Company Registration No. 08958987 (England and Wales)
BAINES MEDICAL SERVICES LTD
Unaudited accounts
for the year ended 31 March 2023
BAINES MEDICAL SERVICES LTD
Unaudited accounts
Contents
BAINES MEDICAL SERVICES LTD
Company Information
for the year ended 31 March 2023
Directors
Dr D Baines
Mrs E Baines
Company Number
08958987 (England and Wales)
Registered Office
THE OLD BAKERY
HIGH STREET
TWYWELL
NORTHAMPTONSHIRE
NN14 3AH
Accountants
Nineteen Accountants Limited
207 Rockingham Road
Kettering
United Kingdom
NN16 9JA
BAINES MEDICAL SERVICES LTD
Statement of financial position
as at 31 March 2023
Tangible assets
1,701
2,260
Cash at bank and in hand
85,675
73,463
Creditors: amounts falling due within one year
(12,573)
(18,956)
Net current assets
73,102
54,507
Called up share capital
4
4
Profit and loss account
74,799
56,763
Shareholders' funds
74,803
56,767
For the year ending 31 March 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.
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 20 November 2023 and were signed on its behalf by
Dr D Baines
Director
Company Registration No. 08958987
BAINES MEDICAL SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2023
BAINES MEDICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 08958987. The registered office is THE OLD BAKERY, HIGH STREET, TWYWELL, NORTHAMPTONSHIRE, NN14 3AH.
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:
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
593
454
Taxes and social security
9,652
10,887
Loans from directors
1,128
7,615
BAINES MEDICAL SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).