Registered number
09754607
PRIME MEDICAL STAFFING LIMITED
Filleted Accounts
31 December 2023
PRIME MEDICAL STAFFING LIMITED
Registered number: 09754607
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 10,703 25,507
Cash at bank and in hand 15 2,361
10,718 27,868
Creditors: amounts falling due within one year 4 (129,988) (62,047)
Net current liabilities (119,270) (34,179)
Net liabilities (119,270) (34,179)
Capital and reserves
Called up share capital 4 4
Profit and loss account (119,274) (34,183)
Shareholders' funds (119,270) (34,179)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mark Burrell
Director
Approved by the board on 20/08/2024
PRIME MEDICAL STAFFING LIMITED
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2023 2022
£ £
Trade debtors 10,703 21,007
Other debtors - 4,500
10,703 25,507
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 25,947 35,833
Trade creditors 2,128 657
Invoice finance facility 9,854 5,744
Taxation and social security costs - 3,553
Other creditors 92,059 16,260
129,988 62,047
5 Other information
PRIME MEDICAL STAFFING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
214 Grangewood House
43 Oakwood Hill
Loughton
England
IG10 3TZ
PRIME MEDICAL STAFFING LIMITED 09754607 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Mark Burrell No description of principal activity 09754607 2021-09-01 2022-12-31 09754607 core:WithinOneYear 2022-12-31 09754607 core:ShareCapital 2022-12-31 09754607 core:RetainedEarningsAccumulatedLosses 2022-12-31 09754607 2023-01-01 2023-12-31 09754607 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09754607 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09754607 bus:Director40 2023-01-01 2023-12-31 09754607 countries:England 2023-01-01 2023-12-31 09754607 bus:FRS102 2023-01-01 2023-12-31 09754607 bus:FilletedAccounts 2023-01-01 2023-12-31 09754607 2023-12-31 09754607 core:WithinOneYear 2023-12-31 09754607 core:ShareCapital 2023-12-31 09754607 core:RetainedEarningsAccumulatedLosses 2023-12-31 09754607 2022-12-31 iso4217:GBP xbrli:pure