Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falsesurgical consultancy services43falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10090749 2023-04-01 2024-03-31 10090749 2022-04-01 2023-03-31 10090749 2024-03-31 10090749 2023-03-31 10090749 c:Director1 2023-04-01 2024-03-31 10090749 d:MotorVehicles 2023-04-01 2024-03-31 10090749 d:MotorVehicles 2024-03-31 10090749 d:MotorVehicles 2023-03-31 10090749 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10090749 d:OfficeEquipment 2023-04-01 2024-03-31 10090749 d:OfficeEquipment 2024-03-31 10090749 d:OfficeEquipment 2023-03-31 10090749 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10090749 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10090749 d:CurrentFinancialInstruments 2024-03-31 10090749 d:CurrentFinancialInstruments 2023-03-31 10090749 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10090749 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10090749 d:ShareCapital 2024-03-31 10090749 d:ShareCapital 2023-03-31 10090749 d:RetainedEarningsAccumulatedLosses 2024-03-31 10090749 d:RetainedEarningsAccumulatedLosses 2023-03-31 10090749 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 10090749 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 10090749 c:FRS102 2023-04-01 2024-03-31 10090749 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10090749 c:FullAccounts 2023-04-01 2024-03-31 10090749 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10090749 2 2023-04-01 2024-03-31 10090749 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 10090749 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 10090749 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10090749









GENERAL SURGICAL CARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
GENERAL SURGICAL CARE LIMITED
REGISTERED NUMBER: 10090749

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
39,229
3,300

  
39,229
3,300

Current assets
  

Debtors: amounts falling due within one year
 5 
8,868
14,079

Cash at bank and in hand
 6 
77,215
76,376

  
86,083
90,455

Creditors: amounts falling due within one year
 7 
(10,481)
(21,439)

Net current assets
  
 
 
75,602
 
 
69,016

Total assets less current liabilities
  
114,831
72,316

Provisions for liabilities
  

Deferred tax
 9 
(7,454)
(627)

  
 
 
(7,454)
 
 
(627)

Net assets
  
107,377
71,689


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
107,367
71,679

  
107,377
71,689


Page 1

 
GENERAL SURGICAL CARE LIMITED
REGISTERED NUMBER: 10090749
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 August 2024.

................................................
Mr. V. Trompetas
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
GENERAL SURGICAL CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The entity is a private limited company incorporated in England & Wales. The company's registered office is located at Little Acres, Chapel Lane, Nomansland, Wiltshire. The principal activity during the year was the provision of surgical consultancy services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
GENERAL SURGICAL CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
GENERAL SURGICAL CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance basis
Office equipment
-
3 years straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless
Page 5

 
GENERAL SURGICAL CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.12
Financial instruments (continued)

the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 3).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
-
11,349
11,349


Additions
51,138
709
51,847



At 31 March 2024

51,138
12,058
63,196



Depreciation


At 1 April 2023
-
8,049
8,049


Charge for the year on owned assets
12,785
3,133
15,918



At 31 March 2024

12,785
11,182
23,967



Net book value



At 31 March 2024
38,353
876
39,229



At 31 March 2023
-
3,300
3,300

Page 6

 
GENERAL SURGICAL CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
2,953
7,211

Other debtors
-
1,000

Prepayments and accrued income
5,915
5,868

8,868
14,079



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
77,215
76,376

77,215
76,376



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,347
1,764

Corporation tax
2,110
9,923

Other creditors
3,748
6,433

Accruals and deferred income
3,276
3,319

10,481
21,439



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
77,215
76,376




Financial assets measured at fair value through profit or loss comprise cash at bank. 

Page 7

 
GENERAL SURGICAL CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Deferred taxation




2024


£






At beginning of year
(627)


Charged to profit or loss
(6,827)



At end of year
(7,454)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(7,454)
(627)

(7,454)
(627)


10.


Pension commitments

Pension contributions were made during the year on behalf of the directors. The directors consider there was no obligation to make this contribution and there is no formal commitment to make future contributions. 


11.


Related party transactions

At the beginning of the year the directors were owed a combined total of £6,433. This was drawn by them in the year. During the year the directors claimed net expenses paid on behalf of the company of £2,718, were voted drawn dividends of £1,000 each and withdrew £970. The balance of £3,748 was outstanding to them at year end. 

 
Page 8