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REGISTERED NUMBER: 10336327 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Alan Fletcher Medical Reports Limited

Alan Fletcher Medical Reports Limited (Registered number: 10336327)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Alan Fletcher Medical Reports Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Dr A K Fletcher
Dr N A M Hall



REGISTERED OFFICE: 90 Ashdell Road
Broomhill
Sheffield
South Yorkshire
S10 3DB



REGISTERED NUMBER: 10336327 (England and Wales)



ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR



BANKERS: Handelsbanken
7th Floor
3 St Pauls Place
129 Norfolk Street
Sheffield
S1 2JE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Alan Fletcher Medical Reports 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 Directors' Report 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 Alan Fletcher Medical Reports Limited for the year ended 31 August 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Alan Fletcher Medical Reports 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 Alan Fletcher Medical Reports Limited and state those matters that we have agreed to state to the Board of Directors of Alan Fletcher Medical Reports 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 Alan Fletcher Medical Reports Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Alan Fletcher Medical Reports 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 Alan Fletcher Medical Reports Limited. You consider that Alan Fletcher Medical Reports 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 Alan Fletcher Medical Reports 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.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


4 February 2025

Alan Fletcher Medical Reports Limited (Registered number: 10336327)

Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,669 46,136
36,669 46,136

CURRENT ASSETS
Debtors 6 566,748 472,835
Investments 7 1,000,000 -
Cash at bank and in hand 779,131 1,135,153
2,345,879 1,607,988
CREDITORS
Amounts falling due within one year 8 (770,048 ) (583,425 )
NET CURRENT ASSETS 1,575,831 1,024,563
TOTAL ASSETS LESS CURRENT LIABILITIES 1,612,500 1,070,699

PROVISIONS FOR LIABILITIES (9,167 ) (11,534 )
NET ASSETS 1,603,333 1,059,165

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 1,603,327 1,059,159
1,603,333 1,059,165

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Alan Fletcher Medical Reports Limited (Registered number: 10336327)

Balance Sheet - continued
31 August 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 3 February 2025 and were signed on its behalf by:





Dr A K Fletcher - Director


Alan Fletcher Medical Reports Limited (Registered number: 10336327)

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


1. STATUTORY INFORMATION

Alan Fletcher Medical Reports 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

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.


Alan Fletcher Medical Reports Limited (Registered number: 10336327)

Notes to the Financial Statements - continued
for the Year Ended 31 August 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 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 11,000
AMORTISATION
At 1 September 2023
and 31 August 2024 11,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 57,295 2,616 59,911
DEPRECIATION
At 1 September 2023 11,459 2,316 13,775
Charge for year 9,167 300 9,467
At 31 August 2024 20,626 2,616 23,242
NET BOOK VALUE
At 31 August 2024 36,669 - 36,669
At 31 August 2023 45,836 300 46,136

Alan Fletcher Medical Reports Limited (Registered number: 10336327)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 552,762 472,835
Other debtors 13,986 -
566,748 472,835

7. CURRENT ASSET INVESTMENTS
31/8/24 31/8/23
£    £   
Other 1,000,000 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Taxation and social security 361,793 234,288
Other creditors 408,255 349,137
770,048 583,425

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31/8/24 31/8/23
£    £   
Dr A K Fletcher and Dr N A M Hall
Balance outstanding at start of year 7,366 (2,134 )
Amounts repaid (8,697 ) 9,500
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,331 ) 7,366