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Company Registration No. 03170775 (England and Wales)
Ongar Medical Limited Unaudited accounts for the year ended 30 September 2024
Ongar Medical Limited Unaudited accounts Contents
Page
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Ongar Medical Limited Company Information for the year ended 30 September 2024
Directors
Mrs C A Harvey Mrs F Harvey Mrs K G Harvey
Company Number
03170775 (England and Wales)
Registered Office
10 Bates Walk Addlestone Surrey KT15 2DQ England
Accountants
Yeomans Associates Limited 10 Bates Walk Addlestone Surrey KT15 2DQ
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Ongar Medical Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22 
22 
Current assets
Debtors
201 
24,428 
Cash at bank and in hand
204,310 
200,584 
204,511 
225,012 
Creditors: amounts falling due within one year
(818)
(66)
Net current assets
203,693 
224,946 
Net assets
203,715 
224,968 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
203,615 
224,868 
Shareholders' funds
203,715 
224,968 
For the year ending 30 September 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 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 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 of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by
Mrs F Harvey Director Company Registration No. 03170775
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Ongar Medical Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Ongar Medical Limited is a private company, limited by shares, registered in England and Wales, registration number 03170775. The registered office is 10 Bates Walk, Addlestone, Surrey, KT15 2DQ, England.
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:
Plant & machinery
25% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Ongar Medical Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
8,494 
11,083 
19,577 
At 30 September 2024
8,494 
11,083 
19,577 
Depreciation
At 1 October 2023
8,479 
11,076 
19,555 
At 30 September 2024
8,479 
11,076 
19,555 
Net book value
At 30 September 2024
15 
7 
22 
At 30 September 2023
15 
7 
22 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
201 
201 
Other debtors
- 
24,227 
201 
24,428 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
66 
66 
Loans from directors
452 
- 
Accruals
300 
- 
818 
66 
7
Transactions with related parties
At the year-end there was a sum owed to the company by the directors of £ - (2023: £24,227). The outstanding sum in the previous year was cleared when funds arrived back into the company on 16/12/2023 & 22/01/2024.
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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