Registered number
08388102
JAA MEDICAL SERVICES LIMITED
Filleted Accounts
29 February 2024
JAA MEDICAL SERVICES LIMITED
Registered number: 08388102
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 837 985
Current assets
Cash at bank and in hand 3,513 903
Creditors: amounts falling due within one year 4 (36,956) (36,043)
Net current liabilities (33,443) (35,140)
Net liabilities (32,606) (34,155)
Capital and reserves
Called up share capital 100 100
Profit and loss account (32,706) (34,255)
Shareholders' funds (32,606) (34,155)
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 Manoj Thomas
Director
Approved by the board on 23 July 2024
JAA MEDICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 29 February 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:
Fixtures, fittings, tools and equipment 15% reducing balance
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 4,512
At 29 February 2024 4,512
Depreciation
At 1 March 2023 3,527
Charge for the year 148
At 29 February 2024 3,675
Net book value
At 29 February 2024 837
At 28 February 2023 985
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 424
Taxation and social security costs 173 173
Other creditors 36,783 35,446
36,956 36,043
5 Other information
JAA MEDICAL SERVICES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
21 Hansard Way
Kirton
Boston
Lincolnshire
PE20 1QN
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