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REGISTERED NUMBER: 07232280 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

A Drakeley Medical Limited

A Drakeley Medical Limited (Registered number: 07232280)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A Drakeley Medical Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr A J Drakeley
Mrs R Drakeley





REGISTERED OFFICE: Rathgar
17 Salisbury Road
Cressington Park
Merseyside
L19 0PH





REGISTERED NUMBER: 07232280 (England and Wales)





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

A Drakeley Medical Limited (Registered number: 07232280)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,958 3,458
Tangible assets 5 1,420 1,493
4,378 4,951

CURRENT ASSETS
Debtors 6 283,329 275,265
Cash at bank 177,621 106,627
460,950 381,892
CREDITORS
Amounts falling due within one year 7 52,350 56,967
NET CURRENT ASSETS 408,600 324,925
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,978

329,876

CREDITORS
Amounts falling due after more than one
year

8

(44,479

)

(14,847

)

PROVISIONS FOR LIABILITIES (832 ) (75 )
NET ASSETS 367,667 314,954

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 367,567 314,854
367,667 314,954

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

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

A Drakeley Medical Limited (Registered number: 07232280)

Balance Sheet - continued
31 May 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 24 January 2025 and were signed on its behalf by:





Mr A J Drakeley - Director


A Drakeley Medical Limited (Registered number: 07232280)

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

1. STATUTORY INFORMATION

A Drakeley 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

A Drakeley Medical Limited (Registered number: 07232280)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 10,000
AMORTISATION
At 1 June 2023 6,542
Charge for year 500
At 31 May 2024 7,042
NET BOOK VALUE
At 31 May 2024 2,958
At 31 May 2023 3,458

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 11,433
Additions 629
At 31 May 2024 12,062
DEPRECIATION
At 1 June 2023 9,940
Charge for year 702
At 31 May 2024 10,642
NET BOOK VALUE
At 31 May 2024 1,420
At 31 May 2023 1,493

6. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Trade debtors 41,276 31,594
Other debtors 191,264 195,813
232,540 227,407

Amounts falling due after more than one year:
Amounts owed by group undertakings 50,789 47,858

Aggregate amounts 283,329 275,265

A Drakeley Medical Limited (Registered number: 07232280)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 200 -
Taxation and social security 52,150 56,967
52,350 56,967

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Amounts owed to group undertakings 44,359 14,727
Taxation and social security 120 120
44,479 14,847