Mendall Medical Services Limited 07198872 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is provision of medical consultancy services Digita Accounts Production Advanced 6.30.9574.0 true 07198872 2023-05-01 2024-04-30 07198872 2024-04-30 07198872 core:RetainedEarningsAccumulatedLosses 2024-04-30 07198872 core:ShareCapital 2024-04-30 07198872 core:CurrentFinancialInstruments 2024-04-30 07198872 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 07198872 core:Goodwill 2024-04-30 07198872 core:FurnitureFittingsToolsEquipment 2024-04-30 07198872 core:MotorVehicles 2024-04-30 07198872 bus:SmallEntities 2023-05-01 2024-04-30 07198872 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07198872 bus:FilletedAccounts 2023-05-01 2024-04-30 07198872 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07198872 bus:RegisteredOffice 2023-05-01 2024-04-30 07198872 bus:Director1 2023-05-01 2024-04-30 07198872 bus:Director2 2023-05-01 2024-04-30 07198872 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07198872 core:Goodwill 2023-05-01 2024-04-30 07198872 core:FurnitureFittings 2023-05-01 2024-04-30 07198872 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 07198872 core:MotorVehicles 2023-05-01 2024-04-30 07198872 countries:EnglandWales 2023-05-01 2024-04-30 07198872 2023-04-30 07198872 core:Goodwill 2023-04-30 07198872 core:FurnitureFittingsToolsEquipment 2023-04-30 07198872 core:MotorVehicles 2023-04-30 07198872 2022-05-01 2023-04-30 07198872 2023-04-30 07198872 core:RetainedEarningsAccumulatedLosses 2023-04-30 07198872 core:ShareCapital 2023-04-30 07198872 core:CurrentFinancialInstruments 2023-04-30 07198872 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 07198872 core:Goodwill 2023-04-30 07198872 core:FurnitureFittingsToolsEquipment 2023-04-30 07198872 core:MotorVehicles 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 07198872

Mendall Medical Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Mendall Medical Services Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 7

 

Mendall Medical Services Limited

Company Information

Directors

Dr M I Mendall

Dr M A Mendall

Registered office

76 Canterbury Road
Croydon
Surrey
CR0 3HA

Accountants

Affinity Associates (Flemmings) Limited
(Trading as Flemmings)
Chartered Accountants
76 Canterbury Road
Surrey
Croydon
CR0 3HA

 

Mendall Medical Services Limited

(Registration number: 07198872)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

           

Fixed assets

   

 

Intangible assets

4

 

120,000

 

140,000

Tangible assets

5

 

14,164

 

33,604

   

134,164

 

173,604

Current assets

   

 

Debtors

6

762,945

 

473,288

 

Cash at bank and in hand

 

25,256

 

75,341

 

 

788,201

 

548,629

 

Creditors: Amounts falling due within one year

7

(139,497)

 

(69,711)

 

Net current assets

   

648,704

 

478,918

Total assets less current liabilities

   

782,868

 

652,522

Provisions for liabilities

 

(2,571)

 

(7,647)

Net assets

   

780,297

 

644,875

Capital and reserves

   

 

Called up share capital

100

 

100

 

Profit and loss account

780,197

 

644,775

 

Total equity

   

780,297

 

644,875

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 January 2025 and signed on its behalf by:
 

.........................................

Dr M A Mendall

Director

 

Mendall Medical Services Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
76 Canterbury Road
Croydon
Surrey
CR0 3HA
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Pound Sterling, which is the functional currency of the company.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
i. The amount of revenue can be reliably measured;
ii. it is probable that future economic benefits will flow to the entity;
iii. and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Mendall Medical Services Limited

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

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, less its estimated residual value, over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furnitures, Fittings & Equipment

25% Straight Line Method

Motor vehicles

25% Straight Line Method

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Over 20 years

Defined contribution pension obligation

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.
 

 

Mendall Medical Services Limited

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 3).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 May 2023

400,000

400,000

At 30 April 2024

400,000

400,000

Amortisation

At 1 May 2023

260,000

260,000

Amortisation charge

20,000

20,000

At 30 April 2024

280,000

280,000

Carrying amount

At 30 April 2024

120,000

120,000

At 30 April 2023

140,000

140,000

 

Mendall Medical Services Limited

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

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2023

16,824

64,290

81,114

Additions

1,117

-

1,117

Disposals

(8,067)

-

(8,067)

At 30 April 2024

9,874

64,290

74,164

Depreciation

At 1 May 2023

10,007

37,503

47,510

Charge for the year

4,485

16,072

20,557

Eliminated on disposal

(8,067)

-

(8,067)

At 30 April 2024

6,425

53,575

60,000

Carrying amount

At 30 April 2024

3,449

10,715

14,164

At 30 April 2023

6,817

26,787

33,604

6

Debtors

Note

2024
£

2023
£

Trade debtors

 

89,140

61,235

Directors Current Account

8

325,613

134,614

Other debtors

 

332,949

267,116

Prepayments and accrued income

 

15,243

10,323

 

762,945

473,288

Details of other debtors

Other debtors include a loan of £212,000 (2023: £212,000) provided by the company in April 2022. The loan carries an interest charge of 12% per annum, however no interest has been accrued as the ultimate borrower has gone into administration.

 

Mendall Medical Services Limited

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

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

14,876

11,500

Other creditors

2,932

1,833

Other taxes and social security

317

549

Corporation tax

120,979

55,530

Accruals and deferred income

393

299

139,497

69,711

8

Related party transactions

Other transactions with directors
Dr M I Mendall & Dr M A Mendall (Directors and shareholders)

Dividend paid to the above directors during the year was £Nil (2023: £72,250)

At the balance sheet date the amount due from Dr M I Mendall & Dr M A Mendall to the company was £325,613 (2023: £134,614).

The amount due from the directors are repayable on demand. Interest at the HMRC official rate of interest is charged on the running balance due from the directors.