Company registration number 14390757 (England and Wales)
RAC MEDICAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
RAC MEDICAL LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,448
869
Current assets
35,091
27,407
Creditors: amounts falling due within one year
(16,470)
(7,045)
Net current assets
18,621
20,362
Total assets less current liabilities
20,069
21,231
Net assets
20,069
21,231
Capital and reserves
20,069
21,231
Notes to the financial statements
1
Reporting period
The previous accounting period was 1 October 2022 to 31 October 2023 and so represented a period of longer than a year. Due to this, comparative amounts presented (including the related notes) may not be entirely comparable.
2
Director's benefits: advances, credit and guarantees
At 31 October 2024 a balance of £14,025 (2023: £14,810) was owed by the director to the company. Interest was charged on the loan at the rate of 2.25% per annum, generating an interest charge of £286 in these financial statements.
The loan was unsecured and repayable on demand.
3
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
RAC Medical Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Woodlands Copse, Higher Sandygate, Newton Abbot, Devon, TQ12 3QL.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her 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.
RAC MEDICAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
- 2 -
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 delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 25 March 2025
Dr R A Carnell
Director
Company registration number 14390757 (England and Wales)