REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
SURGICAL INDEMNITY SCHEME LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
SURGICAL INDEMNITY SCHEME LIMITED |
SURGICAL INDEMNITY SCHEME LIMITED (REGISTERED NUMBER: 07596523) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SURGICAL INDEMNITY SCHEME LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
60 High Street |
Chobham |
Surrey |
GU24 8AA |
SURGICAL INDEMNITY SCHEME LIMITED (REGISTERED NUMBER: 07596523) |
BALANCE SHEET |
31 DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 were approved by the Board of Directors and authorised for issue on |
SURGICAL INDEMNITY SCHEME LIMITED (REGISTERED NUMBER: 07596523) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
Surgical Indemnity Scheme Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have considered the going concern position of the company for a period of not less than 12 months from the date of signing this report. At 31 December 2022 the company had net liabilities of £745. The holding company has confirmed that it will provide full support to the company for a period of at least 12 months from the date of signing of the accounts.. Therefore these financial statements are prepared under the going concern basis. |
Turnover |
Turnover represents commission receivable on introductions made to the insurance broker. |
Tangible fixed assets |
Fixtures and fittings | - |
Taxation |
Taxation for the year comprises current 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 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
SURGICAL INDEMNITY SCHEME LIMITED (REGISTERED NUMBER: 07596523) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 January 2023 |
and 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
and 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
7. | RELATED PARTY DISCLOSURES |
During the year the parent company Association of Surgeons of Great Britain and Ireland Limited was owed a balance of £3,667 (2021:£8615), this amount remains outstanding at the balance sheet date. |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Association of Surgeons of GreatBritain and Ireland Limited. |
The company is controlled by its parent, by virtue of its 100% interest in the issued ordinary share capital of the company. |