MEDICAL & PROFESSIONAL CFP LTD

Company Registration Number:
SC400522 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

MEDICAL & PROFESSIONAL CFP LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

MEDICAL & PROFESSIONAL CFP LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 46,000 57,500
Tangible assets: 4 134,625 59,220
Total fixed assets: 180,625 116,720
Current assets
Debtors:   56,916 88,254
Cash at bank and in hand: 12,141 105,240
Investments:   157,178 209,016
Total current assets: 226,235 402,510
Creditors: amounts falling due within one year:   (32,642) (45,677)
Net current assets (liabilities): 193,593 356,833
Total assets less current liabilities: 374,218 473,553
Creditors: amounts falling due after more than one year:   (38,568)
Provision for liabilities: (9,622) (11,252)
Total net assets (liabilities): 326,028 462,301
Capital and reserves
Called up share capital: 1,010 1,010
Share premium account: 7,110 7,110
Profit and loss account: 317,908 454,181
Shareholders funds: 326,028 462,301

The notes form part of these financial statements

MEDICAL & PROFESSIONAL CFP LTD

Balance sheet statements

For the year ending 31 May 2023 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 October 2023
and signed on behalf of the board by:

Name: Douglas Mitchell
Status: Director

The notes form part of these financial statements

MEDICAL & PROFESSIONAL CFP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

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

MEDICAL & PROFESSIONAL CFP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 13 10

MEDICAL & PROFESSIONAL CFP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
At 01 June 2022 115,000
At 31 May 2023 115,000
Amortisation
At 01 June 2022 57,500
Charge for year 11,500
At 31 May 2023 69,000
Net book value
At 31 May 2023 46,000
At 31 May 2022 57,500

MEDICAL & PROFESSIONAL CFP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
At 01 June 2022 108,095
Additions 98,649
Disposals (5,824)
At 31 May 2023 200,920
Depreciation
At 01 June 2022 48,875
Charge for year 22,037
On disposals (4,617)
At 31 May 2023 66,295
Net book value
At 31 May 2023 134,625
At 31 May 2022 59,220