Company registration number 06611120 (England and Wales)
MEDICINES MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
MEDICINES MANAGEMENT LIMITED
COMPANY INFORMATION
Director
Shalim Salam
Secretary
Shalim Salam
Company number
06611120
Registered office
123b Park Road
Barnet
EN4 9QN
Accountants
Georgiades Charalambou & Co LLP
Chartered Certified Accountants
283 Green Lanes
Palmers Green
London
N13 4XS
MEDICINES MANAGEMENT LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet
3 - 4
MEDICINES MANAGEMENT LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MEDICINES MANAGEMENT LIMITED FOR THE YEAR ENDED 30 JUNE 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Medicines Management Limited for the year ended 30 June 2024 which comprise the profit and loss account and the balance sheet from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the board of directors of Medicines Management Limited, as a body, in accordance with the terms of our engagement letter dated 24 March 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Medicines Management Limited and state those matters that we have agreed to state to the board of directors of Medicines Management Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Medicines Management Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Medicines Management 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 Medicines Management Limited. You consider that Medicines Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Medicines Management 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 accounts nor can the work that we have been instructed to undertake, and have undertaken, be relied upon to detect fraud or other irregularities.
Georgiades Charalambou & Co LLP
27 March 2025
Chartered Certified Accountants
283 Green Lanes
Palmers Green
London
N13 4XS
MEDICINES MANAGEMENT LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
2024
2023
£
£
Turnover
47,416
41,500
Other income
2
3,000
Staff costs
(10,683)
(10,610)
Depreciation and other amounts written off assets
(385)
(513)
Other charges
(18,728)
(24,866)
Profit for the year before tax
17,622
8,511
Tax
(3,483)
(1,171)
Profit for the year after tax
14,139
7,340
MEDICINES MANAGEMENT LIMITED
BALANCE SHEET
- 3 -
2024
2023
£
£
£
£
Fixed assets
36,153
36,538
Current assets
3,070
2,796
Creditors: amounts falling due within one year
(7,751)
(5,254)
Net current liabilities
(4,681)
(2,458)
Total assets less current liabilities
31,472
34,080
Creditors: amounts falling due after more than one year
(2,702)
(5,164)
Net assets
28,770
28,916
Capital and reserves
28,770
28,916
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
Medicines Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 123b Park Road, Barnet, EN4 9QN.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
MEDICINES MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 27 March 2025
Shalim Salam
Director
Company Registration Number 06611120