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REGISTERED NUMBER: SC581043 (Scotland)
















Unaudited Financial Statements

for the Year Ended 30 November 2022

for

Calan Mathieson Medicolegal Ltd.

Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)






Contents of the Financial Statements
for the Year Ended 30 November 2022




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Calan Mathieson Medicolegal Ltd.

Company Information
for the Year Ended 30 November 2022







DIRECTOR: Calan Mathieson





SECRETARY: Jennifer Mathieson





REGISTERED OFFICE: Westburn Business Centre
McNee Road
Prestwick
Ayrshire
KA9 2PB





REGISTERED NUMBER: SC581043 (Scotland)






Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Calan Mathieson Medicolegal Ltd.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and loss and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Calan Mathieson Medicolegal Ltd. for the year ended 30 November 2022 which comprise the Profit and Loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Calan Mathieson Medicolegal Ltd. in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Calan Mathieson Medicolegal Ltd. and state those matters that we have agreed to state to the director of Calan Mathieson Medicolegal Ltd. in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Calan Mathieson Medicolegal Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Calan Mathieson Medicolegal Ltd.. You consider that Calan Mathieson Medicolegal Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Calan Mathieson Medicolegal Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.








29 September 2023

Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)

Balance Sheet
30 November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,494 4,108

CURRENT ASSETS
Debtors 5 92,748 103,985
Cash at bank 32,908 67,348
125,656 171,333
CREDITORS
Amounts falling due within one year 6 37,863 38,771
NET CURRENT ASSETS 87,793 132,562
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,287

136,670

CREDITORS
Amounts falling due after more than one
year

7

(12,925

)

(17,925

)

PROVISIONS FOR LIABILITIES (2,484 ) (1,027 )
NET ASSETS 83,878 117,718

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 83,778 117,618
SHAREHOLDERS' FUNDS 83,878 117,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)

Balance Sheet - continued
30 November 2022


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 director and authorised for issue on 29 September 2023 and were signed by:





Calan Mathieson - Director


Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)

Notes to the Financial Statements
for the Year Ended 30 November 2022

1. STATUTORY INFORMATION

Calan Mathieson Medicolegal Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The director considers the overall financial position of the company on a regular basis to ensure there are sufficient resources available to meet commitments as they fall due. Having carried out this review to include current resources and current future trading prospects the director is of the view that the company does have sufficient resources to allow the company to remain in business for the foreseeable future and as such has prepared the accounts on a going concern basis. This takes account of the ongoing impact of COVID-19.

Turnover/revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the Company's activities.

Sales are presented, net of value-added tax, rebates and discounts.

The Company recognises revenue when the amount of revenue and related cost can be reliably measured, it is probable that the collectability of the related receivables is reasonably assured and when the specific criteria for each of the Company's activities are met.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer and office equipment - 33% on cost

Tangible fixed assets are stated at cost less depreciation.

Taxation
Taxation for the year comprises current and deferred 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 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.


Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

2. ACCOUNTING POLICIES - continued
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.

Cash and cash equivalents
Cash and cash equivalents comprise cash held by the company and short term bank deposits with an original maturity of three months or less from inception and are subject to insignificant risk of changes in value.

Impairment of fixed assets
At each reporting date, the company reviews the carrying amounts of its tangible and intangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the amount of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Financial instruments
Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

The company has two main categories of financial instruments, which are loans and other receivables and other financial liabilities:

Loans and other receivables
Loans and other receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. Upon recognition, these assets are measured at fair value less directly related transaction expenses. In successive periods these are measured at amortised cost, and any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value less any allowance for credit losses.

Other financial liabilities
Other financial liabilities are recognised initially at fair value, net of transaction costs incurred. In successive periods these are measured at amortised cost. Any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value.

Impairment of financial instruments
A provision for impairment is established when there is objective evidence that, as a result of one or more events that occurred after the initial recognition, the estimated future cash flows have been impacted.

3. EMPLOYEES AND DIRECTORS

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

Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

4. TANGIBLE FIXED ASSETS
Computer
Fixtures and
and office
fittings equipment Totals
£    £    £   
COST
At 1 December 2021 - 6,788 6,788
Additions 11,000 937 11,937
Disposals - (797 ) (797 )
At 30 November 2022 11,000 6,928 17,928
DEPRECIATION
At 1 December 2021 - 2,680 2,680
Charge for year 2,200 1,997 4,197
Eliminated on disposal - (443 ) (443 )
At 30 November 2022 2,200 4,234 6,434
NET BOOK VALUE
At 30 November 2022 8,800 2,694 11,494
At 30 November 2021 - 4,108 4,108

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 5,880 5,040
Other debtors 86,868 98,945
92,748 103,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 5,500 5,500
Taxation and social security 28,351 29,901
Other creditors 4,012 3,370
37,863 38,771

The bank loan is secured and interest is charged at a commercial rate of interest.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 12,925 17,925

Calan Mathieson Medicolegal Ltd. (Registered number: SC581043)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2022 and 30 November 2021:

2022 2021
£    £   
Calan Mathieson
Balance outstanding at start of year 98,945 16,837
Amounts advanced 100,863 100,081
Amounts repaid (112,940 ) (17,973 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 86,868 98,945

The director's loan account balance is interest free and repayable on demand. Any overdrawn loan balance is cleared within 9 months of the financial year end.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the director by virtue of his majority shareholding in the company.