Company Registration No. 12704702 (England and Wales)
CT MEDICAL SALES LIMITED
Unaudited accounts
for the year ended 30 June 2024
CT MEDICAL SALES LIMITED
Unaudited accounts
Contents
CT MEDICAL SALES LIMITED
Company Information
for the year ended 30 June 2024
Company Number
12704702 (England and Wales)
Registered Office
NORDLYS
BRAYS LANE
HYDE HEATH
HP6 5RT
UNITED KINGDOM
Accountants
Space Advisory and Accountancy Limited
19 Malago Drive
Bristol
BS3 5DR
CT MEDICAL SALES LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
24,152
32,733
Inventories
346,518
215,850
Cash at bank and in hand
136,798
25,334
Creditors: amounts falling due within one year
(511,343)
(274,921)
Net current assets
24,659
24,837
Total assets less current liabilities
48,811
57,570
Creditors: amounts falling due after more than one year
(42,566)
(36,664)
Provisions for liabilities
Deferred tax
(5,434)
(6,165)
Called up share capital
10
10
Profit and loss account
801
14,731
Shareholders' funds
811
14,741
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 February 2025 and were signed on its behalf by
Chris Downton
Director
Company Registration No. 12704702
CT MEDICAL SALES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
CT MEDICAL SALES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12704702. The registered office is NORDLYS, BRAYS LANE, HYDE HEATH, HP6 5RT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years straight line
Computer equipment
4 years straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
CT MEDICAL SALES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
446
42,537
1,212
44,195
Additions
3,200
-
379
3,579
At 30 June 2024
3,646
42,537
1,591
47,774
At 1 July 2023
324
10,635
503
11,462
Charge for the year
1,128
10,634
398
12,160
At 30 June 2024
1,452
21,269
901
23,622
At 30 June 2024
2,194
21,268
690
24,152
At 30 June 2023
122
31,902
709
32,733
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
21,268
31,902
Amounts falling due within one year
Trade debtors
34,276
57,611
Accrued income and prepayments
18,410
963
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,492
1,915
Obligations under finance leases and hire purchase contracts
7,471
6,798
Trade creditors
408,824
231,189
Taxes and social security
22,534
9,171
Other creditors
15,000
15,000
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
26,287
33,758
CT MEDICAL SALES LIMITED
Notes to the Accounts
for the year ended 30 June 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).