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REGISTERED NUMBER: 10605532 (England and Wales)

























Unaudited Financial Statements

for the Period 1 March 2023 to 31 March 2024

for

Specialist Medicolegal Services Ltd

Specialist Medicolegal Services Ltd (Registered number: 10605532)






Contents of the Financial Statements
for the Period 1 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Specialist Medicolegal Services Ltd

Company Information
for the Period 1 March 2023 to 31 March 2024







DIRECTORS: D A Hoad-Reddick
Dr R F Magennis





REGISTERED OFFICE: 2 Station View
Rhino Court
Hazel Grove
Stockport
Cheshire
SK7 5ER





REGISTERED NUMBER: 10605532 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Specialist Medicolegal Services Ltd (Registered number: 10605532)

Balance Sheet
31 March 2024

31.3.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,319 14,164

CURRENT ASSETS
Debtors 5 269,955 214,739
Cash at bank 42,490 16,516
312,445 231,255
CREDITORS
Amounts falling due within one year 6 109,164 129,293
NET CURRENT ASSETS 203,281 101,962
TOTAL ASSETS LESS CURRENT LIABILITIES 245,600 116,126

CREDITORS
Amounts falling due after more than one
year

7

(11,327

)

(21,977

)

PROVISIONS FOR LIABILITIES (2,576 ) (2,691 )
NET ASSETS 231,697 91,458

Specialist Medicolegal Services Ltd (Registered number: 10605532)

Balance Sheet - continued
31 March 2024

31.3.24 28.2.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 231,693 91,454
SHAREHOLDERS' FUNDS 231,697 91,458

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:




D A Hoad-Reddick - Director



Dr R F Magennis - Director


Specialist Medicolegal Services Ltd (Registered number: 10605532)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Specialist Medicolegal Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost, 25% on cost and 10% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

Specialist Medicolegal Services Ltd (Registered number: 10605532)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 30,706
Additions 39,674
At 31 March 2024 70,380
DEPRECIATION
At 1 March 2023 16,542
Charge for period 11,519
At 31 March 2024 28,061
NET BOOK VALUE
At 31 March 2024 42,319
At 28 February 2023 14,164

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 28.2.23
£    £   
Trade debtors 167,929 148,754
Amounts owed by associates 16,377 4,015
Other debtors 85,649 61,970
269,955 214,739

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 28.2.23
£    £   
Bank loans and overdrafts 10,374 10,374
Trade creditors 6,836 8,238
Taxation and social security 82,954 31,266
Other creditors 9,000 79,415
109,164 129,293

Specialist Medicolegal Services Ltd (Registered number: 10605532)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 28.2.23
£    £   
Bank loans 11,327 21,977

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company provided loans to the directors. At the balance sheet date the company was owed £44,184 (2023: £61,970). No interest was charged and no security given. The loans are repayable on demand.

9. RELATED PARTY DISCLOSURES

During the year the company made loans to A Hoad-Reddick Limited, a company under the control of one of the directors. At the balance sheet date the company was owed £16,377 (2023: £4,015).

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.