Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30truefalse2023-12-01No description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07447722 2023-12-01 2024-11-30 07447722 2022-12-01 2023-11-30 07447722 2024-11-30 07447722 2023-11-30 07447722 c:Director1 2023-12-01 2024-11-30 07447722 c:Director2 2023-12-01 2024-11-30 07447722 c:RegisteredOffice 2023-12-01 2024-11-30 07447722 d:PlantMachinery 2023-12-01 2024-11-30 07447722 d:PlantMachinery 2024-11-30 07447722 d:PlantMachinery 2023-11-30 07447722 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07447722 d:OfficeEquipment 2023-12-01 2024-11-30 07447722 d:OfficeEquipment 2024-11-30 07447722 d:OfficeEquipment 2023-11-30 07447722 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07447722 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07447722 d:CurrentFinancialInstruments 2024-11-30 07447722 d:CurrentFinancialInstruments 2023-11-30 07447722 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07447722 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07447722 d:ShareCapital 2024-11-30 07447722 d:ShareCapital 2023-11-30 07447722 d:InvestmentPropertiesRevaluationReserve 2024-11-30 07447722 d:InvestmentPropertiesRevaluationReserve 2023-11-30 07447722 d:OtherMiscellaneousReserve 2023-12-01 2024-11-30 07447722 d:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 07447722 d:RetainedEarningsAccumulatedLosses 2024-11-30 07447722 d:RetainedEarningsAccumulatedLosses 2023-11-30 07447722 c:OrdinaryShareClass1 2023-12-01 2024-11-30 07447722 c:OrdinaryShareClass1 2024-11-30 07447722 c:OrdinaryShareClass2 2023-12-01 2024-11-30 07447722 c:OrdinaryShareClass2 2024-11-30 07447722 c:OrdinaryShareClass3 2023-12-01 2024-11-30 07447722 c:OrdinaryShareClass3 2024-11-30 07447722 c:FRS102 2023-12-01 2024-11-30 07447722 c:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 07447722 c:FullAccounts 2023-12-01 2024-11-30 07447722 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07447722 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-01 2024-11-30 07447722 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-11-30 07447722 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-11-30 07447722 2 2023-12-01 2024-11-30 07447722 6 2023-12-01 2024-11-30 07447722 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07447722









NORFOLK IMAGING AND RADIOLOGY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
COMPANY INFORMATION


Directors
Dr T J Marshall 
L I Marshall 




Registered number
07447722



Registered office
7 The Close

Norwich

Norfolk

NR1 4DJ




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 8


 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NORFOLK IMAGING AND RADIOLOGY LIMITED
FOR THE YEAR ENDED 30 NOVEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Norfolk Imaging and Radiology Limited for the year ended 30 November 2024 which comprise  the 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Norfolk Imaging and Radiology Limited, as a body, in accordance with the terms of our engagement letter dated 19 February 2024Our work has been undertaken solely to prepare for your approval the financial statements of Norfolk Imaging and Radiology Limited and state those matters that we have agreed to state to the Board of directors of Norfolk Imaging and Radiology Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Norfolk Imaging and Radiology Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Norfolk Imaging and Radiology 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 Norfolk Imaging and Radiology Limited. You consider that Norfolk Imaging and Radiology Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Norfolk Imaging and Radiology 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.

  





MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ

5 March 2025
Page 1

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
REGISTERED NUMBER: 07447722

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,271
-

Investments
 5 
175,981
85,444

  
177,252
85,444

Current assets
  

Debtors: amounts falling due within one year
 6 
71,170
39,858

Cash at bank and in hand
  
32,838
30,931

  
104,008
70,789

Creditors: amounts falling due within one year
 7 
(57,064)
(29,190)

Net current assets
  
 
 
46,944
 
 
41,599

Total assets less current liabilities
  
224,196
127,043

Provisions for liabilities
  

Deferred tax
  
(5,253)
(1,331)

  
 
 
(5,253)
 
 
(1,331)

Net assets
  
218,943
125,712


Capital and reserves
  

Called up share capital 
  
300
300

Fair value reserve
 9 
14,983
4,492

Profit and loss account
 9 
203,660
120,920

  
218,943
125,712


Page 2

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
REGISTERED NUMBER: 07447722
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 March 2025.






Dr T J Marshall
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The Company is a private company limited by shares.  It is both incorporated and domiciled in England and Wales.  The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ.
The Company's principal activity during the year was the provision of radiology services and the Company's principal place of activity was Norfolk.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises revenue recognised by the Company in respect of radiology services supplied during the year. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the reducing balance basis and straight-line method.

Depreciation is provided on the following basis:

Plant & machinery
-
25%
reducing balance
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Plant & machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 December 2023
-
3,692
3,692


Additions
1,695
-
1,695



At 30 November 2024

1,695
3,692
5,387



Depreciation


At 1 December 2023
-
3,692
3,692


Charge for the year on owned assets
424
-
424



At 30 November 2024

424
3,692
4,116



Net book value



At 30 November 2024
1,271
-
1,271



At 30 November 2023
-
-
-

Page 6

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 December 2023
85,444


Additions
94,551


Disposals
(17,889)


Revaluations
13,875



At 30 November 2024
175,981





6.


Debtors

2024
2023
£
£


Trade debtors
61,131
39,375

Other debtors
10,039
483

71,170
39,858



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
52,227
21,210

Other creditors
-
3,342

Accruals and deferred income
4,837
4,638

57,064
29,190


Page 7

 
NORFOLK IMAGING AND RADIOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 A Ordinary shares of £1.00 each
100.00
100.00
100 B Ordinary shares of £1.00 each
100.00
100.00
100 C Ordinary shares of £1.00 each
100.00
100.00

300.00

300.00



9.


Reserves

Other reserves

The fair value reserve represents the cumulative value of revaluations of the Company's listed investments to fair value, net of deferred tax. The amounts debited or credited to this reserve are transfers from the profit and loss account. Deferred tax is provided for on these fair value adjustments at the standard rate of corporation tax applicable in the UK.

Profit & loss account

The profit and loss account includes all current and prior period retained profits and losses.


10.Commitments, guarentees and contingencies

The Company had total financial commitments, guarantees and contingencies which are not included in the balance sheet amounting to £94,676.


11.


Transactions with directors

As at 1 December 2023, the Company owed the directors £3,343.  During the year the Company paid net expenses of £10,951 on behalf of the directors.  As at 30 November 2024, the balance owed to the Company was £7,608  


12.


Related party transactions

During the year the Company paid net expenses of £1,947 on behalf of a Trust, the Trustees of which hold a controlling interest in the Company.  As at 30 June 2024, the balance owed to the Company by the Trust was £2,430 (2023: £483).

 
Page 8