HEALTHCARE MATERIALS MANAGEMENT LTD

Company Registration Number:
NI056143 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 December 2022

End date: 31 March 2024

HEALTHCARE MATERIALS MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

HEALTHCARE MATERIALS MANAGEMENT LTD

Balance sheet

As at 31 March 2024


Notes

16 months to 31 March 2024

2022


£

£
Fixed assets
Tangible assets: 3 6,532 6,532
Total fixed assets: 6,532 6,532
Current assets
Stocks:   2,462
Debtors:   109,252 67,560
Cash at bank and in hand: 14,525 5,171
Total current assets: 123,777 75,193
Creditors: amounts falling due within one year:   (13,126) (23,720)
Net current assets (liabilities): 110,651 51,473
Total assets less current liabilities: 117,183 58,005
Total net assets (liabilities): 117,183 58,005
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 117,182 58,004
Shareholders funds: 117,183 58,005

The notes form part of these financial statements

HEALTHCARE MATERIALS MANAGEMENT LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 January 2025
and signed on behalf of the board by:

Name: James Davidson
Status: Director

The notes form part of these financial statements

HEALTHCARE MATERIALS MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods/services supplied by the company, exclusive of trade discounts and value added tax.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Other accounting policies

Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts. Trade and other creditors Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. Taxation Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Ordinary share capital The ordinary share capital of the company is presented as equity.

HEALTHCARE MATERIALS MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

16 months to 31 March 2024 2022
Average number of employees during the period 1 1

HEALTHCARE MATERIALS MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 December 2022 39,395
At 31 March 2024 39,395
Depreciation
At 01 December 2022 32,863
At 31 March 2024 32,863
Net book value
At 31 March 2024 6,532
At 30 November 2022 6,532