Company Registration No. 08387668 (England and Wales)
Concierge Medical Practice Limited
Unaudited accounts
for the year ended 28 February 2023
Concierge Medical Practice Limited
Unaudited accounts
Contents
Concierge Medical Practice Limited
Company Information
for the year ended 28 February 2023
Directors
Dr Karl Braine
Dr Simon Gillson
Mrs Kathleen Carrick
Secretary
Mrs Kathleen Carrick
Company Number
08387668 (England and Wales)
Registered Office
Lynley House Moreton Paddox
Moreton Morrell
Warwick
Warwickshire
CV35 9BU
England
Accountants
Burrowdale Accountancy Services Ltd
149 Duggins Lane
Coventry
West Midlands
CV4 9GP
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Concierge Medical Practice Limited
for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Concierge Medical Practice Limited for the year ended
28 February 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Burrowdale Accountancy Services Ltd
Chartered Certified Accountants
149 Duggins Lane
Coventry
West Midlands
CV4 9GP
16 November 2023
Concierge Medical Practice Limited
Statement of financial position
as at 28 February 2023
Tangible assets
5,066
4,896
Cash at bank and in hand
690,813
743,252
Creditors: amounts falling due within one year
(177,673)
(217,058)
Net current assets
644,698
678,602
Total assets less current liabilities
649,764
683,498
Creditors: amounts falling due after more than one year
(133,874)
(237,000)
Net assets
515,890
446,498
Called up share capital
117
117
Share premium
32,585
32,585
Profit and loss account
483,188
413,796
Shareholders' funds
515,890
446,498
For the year ending 28 February 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 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 the year in accordance with Section 444(2A).
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 16 November 2023 and were signed on its behalf by
Mrs Kathleen Carrick
Director
Company Registration No. 08387668
Concierge Medical Practice Limited
Notes to the Accounts
for the year ended 28 February 2023
Concierge Medical Practice Limited is a private company, limited by shares, registered in England and Wales, registration number 08387668. The registered office is Lynley House Moreton Paddox, Moreton Morrell, Warwick, Warwickshire, CV35 9BU, 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.
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.
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.
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
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Stocks and Work in Progress
Stocks and work in progress have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Concierge Medical Practice Limited
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 30 (2022: 3).