IRIS Accounts Production v24.2.0.383 08313918 director 1.12.22 30.11.23 30.11.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083139182022-11-30083139182023-11-30083139182022-12-012023-11-30083139182021-11-30083139182021-12-012022-11-30083139182022-11-3008313918ns15:EnglandWales2022-12-012023-11-3008313918ns14:PoundSterling2022-12-012023-11-3008313918ns10:Director12022-12-012023-11-3008313918ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008313918ns10:SmallEntities2022-12-012023-11-3008313918ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008313918ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008313918ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008313918ns10:FullAccounts2022-12-012023-11-3008313918ns10:OrdinaryShareClass12022-12-012023-11-3008313918ns10:RegisteredOffice2022-12-012023-11-3008313918ns5:CurrentFinancialInstruments2023-11-3008313918ns5:CurrentFinancialInstruments2022-11-3008313918ns5:Non-currentFinancialInstruments2023-11-3008313918ns5:Non-currentFinancialInstruments2022-11-3008313918ns5:ShareCapital2023-11-3008313918ns5:ShareCapital2022-11-3008313918ns5:RetainedEarningsAccumulatedLosses2023-11-3008313918ns5:RetainedEarningsAccumulatedLosses2022-11-3008313918ns5:FurnitureFittings2022-12-012023-11-3008313918ns5:ComputerEquipment2022-12-012023-11-3008313918ns5:FurnitureFittings2022-11-3008313918ns5:ComputerEquipment2022-11-3008313918ns5:FurnitureFittings2023-11-3008313918ns5:ComputerEquipment2023-11-3008313918ns5:FurnitureFittings2022-11-3008313918ns5:ComputerEquipment2022-11-3008313918ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3008313918ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-11-3008313918ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-3008313918ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-3008313918ns10:OrdinaryShareClass12023-11-3008313918ns5:RetainedEarningsAccumulatedLosses2022-11-3008313918ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30
REGISTERED NUMBER: 08313918 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

HOSSACK MEDICAL SERVICES LIMITED

HOSSACK MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 08313918)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOSSACK MEDICAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Dr J R Hossack





REGISTERED OFFICE: Office 25
Oaktree Court Business Centre
Ness
Cheshire
CH64 8TP





REGISTERED NUMBER: 08313918 (England and Wales)





ACCOUNTANTS: Michael Donnan & Co Limited
Oaktree Court Business Ctr
Mill Lane
Ness
Cheshire
CH64 8TP

HOSSACK MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 08313918)

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 847 597

CURRENT ASSETS
Stocks 1,000 4,000
Debtors 5 - 270
Cash at bank 135,191 84,097
136,191 88,367
CREDITORS
Amounts falling due within one year 6 60,104 42,125
NET CURRENT ASSETS 76,087 46,242
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,934

46,839

CREDITORS
Amounts falling due after more than
one year

7

15,194

21,321
NET ASSETS 61,740 25,518

CAPITAL AND RESERVES
Called up share capital 8 446 446
Retained earnings 9 61,294 25,072
SHAREHOLDERS' FUNDS 61,740 25,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HOSSACK MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 08313918)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 director and authorised for issue on 31 May 2024 and were signed by:





Dr J R Hossack - Director


HOSSACK MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 08313918)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Hossack Medical Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Transactions are rounded to the nearest £.

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.

Turnover
Turnover represents net amounts receivable for services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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.


HOSSACK MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 08313918)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2022 558 3,109 3,667
Additions - 571 571
At 30 November 2023 558 3,680 4,238
DEPRECIATION
At 1 December 2022 128 2,942 3,070
Charge for year 140 181 321
At 30 November 2023 268 3,123 3,391
NET BOOK VALUE
At 30 November 2023 290 557 847
At 30 November 2022 430 167 597

HOSSACK MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 08313918)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Tax - 270

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 7,000 7,107
Tax 21,276 17,999
Directors' current accounts 30,328 15,519
Accrued expenses 1,500 1,500
60,104 42,125

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans - 1-2 years 7,000 7,107
Bank loans - 2-5 years 8,194 14,214
15,194 21,321

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/23 30/11/22
value: £    £   
446 Ordinary £1 446 446

9. RESERVES
Retained
earnings
£   

At 1 December 2022 25,072
Profit for the year 77,222
Dividends (41,000 )
At 30 November 2023 61,294