Medical Data Solutions and Services Ltd. is owned and controlled by Dr Robert Hollingsworth and Mrs Emma Hollingsworth and is an associated company.
ERHIT Limited was formed in August 2011 to pursue new trading opportunities unconnected to existing contracts which then constituted the basis of trade of Medical Data Solutions and Services Ltd.
The expense base of the combined entities is focused within Medical Data Solutions and Services Ltd. An equitable allocation of expenses and division of profits between each company is achieved by means of contract charges levied on ERHIT Limited by Medical Data Solutions and Services Limited.
Contract charges after adjusting for opening and closing accruals were as follows:
Wages and Other Direct Costs £390,000 (2023 £375,000)
Occupancy Expenses £18,000 (2023 £18,000)
Computer Expenses £16,000 (2023 £15,000)
Management Charge £60,000 (2023 £56,000)
The amount owed by ERHIT Limited to Medical Data Solutions and Services Ltd. at the year end date was £130,599 (2023 £593,839)
Contract charges for the year ended 28 February 2024 totalling £484,000 excluding VAT (2023 £464,000) were invoiced by Medical Data Solutions and Services Ltd. In two equal instalments on 1 September 2023 and 1 March 2024. The second instalment totalling £242,000 is included in accruals.
In addition to the above, this year wages and other direct costs also includes a sum of £135,010 to equate to the amounts billed by ERHIT Limited in the year for support of the International Burn Injury Database, formerly invoiced through Medical Data Solutions and Services Ltd.