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REGISTERED NUMBER: 05747842 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

MERESIDE MEDICAL SERVICES LIMITED

MERESIDE MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 05747842)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MERESIDE MEDICAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 30 JUNE 2024







DIRECTORS: Dr R Brixey
Dr A E B Gunstone
Dr J E Howard
Dr A H Savvas
Dr E A Turner





SECRETARY: Dr J E Howard





REGISTERED OFFICE: The Staploe Medical Centre
Brewhouse Lane
Soham
Ely
Cambridgeshire
CB7 5JD





REGISTERED NUMBER: 05747842 (England and Wales)





ACCOUNTANTS: Foxley Kingham Medical
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

MERESIDE MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 05747842)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 249 311

CURRENT ASSETS
Debtors 5 11,926 9,767
Cash at bank and in hand 84,588 99,674
96,514 109,441
CREDITORS
Amounts falling due within one year 6 39,124 40,112
NET CURRENT ASSETS 57,390 69,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,639

69,640

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 56,639 68,640
57,639 69,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





Dr J E Howard - Director


MERESIDE MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 05747842)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024

1. STATUTORY INFORMATION

Mereside Medical Services 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 comprises revenue recognised by the company in respect of medical goods and services supplied during the year. Turnover is recognised at the point at which services are provided or legal ownership of goods is transferred.

Tangible fixed assets
Tangible fixed assets under the cost model are state 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 operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of the assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Equipment- 20% reducing balance

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 the statement of comprehensive income.

Financial instruments
Financial assets including cash at bank and trade and other debtors are measured initially at transaction price (including transaction costs) and subsequently held at cost, less any impairment.

Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form. Financial liabilities including trade and other creditors as well as bank overdrafts are measured initially at transaction price (including transactions costs) and subsequently held at amortised cost.

Debt instruments that are payable or receivable within one year are measured at the undiscounted amount of cash or other consideration expected to be paid or received.


MERESIDE MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 05747842)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 9,741
DEPRECIATION
At 1 July 2023 9,430
Charge for year 62
At 30 June 2024 9,492
NET BOOK VALUE
At 30 June 2024 249
At 30 June 2023 311

MERESIDE MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 05747842)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,608 9,483
Other debtors 318 284
11,926 9,767

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 24,701 4,830
Taxation and social security 9,623 11,504
Other creditors 4,800 23,778
39,124 40,112

7. RELATED PARTY DISCLOSURES

During the year the company did not purchase any goods (2023 - £0) from a related party, a partnership in which the directors of the company are all partners. Included in the amounts owed to the related parties due within one year is an amount of £24,701 (2023 - £4,830) owed to the fellow related party.