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Company Registration No. 08958987 (England and Wales)
BAINES MEDICAL SERVICES LTD Unaudited accounts for the year ended 31 March 2024
BAINES MEDICAL SERVICES LTD Unaudited accounts Contents
Page
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BAINES MEDICAL SERVICES LTD Company Information for the year ended 31 March 2024
Directors
Dr D Baines Mrs E Baines
Company Number
08958987 (England and Wales)
Registered Office
THE OLD BAKERY HIGH STREET TWYWELL NORTHAMPTONSHIRE NN14 3AH
Accountants
Nineteen Accountants Limited 207 Rockingham Road Kettering United Kingdom NN16 9JA
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BAINES MEDICAL SERVICES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,769 
1,701 
Current assets
Cash at bank and in hand
81,062 
85,675 
Creditors: amounts falling due within one year
(7,852)
(12,573)
Net current assets
73,210 
73,102 
Net assets
102,979 
74,803 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
102,975 
74,799 
Shareholders' funds
102,979 
74,803 
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 7 October 2024 and were signed on its behalf by
Dr D Baines Director Company Registration No. 08958987
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BAINES MEDICAL SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
BAINES MEDICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 08958987. The registered office is THE OLD BAKERY, HIGH STREET, TWYWELL, NORTHAMPTONSHIRE, NN14 3AH.
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.
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:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
6,989 
6,989 
Additions
35,270 
3,661 
38,931 
At 31 March 2024
35,270 
10,650 
45,920 
Depreciation
At 1 April 2023
- 
5,288 
5,288 
Charge for the year
7,348 
3,515 
10,863 
At 31 March 2024
7,348 
8,803 
16,151 
Net book value
At 31 March 2024
27,922 
1,847 
29,769 
At 31 March 2023
- 
1,701 
1,701 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
219 
593 
Taxes and social security
4,766 
9,652 
Loans from directors
1,667 
1,128 
Accruals
1,200 
1,200 
7,852 
12,573 
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BAINES MEDICAL SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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