IRIS Accounts Production v24.1.0.576 SC420456 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4204562023-03-31SC4204562024-03-31SC4204562023-04-012024-03-31SC4204562022-03-31SC4204562022-04-012023-03-31SC4204562023-03-31SC420456ns15:Scotland2023-04-012024-03-31SC420456ns14:PoundSterling2023-04-012024-03-31SC420456ns10:Director12023-04-012024-03-31SC420456ns10:CompanyLimitedByGuarantee2023-04-012024-03-31SC420456ns10:SmallEntities2023-04-012024-03-31SC420456ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC420456ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC420456ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC420456ns10:FullAccounts2023-04-012024-03-31SC420456ns10:Director22023-04-012024-03-31SC420456ns10:Director32023-04-012024-03-31SC420456ns10:Director42023-04-012024-03-31SC420456ns10:CompanySecretary12023-04-012024-03-31SC420456ns10:RegisteredOffice2023-04-012024-03-31SC420456ns5:CurrentFinancialInstruments2024-03-31SC420456ns5:CurrentFinancialInstruments2023-03-31SC420456ns5:Non-currentFinancialInstruments2024-03-31SC420456ns5:Non-currentFinancialInstruments2023-03-31SC420456ns5:RetainedEarningsAccumulatedLosses2024-03-31SC420456ns5:RetainedEarningsAccumulatedLosses2023-03-31SC420456ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-04-012024-03-31SC420456ns5:ComputerEquipment2023-04-012024-03-31SC420456ns5:LandBuildings2023-03-31SC420456ns5:ComputerEquipment2023-03-31SC420456ns5:LandBuildings2023-04-012024-03-31SC420456ns5:LandBuildings2024-03-31SC420456ns5:ComputerEquipment2024-03-31SC420456ns5:LandBuildings2023-03-31SC420456ns5:ComputerEquipment2023-03-31SC420456ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31SC420456ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: SC420456 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Tayside Local Medical Committee Limited

Tayside Local Medical Committee Limited (Registered number: SC420456)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tayside Local Medical Committee Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Dr R D Humble
Dr A S Thomson
Dr C Part
Dr A Stewart





SECRETARY:





REGISTERED OFFICE: Unit 4
Lindsay Court
Gemini Crescent
Dundee
Tayside
DD2 1SW





REGISTERED NUMBER: SC420456 (Scotland)





ACCOUNTANTS: D.J. Martin & Co.
40/42 Brantwood Avenue
Dundee
Tayside
DD3 6EW

Tayside Local Medical Committee Limited (Registered number: SC420456)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 169,217 169,200

CURRENT ASSETS
Debtors 5 4,115 4,115
Cash at bank and in hand 28,507 15,090
32,622 19,205
CREDITORS
Amounts falling due within one year 6 21,010 20,853
NET CURRENT ASSETS/(LIABILITIES) 11,612 (1,648 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,829

167,552

CREDITORS
Amounts falling due after more than one year 7 93,814 96,974
NET ASSETS 87,015 70,578

RESERVES
Income and expenditure account 87,015 70,578
87,015 70,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tayside Local Medical Committee Limited (Registered number: SC420456)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2024 and were signed on its behalf by:





Dr R D Humble - Director


Tayside Local Medical Committee Limited (Registered number: SC420456)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Tayside Local Medical Committee Limited is a private company, limited by guarantee , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

Tayside Local Medical Committee Limited (Registered number: SC420456)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 April 2023 167,853 6,100 173,953
Additions - 699 699
At 31 March 2024 167,853 6,799 174,652
DEPRECIATION
At 1 April 2023 - 4,753 4,753
Charge for year - 682 682
At 31 March 2024 - 5,435 5,435
NET BOOK VALUE
At 31 March 2024 167,853 1,364 169,217
At 31 March 2023 167,853 1,347 169,200

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 4,115 4,115

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 3,011 2,853
Other creditors 17,999 18,000
21,010 20,853

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 93,814 96,974

Amounts falling due in more than five years:

Repayable by instalments
Bank loan 93,814 96,974