IRIS Accounts Production v24.3.2.46 04468767 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044687672023-06-30044687672024-06-30044687672023-07-012024-06-30044687672022-06-30044687672022-07-012023-06-30044687672023-06-3004468767ns15:EnglandWales2023-07-012024-06-3004468767ns14:PoundSterling2023-07-012024-06-3004468767ns10:Director12023-07-012024-06-3004468767ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004468767ns10:SmallEntities2023-07-012024-06-3004468767ns10:AuditExemptWithAccountantsReport2023-07-012024-06-3004468767ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004468767ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004468767ns10:FullAccounts2023-07-012024-06-3004468767ns10:Director22023-07-012024-06-3004468767ns10:Director32023-07-012024-06-3004468767ns10:CompanySecretary12023-07-012024-06-3004468767ns10:RegisteredOffice2023-07-012024-06-3004468767ns5:CurrentFinancialInstruments2024-06-3004468767ns5:CurrentFinancialInstruments2023-06-3004468767ns5:Non-currentFinancialInstruments2024-06-3004468767ns5:Non-currentFinancialInstruments2023-06-3004468767ns5:ShareCapital2024-06-3004468767ns5:ShareCapital2023-06-3004468767ns5:SharePremium2024-06-3004468767ns5:SharePremium2023-06-3004468767ns5:CapitalRedemptionReserve2024-06-3004468767ns5:CapitalRedemptionReserve2023-06-3004468767ns5:RetainedEarningsAccumulatedLosses2024-06-3004468767ns5:RetainedEarningsAccumulatedLosses2023-06-3004468767ns5:LeaseholdImprovements2023-07-012024-06-3004468767ns5:FurnitureFittings2023-07-012024-06-3004468767ns5:MotorVehicles2023-07-012024-06-3004468767ns5:ComputerEquipment2023-07-012024-06-3004468767ns5:LeaseholdImprovements2023-06-3004468767ns5:FurnitureFittings2023-06-3004468767ns5:MotorVehicles2023-06-3004468767ns5:ComputerEquipment2023-06-3004468767ns5:LeaseholdImprovements2024-06-3004468767ns5:FurnitureFittings2024-06-3004468767ns5:MotorVehicles2024-06-3004468767ns5:ComputerEquipment2024-06-3004468767ns5:LeaseholdImprovements2023-06-3004468767ns5:FurnitureFittings2023-06-3004468767ns5:MotorVehicles2023-06-3004468767ns5:ComputerEquipment2023-06-3004468767ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-3004468767ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3004468767ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-06-3004468767ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-3004468767ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3004468767ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3004468767ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3004468767ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3004468767ns5:DeferredTaxation2023-06-3004468767ns5:DeferredTaxation2023-07-012024-06-3004468767ns5:DeferredTaxation2024-06-30
REGISTERED NUMBER: 04468767 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Medevent Limited

Medevent Limited (Registered number: 04468767)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Medevent Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs D M Rattigan
Mr M J Wood
Ms H Powney





SECRETARY: Mrs D M Rattigan





REGISTERED OFFICE: Outdoor Industrial Estate
New Hey Road
Oakes
Huddersfield
West Yorkshire
HD3 4BU





REGISTERED NUMBER: 04468767 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Medevent Limited (Registered number: 04468767)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 373,785 422,437

CURRENT ASSETS
Stocks 8,250 8,500
Debtors 6 72,742 87,150
Cash at bank and in hand 208,062 121,324
289,054 216,974
CREDITORS
Amounts falling due within one year 7 231,269 152,492
NET CURRENT ASSETS 57,785 64,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

431,570

486,919

CREDITORS
Amounts falling due after more than one
year

8

(189,783

)

(233,768

)

PROVISIONS FOR LIABILITIES 10 (64,183 ) (89,825 )
NET ASSETS 177,604 163,326

CAPITAL AND RESERVES
Called up share capital 1,333 1,333
Share premium 63,774 63,774
Capital redemption reserve 333 333
Retained earnings 112,164 97,886
SHAREHOLDERS' FUNDS 177,604 163,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 profit or loss 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.

Medevent Limited (Registered number: 04468767)

Statement of Financial Position - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:





Mr M J Wood - Director


Medevent Limited (Registered number: 04468767)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Medevent Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Medevent Limited (Registered number: 04468767)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 36 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 29,871 75,122 594,158 10,049 709,200
Additions - 3,850 63,428 4,012 71,290
Disposals - - (10,000 ) - (10,000 )
At 30 June 2024 29,871 78,972 647,586 14,061 770,490
DEPRECIATION
At 1 July 2023 8,603 33,706 239,857 4,597 286,763
Charge for year 3,190 6,790 103,377 2,366 115,723
Eliminated on disposal - - (5,781 ) - (5,781 )
At 30 June 2024 11,793 40,496 337,453 6,963 396,705
NET BOOK VALUE
At 30 June 2024 18,078 38,476 310,133 7,098 373,785
At 30 June 2023 21,268 41,416 354,301 5,452 422,437

Medevent Limited (Registered number: 04468767)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023 470,818
Additions 63,428
At 30 June 2024 534,246
DEPRECIATION
At 1 July 2023 157,017
Charge for year 94,307
At 30 June 2024 251,324
NET BOOK VALUE
At 30 June 2024 282,922
At 30 June 2023 313,801

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 72,075
Other debtors 54,944 -
Tax - 12,408
VAT 15,131 -
Prepayments 2,667 2,667
72,742 87,150

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 100,788 92,315
Trade creditors 2,360 8,870
Tax 68,727 -
Social security and other taxes 14,026 9,411
VAT - 631
Other creditors - 55
Directors' current accounts 8,469 8,465
Accrued expenses & prepaid income 26,899 22,745
231,269 152,492

Medevent Limited (Registered number: 04468767)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-2 years 11,001 20,000
Bank loans - 2-5 years - 747
Hire purchase contracts 178,782 213,021
189,783 233,768

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Hire purchase contracts 279,570 305,336

10. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 64,183 89,825

Deferred
tax
£   
Balance at 1 July 2023 89,825
Provided during year (25,642 )
Balance at 30 June 2024 64,183

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Medevent Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Medevent Limited for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Medevent Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Medevent Limited and state those matters that we have agreed to state to the Board of Directors of Medevent Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Medevent Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Medevent Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Medevent Limited. You consider that Medevent Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Medevent Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


14 January 2025