Company Registration No. SC591054 (Scotland)
M & G HEALTHCARE SERVICES LIMITED
Unaudited accounts
for the year ended 31 March 2024
M & G HEALTHCARE SERVICES LIMITED
Unaudited accounts
Contents
M & G HEALTHCARE SERVICES LIMITED
Company Information
for the year ended 31 March 2024
Directors
Emeka Offor
Susan Ezenwobodo
Company Number
SC591054 (Scotland)
Registered Office
4 Shore Place
Edinburgh
EH6 6SW
Scotland
M & G HEALTHCARE SERVICES LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
151,758
46,133
Cash at bank and in hand
1,849,401
1,383,429
Creditors: amounts falling due within one year
(738,719)
(551,074)
Net current assets
1,127,384
849,057
Total assets less current liabilities
1,279,142
895,190
Creditors: amounts falling due after more than one year
(154,318)
(48,682)
Net assets
1,124,824
846,508
Called up share capital
300
300
Profit and loss account
1,124,524
846,208
Shareholders' funds
1,124,824
846,508
For the year ending 31 March 2024 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.
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 25 September 2024 and were signed on its behalf by
Emeka Offor
Director
Company Registration No. SC591054
M & G HEALTHCARE SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
M & G HEALTHCARE SERVICES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC591054. The registered office is 4 Shore Place, Edinburgh, EH6 6SW, Scotland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
89,909
39,323
18,332
147,564
Additions
171,759
1,701
5,155
178,615
Disposals
(34,220)
-
-
(34,220)
At 31 March 2024
227,448
41,024
23,487
291,959
At 1 April 2023
72,909
17,395
11,127
101,431
Charge for the year
56,862
10,256
5,872
72,990
On disposals
(34,220)
-
-
(34,220)
At 31 March 2024
95,551
27,651
16,999
140,201
At 31 March 2024
131,897
13,373
6,488
151,758
At 31 March 2023
17,000
21,928
7,205
46,133
M & G HEALTHCARE SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
3,000
3,000
Other debtors
13,702
13,702
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,175
9,984
Obligations under finance leases and hire purchase contracts
23,429
15,918
Trade creditors
277,045
207,000
Taxes and social security
81,106
131,953
Other creditors
136,920
10,000
Loans from directors
210,044
176,219
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
141,991
26,165
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Average number of employees
During the year the average number of employees was 135 (2023: 78).