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REGISTERED NUMBER: 09662003 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

M D Surgery Limited

M D Surgery Limited (Registered number: 09662003)

Contents of the Financial Statements
for the year ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M D Surgery Limited

Company Information
for the year ended 30 June 2024







DIRECTOR: Dr C H Bell





REGISTERED OFFICE: Mann Cottage
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA





REGISTERED NUMBER: 09662003 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

M D Surgery Limited (Registered number: 09662003)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,746 76,703

CURRENT ASSETS
Debtors 5 72,434 -
Cash at bank 20,038 14,347
92,472 14,347
CREDITORS
Amounts falling due within one year 6 95,985 44,600
NET CURRENT LIABILITIES (3,513 ) (30,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,233

46,450

CREDITORS
Amounts falling due after more than one
year

7

(20,319

)

(29,160

)

PROVISIONS FOR LIABILITIES (14,962 ) (14,574 )
NET ASSETS 39,952 2,716

CAPITAL AND RESERVES
Called up share capital 1,010 1,010
Retained earnings 38,942 1,706
SHAREHOLDERS' FUNDS 39,952 2,716

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 director acknowledges her 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.

M D Surgery Limited (Registered number: 09662003)

Balance Sheet - continued
30 June 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 director and authorised for issue on 12 March 2025 and were signed by:





Dr C H Bell - Director


M D Surgery Limited (Registered number: 09662003)

Notes to the Financial Statements
for the year ended 30 June 2024


1. STATUTORY INFORMATION

M D Surgery 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

M D Surgery Limited (Registered number: 09662003)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 259,166 12,986 272,152
Additions 28,292 - 28,292
At 30 June 2024 287,458 12,986 300,444
DEPRECIATION
At 1 July 2023 186,063 9,386 195,449
Charge for year 25,349 900 26,249
At 30 June 2024 211,412 10,286 221,698
NET BOOK VALUE
At 30 June 2024 76,046 2,700 78,746
At 30 June 2023 73,103 3,600 76,703

M D Surgery Limited (Registered number: 09662003)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 61,262
DEPRECIATION
At 1 July 2023 21,472
Charge for year 9,947
At 30 June 2024 31,419
NET BOOK VALUE
At 30 June 2024 29,843
At 30 June 2023 39,790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 72,434 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,118 -
Hire purchase contracts 20,447 19,426
Trade creditors 22,528 -
Taxation and social security 20,625 7,444
Other creditors 30,267 17,730
95,985 44,600

M D Surgery Limited (Registered number: 09662003)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 11,606 -
Hire purchase contracts 8,713 29,160
20,319 29,160

8. RELATED PARTY DISCLOSURES

Included with creditors: amounts falling due over one year is a director's loan account in the sum of £5,493 (2023: £249). The account is unsecured, interest free and carries no fixed date of repayment.