J S MEDICAL LTD
Data not obtained from trial balance AutoHide is on
Enter data in the white spaces Enter numbers as + unless indicated Current year Comparative
Units (eg £ or £000) £ include a trailing space
Company registration number 11219045
Date
Approval date of the accounts by the board 03/10/2024
Date
Date of signing on the audit/accountants report 03/10/2024
Date of engagement letter (required for Date
CA and ACCA reports)
Person signing directors' report:
Name of director Dr Jared Burki
Or, name of secretary
Name of director signing balance sheet Dr Jared Burki
Address of registered office:
Address line 1 Suite 2, Parkway 5
Address line 2 Parkway Business Centre
City or town 300 Princess Road
County or region Manchester
Postcode M14 7HR
Name of auditors/accountants Clearcut Accounting
Type of firm (eg Chartered Accountants) Accountants and Tax Advisers
Address of auditors/accountants
Address line 1 Suite 2 Parkway 5
Address line 2 Parkway Business Centre
City or town 300 Princess Road
County or region Manchester
Postcode M14 7HR
Prior year adjustments (+ for a gain; - for a loss) £
Correction of prior year errors
Effect of retrospective changes in accounting policies
More info on prior year adjustments
Number Number
Average number of persons employed by the company 2 2
Registered number
11219045
J S MEDICAL LTD
Filleted Accounts
31 January 2024
J S MEDICAL LTD
Registered number: 11219045
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 95,425 111,085
Current assets
Debtors 4 15,701 40,896
Cash at bank and in hand 62,985 7,194
78,686 48,090
Creditors: amounts falling due within one year 5 (29,486) (29,331)
Net current assets 49,200 18,759
Net assets 144,625 129,844
Capital and reserves
Called up share capital 2 2
Profit and loss account 144,623 129,842
Shareholders' funds 144,625 129,844
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.
Dr Jared Burki
Director
Approved by the board on 3 October 2024
J S MEDICAL LTD
Notes to the Accounts
for the year ended 31 January 2024
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
FA - Plant and Machinery 25% SL
FA - Equipment fixtures & Fittings 15% R.B
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Equipment, Fixtures & Fittings Total
£ £ £
Cost
At 1 February 2023 6,134 125,107 131,241
Additions 1,449 - 1,449
At 31 January 2024 7,583 125,107 132,690
Depreciation
At 1 February 2023 2,781 17,375 20,156
Charge for the year 929 16,180 17,109
At 31 January 2024 3,710 33,555 37,265
Net book value
At 31 January 2024 3,873 91,552 95,425
At 31 January 2023 3,353 107,732 111,085
4 Debtors 2024 2023
£ £
Other debtors 15,701 40,896
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 29,486 26,150
Other creditors - 3,181
29,486 29,331
6 Controlling party
The directors control the company.
7 Other information
J S MEDICAL LTD is a private company limited by shares and incorporated in England. Its registered office is:
Suite 2, Parkway 5
Parkway Business Centre
300 Princess Road
Manchester
M14 7HR
J S MEDICAL LTD 11219045 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts July 2024 Dr Jared Burki No description of principal activity 11219045 2022-02-01 2023-01-31 11219045 core:WithinOneYear 2023-01-31 11219045 core:ShareCapital 2023-01-31 11219045 core:RetainedEarningsAccumulatedLosses 2023-01-31 11219045 2023-02-01 2024-01-31 11219045 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11219045 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11219045 bus:Director40 2023-02-01 2024-01-31 11219045 1 2023-02-01 2024-01-31 11219045 2 2023-02-01 2024-01-31 11219045 core:PlantMachinery 2023-02-01 2024-01-31 11219045 core:Vehicles 2023-02-01 2024-01-31 11219045 countries:England 2023-02-01 2024-01-31 11219045 bus:FRS102 2023-02-01 2024-01-31 11219045 bus:FilletedAccounts 2023-02-01 2024-01-31 11219045 2024-01-31 11219045 core:WithinOneYear 2024-01-31 11219045 core:ShareCapital 2024-01-31 11219045 core:RetainedEarningsAccumulatedLosses 2024-01-31 11219045 core:PlantMachinery 2024-01-31 11219045 core:Vehicles 2024-01-31 11219045 2023-01-31 11219045 core:PlantMachinery 2023-01-31 11219045 core:Vehicles 2023-01-31 iso4217:GBP xbrli:pure