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Company Registration No. 11794705 (England and Wales)
Medical Imaging Service Limited Unaudited accounts for the year ended 31 March 2023
Medical Imaging Service Limited Unaudited accounts Contents
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Medical Imaging Service Limited Company Information for the year ended 31 March 2023
Directors
Chui Ha SIU Chi Leung TAM
Company Number
11794705 (England and Wales)
Registered Office
20 BURTON ROAD DIDSBURY MANCHESTER LANCASHIRE M20 3ED UNITED KINGDOM
Accountants
Lams Accountants 20 Burton Road Didsbury Manchester Greater Manchester M20 3ED
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Medical Imaging Service Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,290 
2,208 
Current assets
Debtors
9,590 
5,000 
Cash at bank and in hand
81,580 
67,233 
91,170 
72,233 
Creditors: amounts falling due within one year
(27,193)
(23,643)
Net current assets
63,977 
48,590 
Total assets less current liabilities
66,267 
50,798 
Creditors: amounts falling due after more than one year
23,489 
23,489 
Net assets
89,756 
74,287 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
89,754 
74,285 
Shareholders' funds
89,756 
74,287 
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 1 December 2023 and were signed on its behalf by
Chui Ha SIU Director Company Registration No. 11794705
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Medical Imaging Service Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Medical Imaging Service Limited is a private company, limited by shares, registered in England and Wales, registration number 11794705. The registered office is 20 BURTON ROAD, DIDSBURY, MANCHESTER, LANCASHIRE, M20 3ED, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
20% Reducing balance
Computer equipment
25% Reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Medical Imaging Service Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
300 
3,332 
3,632 
Additions
655 
- 
655 
At 31 March 2023
955 
3,332 
4,287 
Depreciation
At 1 April 2022
131 
1,293 
1,424 
Charge for the year
63 
510 
573 
At 31 March 2023
194 
1,803 
1,997 
Net book value
At 31 March 2023
761 
1,529 
2,290 
At 31 March 2022
169 
2,039 
2,208 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,000 
- 
Other debtors
4,590 
5,000 
9,590 
5,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
6,000 
- 
Taxes and social security
4,608 
11,187 
Proposed dividends
8,000 
- 
Other creditors
- 
4,000 
Loans from directors
8,510 
8,386 
Accruals
75 
70 
27,193 
23,643 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
(23,489)
(23,489)
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Medical Imaging Service Limited Notes to the Accounts for the year ended 31 March 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Chi Leung TAM
HMRC Self Assessment Income Tax Loan
23,489 
- 
- 
23,489 
23,489 
- 
- 
23,489 
Director has borrowed varies of loan from the company since 23/12/2019, and agreed based on Bank of England average loan interest as on March every year i.e. 5.50% for March 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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