Company Registration No. 07536217 (England and Wales)
General Medics Ltd
Unaudited accounts
for the year ended 31 July 2023
General Medics Ltd
Unaudited accounts
Contents
General Medics Ltd
Company Information
for the year ended 31 July 2023
Director
Mrs Anwar Al Hussaini
Company Number
07536217 (England and Wales)
Registered Office
3 Rotherwick Hill
London
Middx
W5 3EQ
Accountants
AccounTax Care Ltd
4 The Squirrels
PInner
Middx
HA5 3BD
General Medics Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
27,995
36,393
Cash at bank and in hand
695,667
409,768
Creditors: amounts falling due within one year
(159,937)
(30,415)
Net current assets
535,730
379,353
Net assets
563,725
415,746
Called up share capital
100
100
Profit and loss account
563,625
415,646
Shareholders' funds
563,725
415,746
For the year ending 31 July 2023 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 director acknowledges her 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 and authorised for issue on 30 September 2023 and were signed on its behalf by
Mrs Anwar Al Hussaini
Director
Company Registration No. 07536217
General Medics Ltd
Notes to the Accounts
for the year ended 31 July 2023
General Medics Ltd is a private company, limited by shares, registered in England and Wales, registration number 07536217. The registered office is 3 Rotherwick Hill, London, Middx, W5 3EQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Basis
Motor vehicles
20% Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
750
41,990
42,740
At 31 July 2023
750
41,990
42,740
At 1 August 2022
749
5,598
6,347
Charge for the year
-
8,398
8,398
At 31 July 2023
749
13,996
14,745
At 31 July 2023
1
27,994
27,995
At 31 July 2022
1
36,392
36,393
General Medics Ltd
Notes to the Accounts
for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
53,526
13,205
Proposed dividends
32,667
-
Other creditors
58,267
10,000
Loans from directors
14,677
6,710
6
Average number of employees
During the year the average number of employees was 1 (2022: 0).