PRESCRIBING SERVICES LTD

Company Registration Number:
05913240 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

PRESCRIBING SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

PRESCRIBING SERVICES LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1,695,329 1,695,329
Tangible assets: 4 422,798 509,693
Investments: 5 1,000,001 1,000,001
Total fixed assets: 3,118,128 3,205,023
Current assets
Debtors: 6 4,937,947 5,245,271
Cash at bank and in hand: 770,726 538,436
Total current assets: 5,708,673 5,783,707
Creditors: amounts falling due within one year: 7 (1,255,745) (2,004,993)
Net current assets (liabilities): 4,452,928 3,778,714
Total assets less current liabilities: 7,571,056 6,983,737
Total net assets (liabilities): 7,571,056 6,983,737
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,570,956 6,983,637
Shareholders funds: 7,571,056 6,983,737

The notes form part of these financial statements

PRESCRIBING SERVICES LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 March 2025
and signed on behalf of the board by:

Name: Dr Julian Brown
Status: Director

The notes form part of these financial statements

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 30 30

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 1,695,329
At 31 August 2024 1,695,329
Net book value
At 31 August 2024 1,695,329
At 31 August 2023 1,695,329

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 1,143,970
Additions 54,035
At 31 August 2024 1,198,005
Depreciation
At 01 September 2023 634,277
Charge for year 140,930
At 31 August 2024 775,207
Net book value
At 31 August 2024 422,798
At 31 August 2023 509,693

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Fixed investments

Shares in group undertaking and participating interests

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Debtors

2024 2023
££
Debtors due after more than one year: 4,637,947 5,235,963

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Creditors: amounts falling due within one year note

1255745 2004993

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

8. Loans to directors

Name of director receiving advance or credit: Director A
Description of the loan: Loan
£
Balance at 01 September 2023 3,383
Balance at 31 August 2024 3,383

PRESCRIBING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

9. Related party transactions

Name of the related party: Associated Companies
Relationship:
Associated Companies
Description of the Transaction: Loan
£
Balance at 01 September 2023 4,064,542
Balance at 31 August 2024 3,778,730
Name of the related party: Associated Companies
Relationship:
Associated Companies
Description of the Transaction: Loan
£
Balance at 01 September 2023 820,263
Balance at 31 August 2024 268,497