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Company Registration No. 11202811 (England and Wales)
North Medical Services Ltd Unaudited accounts for the year ended 29 February 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of North Medical Services Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of North Medical Services Ltd for the year ended 29 February 2024 as set out on pages 3 - 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Sigma Chartered Accountants Chartered Accountants J O Hunter House 409 Bradford Road Huddersfield West Yorkshire HD2 2RB 2 September 2024
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North Medical Services Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,565 
221 
Current assets
Debtors
79 
75 
Cash at bank and in hand
67,831 
61,906 
67,910 
61,981 
Creditors: amounts falling due within one year
(24,677)
(20,178)
Net current assets
43,233 
41,803 
Total assets less current liabilities
44,798 
42,024 
Provisions for liabilities
Deferred tax
(297)
(42)
Net assets
44,501 
41,982 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
44,500 
41,981 
Shareholders' funds
44,501 
41,982 
For the year ending 29 February 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 director acknowledges her 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 and authorised for issue on 2 September 2024 and were signed on its behalf by
Dr Sheeba Riaz Director Company Registration No. 11202811
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North Medical Services Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
North Medical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11202811. The registered office is 5 Thurston Close, Bury, BL9 8NW, United Kingdom.
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:
Computer equipment
25% on cost.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2023
1,516 
Additions
1,989 
At 29 February 2024
3,505 
Depreciation
At 1 March 2023
1,295 
Charge for the year
645 
At 29 February 2024
1,940 
Net book value
At 29 February 2024
1,565 
At 28 February 2023
221 
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North Medical Services Ltd Notes to the Accounts for the year ended 29 February 2024
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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