ACRE MEDICAL SERVICES LIMITED

Company Registration Number:
04999200 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

ACRE MEDICAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

ACRE MEDICAL SERVICES LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 834,503 878,424
Tangible assets: 4 612,787 621,270
Total fixed assets: 1,447,290 1,499,694
Current assets
Debtors:   973,701 944,675
Cash at bank and in hand: 436,691 196,067
Investments:   900,000 900,000
Total current assets: 2,310,392 2,040,742
Creditors: amounts falling due within one year:   (451,623) (452,587)
Net current assets (liabilities): 1,858,769 1,588,155
Total assets less current liabilities: 3,306,059 3,087,849
Creditors: amounts falling due after more than one year:   (634,346) (846,780)
Total net assets (liabilities): 2,671,713 2,241,069
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,671,613 2,240,969
Shareholders funds: 2,671,713 2,241,069

The notes form part of these financial statements

ACRE MEDICAL SERVICES LIMITED

Balance sheet statements

For the year ending 31 December 2022 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 01 December 2023
and signed on behalf of the board by:

Name: Mrs B.D. THAKRAR
Status: Director

The notes form part of these financial statements

ACRE MEDICAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

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

ACRE MEDICAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 16 18

ACRE MEDICAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 2,024,388
At 31 December 2022 2,024,388
Amortisation
At 01 January 2022 1,145,964
Charge for year 43,921
At 31 December 2022 1,189,885
Net book value
At 31 December 2022 834,503
At 31 December 2021 878,424

ACRE MEDICAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 783,124
Additions 2,653
At 31 December 2022 785,777
Depreciation
At 01 January 2022 161,854
Charge for year 11,136
At 31 December 2022 172,990
Net book value
At 31 December 2022 612,787
At 31 December 2021 621,270