PTP Accounts Production v24.1.0.578 04405224 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044052242023-03-31044052242024-03-31044052242023-04-012024-03-31044052242022-03-31044052242022-04-012023-03-31044052242023-03-3104405224ns15:EnglandWales2023-04-012024-03-3104405224ns14:PoundSterling2023-04-012024-03-3104405224ns10:Director12023-04-012024-03-3104405224ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104405224ns10:SmallEntities2023-04-012024-03-3104405224ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3104405224ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104405224ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104405224ns10:FullAccounts2023-04-012024-03-3104405224ns10:OrdinaryShareClass12023-04-012024-03-3104405224ns10:Director22023-04-012024-03-3104405224ns10:CompanySecretary12023-04-012024-03-3104405224ns10:RegisteredOffice2023-04-012024-03-3104405224ns5:CurrentFinancialInstruments2024-03-3104405224ns5:CurrentFinancialInstruments2023-03-3104405224ns5:Non-currentFinancialInstruments2024-03-3104405224ns5:Non-currentFinancialInstruments2023-03-3104405224ns5:ShareCapital2024-03-3104405224ns5:ShareCapital2023-03-3104405224ns5:RetainedEarningsAccumulatedLosses2024-03-3104405224ns5:RetainedEarningsAccumulatedLosses2023-03-3104405224ns5:FurnitureFittings2023-04-012024-03-3104405224ns5:MotorVehicles2023-04-012024-03-3104405224ns5:ComputerEquipment2023-04-012024-03-3104405224ns5:FurnitureFittings2023-03-3104405224ns5:MotorVehicles2023-03-3104405224ns5:ComputerEquipment2023-03-3104405224ns5:FurnitureFittings2024-03-3104405224ns5:MotorVehicles2024-03-3104405224ns5:ComputerEquipment2024-03-3104405224ns5:FurnitureFittings2023-03-3104405224ns5:MotorVehicles2023-03-3104405224ns5:ComputerEquipment2023-03-3104405224ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104405224ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104405224ns5:DeferredTaxation2023-03-3104405224ns5:DeferredTaxation2023-04-012024-03-3104405224ns5:DeferredTaxation2024-03-3104405224ns10:OrdinaryShareClass12024-03-3104405224ns5:RetainedEarningsAccumulatedLosses2023-03-3104405224ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-3104405224ns5:KeyManagementIndividualGroup12023-04-012024-03-3104405224ns5:OtherRelatedPartyRelationshipType1ComponentTotalRelatedParties2023-04-012024-03-3104405224ns5:OtherRelatedPartyRelationshipType1ComponentTotalRelatedParties2024-03-3104405224ns5:OtherRelatedPartyRelationshipType2ComponentTotalRelatedParties2023-04-012024-03-3104405224ns5:OtherRelatedPartyRelationshipType2ComponentTotalRelatedParties2024-03-31
REGISTERED NUMBER: 04405224 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ROGER ATKINS MEDICAL LIMITED

ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

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

Chartered Accountants' Report 9

ROGER ATKINS MEDICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Professor R M Atkins
Dr N L Fraser





SECRETARY: Dr N L Fraser





REGISTERED OFFICE: 2 Oakfield Road
Clifton
Bristol
BS8 2AL





REGISTERED NUMBER: 04405224 (England and Wales)





ACCOUNTANTS: PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL

ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 67,817 42,261
Investment property 5 313,996 313,996
381,813 356,257

CURRENT ASSETS
Debtors 6 1,076,412 1,311,611
Cash at bank 160,045 84,850
1,236,457 1,396,461
CREDITORS
Amounts falling due within one year 7 308,745 291,342
NET CURRENT ASSETS 927,712 1,105,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,309,525

1,461,376

CREDITORS
Amounts falling due after more than one
year

8

(67,720

)

(32,641

)

PROVISIONS FOR LIABILITIES 9 (7,668 ) (7,713 )
NET ASSETS 1,234,137 1,421,022

ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

BALANCE SHEET - continued
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 1,234,135 1,421,020
SHAREHOLDERS' FUNDS 1,234,137 1,421,022

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 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.

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 23 January 2025 and were signed on its behalf by:





Professor R M Atkins - Director


ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Roger Atkins Medical 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment for Hire - 10% on cost
Motor vehicles - 20% on cost
Plant and Equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Equipment Motor Plant and
for Hire vehicles Equipment Totals
£    £    £    £   
COST
At 1 April 2023 340,578 71,324 42,850 454,752
Additions - 75,098 915 76,013
Disposals - (71,324 ) - (71,324 )
At 31 March 2024 340,578 75,098 43,765 459,441
DEPRECIATION
At 1 April 2023 340,578 42,794 29,119 412,491
Charge for year - 18,775 3,152 21,927
Eliminated on disposal - (42,794 ) - (42,794 )
At 31 March 2024 340,578 18,775 32,271 391,624
NET BOOK VALUE
At 31 March 2024 - 56,323 11,494 67,817
At 31 March 2023 - 28,530 13,731 42,261

ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 313,996
NET BOOK VALUE
At 31 March 2024 313,996
At 31 March 2023 313,996

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 144,280 212,976
Amounts owed by associates 391,000 328,500
Other debtors - 1,269
AT Ortho interest 147,184 108,084
Directors' current accounts 199,359 448,222
S455 tax recoverable 194,589 194,589
Prepayments and accrued income - 17,971
1,076,412 1,311,611

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 11,067 10,883
Amounts owed to associates 39,081 43,449
Tax 166,361 129,198
Social security and other taxes 11,256 9,447
VAT 58,256 73,194
Other creditors 4,869 7,771
Accruals and deferred income 17,855 17,400
308,745 291,342

ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 67,720 32,641

9. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 7,668 7,713

Deferred
tax
£   
Balance at 1 April 2023 7,713
Provided during year (45 )
Balance at 31 March 2024 7,668

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

11. RESERVES
Retained
earnings
£   

At 1 April 2023 1,421,020
Profit for the year 513,115
Dividends (700,000 )
At 31 March 2024 1,234,135

ROGER ATKINS MEDICAL LIMITED (REGISTERED NUMBER: 04405224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


12. RELATED PARTY DISCLOSURES

During the year the Company made loans to its director. . At the year end the director owed the company
£199,359 (2023 - £448,222).

The Company owes funds to NL Reports Ltd, a company controlled by Dr NL Fraser who is a director of the company.The amount is interest-free and repayable on demand . On 31 March 2024 - £39,081 ( 2023 -
£43,449) was owing to NL Reports Ltd.

The Company has also advanced funds to AT Ortho Ltd, in which a director of this company has a controlling interest. These advances are repayable on demand and have carried daily interest at the annual rate of 10% since 1 April 2018, although interest payments have been deferred indefinitely. On 31 March
2024 -£430,100 (2023 - £361,350) (including accrued interest) was owed by AT Ortho Ltd.


Dividends totalling £700,000 (2023 - £720,000 ) were declared during the year.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Professor R M Atkins.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ROGER ATKINS MEDICAL 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 Balance Sheet. 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 Roger Atkins Medical Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet 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 Roger Atkins Medical 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 Roger Atkins Medical Limited and state those matters that we have agreed to state to the Board of Directors of Roger Atkins Medical 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 Roger Atkins Medical Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Roger Atkins Medical 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 Roger Atkins Medical Limited. You consider that Roger Atkins Medical 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 Roger Atkins Medical 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.






PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL



CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ROGER ATKINS MEDICAL LIMITED


23 January 2025