RegisteredOffice2022-01-012022-12-31 104155712021-12-31 10415571core:WithinOneYear2022-12-31 10415571core:WithinOneYear2021-12-31 10415571core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10415571core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 10415571core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10415571core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 10415571core:PreviouslyStatedAmount2022-12-31 10415571core:PreviouslyStatedAmount2021-12-31 10415571business:SmallEntities2022-01-012022-12-31 10415571countries:EnglandWales2022-01-012022-12-31 10415571core:Goodwill2021-12-31 10415571core:Goodwill2022-12-31 10415571core:Goodwill2022-01-012022-12-31 104155712021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10415571 (England and Wales)
NEW MEDICINE PARTNERS LIMITED Unaudited accounts for the year ended 31 December 2022
NEW MEDICINE PARTNERS LIMITED Unaudited accounts Contents
Page
- 2 -
NEW MEDICINE PARTNERS LIMITED Company Information for the year ended 31 December 2022
Directors
Richard BARKER Olga Yurievna SHVAROVA
Secretary
Sergey FADEEV
Company Number
10415571 (England and Wales)
Registered Office
GROUND FLOOR 45 PALL MALL LONDON SW1Y 5JG ENGLAND
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
- 3 -
NEW MEDICINE PARTNERS LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
4,709 
Current assets
Debtors
59,662 
20,000 
Cash at bank and in hand
604 
3,888 
60,266 
23,888 
Creditors: amounts falling due within one year
(19,548)
(15,415)
Net current assets
40,718 
8,473 
Net assets
40,719 
13,182 
Capital and reserves
Called up share capital
50,000 
50,000 
Profit and loss account
(9,281)
(36,818)
Shareholders' funds
40,719 
13,182 
For the year ending 31 December 2022 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 directors acknowledge 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 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 of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by
Olga Yurievna SHVAROVA Director Company Registration No. 10415571
- 4 -
NEW MEDICINE PARTNERS LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
NEW MEDICINE PARTNERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10415571. The registered office is GROUND FLOOR, 45 PALL MALL, LONDON, SW1Y 5JG, ENGLAND.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2022
21,234 
At 31 December 2022
21,234 
Amortisation
At 1 January 2022
16,525 
Charge for the year
4,708 
At 31 December 2022
21,233 
Net book value
At 31 December 2022
1 
At 31 December 2021
4,709 
- 5 -
NEW MEDICINE PARTNERS LIMITED Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
39,662 
- 
Other debtors
20,000 
20,000 
59,662 
20,000 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
3,287 
- 
Loans from directors
15,421 
15,415 
Accruals
840 
- 
19,548 
15,415 
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
- 6 -