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REGISTERED NUMBER: 10672110 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

SANDCREST MEDICAL LTD

SANDCREST MEDICAL LTD (REGISTERED NUMBER: 10672110)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SANDCREST MEDICAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Dr C Loew
Dr O E Drew





REGISTERED OFFICE: 28a The Hundred
Romsey
Hampshire
SO51 8BW





REGISTERED NUMBER: 10672110 (England and Wales)





ACCOUNTANTS: Kumar Associates
Chartered Certified Accountants
28a The Hundred
Romsey
Hampshire
SO51 8BW

SANDCREST MEDICAL LTD (REGISTERED NUMBER: 10672110)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,742 1,451

CURRENT ASSETS
Debtors 5 23,413 23,046
Cash at bank 91,770 75,779
115,183 98,825
CREDITORS
Amounts falling due within one year 6 36,083 47,290
NET CURRENT ASSETS 79,100 51,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,842

52,986

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 80,692 52,836
SHAREHOLDERS' FUNDS 80,842 52,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





Dr C Loew - Director


SANDCREST MEDICAL LTD (REGISTERED NUMBER: 10672110)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Sandcrest Medical Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 6,001
Additions 2,032
At 31 March 2023 8,033
DEPRECIATION
At 1 April 2022 4,550
Charge for year 1,741
At 31 March 2023 6,291
NET BOOK VALUE
At 31 March 2023 1,742
At 31 March 2022 1,451

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,413 23,046

SANDCREST MEDICAL LTD (REGISTERED NUMBER: 10672110)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 2,047
Taxation and social security 12,940 9,552
Other creditors 23,143 35,691
36,083 47,290