1 January 2023 false No description of principal activity Taxfiler 2024.5 SC459652business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC4596522022-12-31 SC4596522023-01-012023-12-31 SC459652business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC459652business:AbridgedAccounts2023-01-012023-12-31 SC4596522023-12-31 SC459652business:Director12023-01-012023-12-31 SC459652business:Director22023-01-012023-12-31 SC459652business:RegisteredOffice2023-01-012023-12-31 SC4596522022-12-31 SC459652core:WithinOneYear2023-12-31 SC459652core:WithinOneYear2022-12-31 SC459652core:AfterOneYear2023-12-31 SC459652core:AfterOneYear2022-12-31 SC459652core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC459652core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC459652core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC459652core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC459652core:PreviouslyStatedAmount2023-12-31 SC459652core:PreviouslyStatedAmount2022-12-31 SC459652business:SmallEntities2023-01-012023-12-31 SC459652countries:Scotland2023-01-012023-12-31 SC459652core:MotorVehicles2023-01-012023-12-31 SC459652core:FurnitureFittings2023-01-012023-12-31 SC459652core:ComputerEquipment2023-01-012023-12-31 SC4596522022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC459652 (Scotland)
Mr Radiology Limited Unaudited accounts for the year ended 31 December 2023
Mr Radiology Limited Unaudited accounts Contents
Page
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Mr Radiology Limited Company Information for the year ended 31 December 2023
Directors
D A M Eason D Eason
Company Number
SC459652 (Scotland)
Registered Office
Struan Beag Slackbuie Way Inverness IV2 6AT
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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Mr Radiology Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,313 
80,999 
Investment property
504,552 
504,552 
563,865 
585,551 
Current assets
Debtors
86,848 
69,393 
Cash at bank and in hand
7,652 
17,338 
94,500 
86,731 
Creditors: amounts falling due within one year
(73,145)
(46,658)
Net current assets
21,355 
40,073 
Total assets less current liabilities
585,220 
625,624 
Creditors: amounts falling due after more than one year
(250,575)
(272,933)
Provisions for liabilities
Deferred tax
(14,060)
(17,067)
Net assets
320,585 
335,624 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
320,584 
335,623 
Shareholders' funds
320,585 
335,624 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 September 2024 and were signed on its behalf by
D A M Eason Director Company Registration No. SC459652
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Mr Radiology Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Mr Radiology Limited is a private company, limited by shares, registered in Scotland, registration number SC459652. The registered office is Struan Beag, Slackbuie Way, Inverness, IV2 6AT.
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:
Motor vehicles
20% reducing balance
Fixtures & fittings
25% straight line
Computer equipment
33% straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Mr Radiology Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
123,114 
Additions
349 
At 31 December 2023
123,463 
Depreciation
At 1 January 2023
42,115 
Charge for the year
22,035 
At 31 December 2023
64,150 
Net book value
At 31 December 2023
59,313 
At 31 December 2022
80,999 
5
Loans to directors
Included in debtors is a loan to the director D A M Eason of £50,830 (2022 - £29,918). Interest is being charged at the statutory rate.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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