ST. JAMES MEDICAL PRACTICE LTD

Company Registration Number:
07073342 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

ST. JAMES MEDICAL PRACTICE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

ST. JAMES MEDICAL PRACTICE LTD

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Dr S Kawar
Dr P Kawar


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 November 2024

And signed on behalf of the board by:
Name: Dr S Kawar
Status: Director

ST. JAMES MEDICAL PRACTICE LTD

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 43,151 52,792
Total fixed assets: 43,151 52,792
Current assets
Debtors: 4 235,554 170,602
Cash at bank and in hand: 174,678 269,275
Total current assets: 410,232 439,877
Creditors: amounts falling due within one year: 5 ( 429,137 ) ( 457,555 )
Net current assets (liabilities): (18,905) (17,678)
Total assets less current liabilities: 24,246 35,114
Creditors: amounts falling due after more than one year: 6 ( 23,734 ) ( 34,289 )
Total net assets (liabilities): 512 825
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 510 823
Total Shareholders' funds: 512 825

The notes form part of these financial statements

ST. JAMES MEDICAL PRACTICE LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 4 November 2024
and signed on behalf of the board by:

Name: Dr S Kawar
Status: Director

The notes form part of these financial statements

ST. JAMES MEDICAL PRACTICE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

ST. JAMES MEDICAL PRACTICE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 39 41

ST. JAMES MEDICAL PRACTICE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 13,767 28,898 73,451 116,116
Additions 2,810 823 0 3,633
Disposals
Revaluations
Transfers
At 31 March 2024 16,577 29,721 73,451 119,749
Depreciation
At 1 April 2023 13,264 17,633 32,427 63,324
Charge for year 1,205 1,813 10,256 13,274
On disposals
Other adjustments
At 31 March 2024 14,469 19,446 42,683 76,598
Net book value
At 31 March 2024 2,108 10,275 30,768 43,151
At 31 March 2023 503 11,265 41,024 52,792

ST. JAMES MEDICAL PRACTICE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Other debtors 235,554 170,602
Total 235,554 170,602

ST. JAMES MEDICAL PRACTICE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 21,467 17,580
Other creditors 407,670 439,975
Total 429,137 457,555

ST. JAMES MEDICAL PRACTICE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 23,734 34,289
Total 23,734 34,289