IRIS Accounts Production v25.1.0.734 10887895 director 1.8.23 31.7.24 31.7.24 false true false false true false Ordinary 1.00000 A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108878952023-07-31108878952024-07-31108878952023-08-012024-07-31108878952022-07-31108878952022-08-012023-07-31108878952023-07-3110887895ns15:EnglandWales2023-08-012024-07-3110887895ns14:PoundSterling2023-08-012024-07-3110887895ns10:Director12023-08-012024-07-3110887895ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3110887895ns10:SmallEntities2023-08-012024-07-3110887895ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3110887895ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3110887895ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3110887895ns10:FullAccounts2023-08-012024-07-3110887895ns10:OrdinaryShareClass12023-08-012024-07-3110887895ns10:OrdinaryShareClass22023-08-012024-07-3110887895ns10:CompanySecretary12023-08-012024-07-3110887895ns10:RegisteredOffice2023-08-012024-07-3110887895ns5:CurrentFinancialInstruments2024-07-3110887895ns5:CurrentFinancialInstruments2023-07-3110887895ns5:Non-currentFinancialInstruments2024-07-3110887895ns5:Non-currentFinancialInstruments2023-07-3110887895ns5:ShareCapital2024-07-3110887895ns5:ShareCapital2023-07-3110887895ns5:RetainedEarningsAccumulatedLosses2024-07-3110887895ns5:RetainedEarningsAccumulatedLosses2023-07-3110887895ns5:MotorVehicles2023-07-3110887895ns5:ComputerEquipment2023-07-3110887895ns5:MotorVehicles2023-08-012024-07-3110887895ns5:ComputerEquipment2023-08-012024-07-3110887895ns5:MotorVehicles2024-07-3110887895ns5:ComputerEquipment2024-07-3110887895ns5:MotorVehicles2023-07-3110887895ns5:ComputerEquipment2023-07-3110887895ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-3110887895ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-012024-07-3110887895ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-07-3110887895ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-3110887895ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3110887895ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3110887895ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-07-3110887895ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-07-3110887895ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-07-3110887895ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3110887895ns10:OrdinaryShareClass12024-07-3110887895ns10:OrdinaryShareClass22024-07-31108878951ns10:Director12023-07-31108878951ns10:Director12022-07-31108878951ns10:Director12023-08-012024-07-31108878951ns10:Director12022-08-012023-07-31108878951ns10:Director12024-07-31108878951ns10:Director12023-07-31
REGISTERED NUMBER: 10887895 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

FORBES MEDICAL SERVICES LIMITED

FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FORBES MEDICAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mr D Forbes





SECRETARY: Mr D Forbes





REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 2BB





REGISTERED NUMBER: 10887895 (England and Wales)





ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB

FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 32,982 43,976

CURRENT ASSETS
Debtors 5 22,718 19,202
Cash at bank 9,711 5,950
32,429 25,152
CREDITORS
Amounts falling due within one year 6 21,587 14,151
NET CURRENT ASSETS 10,842 11,001
TOTAL ASSETS LESS CURRENT LIABILITIES 43,824 54,977

CREDITORS
Amounts falling due after more than
one year

7

(37,395

)

(46,451

)

PROVISIONS FOR LIABILITIES (6,267 ) (8,355 )
NET ASSETS 162 171

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 152 161
SHAREHOLDERS' FUNDS 162 171

FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

BALANCE SHEET - continued
31 JULY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 January 2025 and were signed by:





Mr D Forbes - Director


FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Forbes 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from paramedic services is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer equipment- 25% on reducing balance
Motor vehicles- 25% on reducing balance


FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 54,990 3,735 58,725
DEPRECIATION
At 1 August 2023 12,602 2,147 14,749
Charge for year 10,597 397 10,994
At 31 July 2024 23,199 2,544 25,743
NET BOOK VALUE
At 31 July 2024 31,791 1,191 32,982
At 31 July 2023 42,388 1,588 43,976

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 54,990
DEPRECIATION
At 1 August 2023 12,602
Charge for year 10,597
At 31 July 2024 23,199
NET BOOK VALUE
At 31 July 2024 31,791
At 31 July 2023 42,388

FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors - 16
Directors' current accounts 22,718 19,186
22,718 19,202

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 3,180 3,180
Hire purchase contracts 5,868 5,868
Trade creditors 981 529
Corporation tax 10,062 3,195
Social security and other taxes 27 -
Accruals and deferred income 1,469 1,379
21,587 14,151

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans - 1-2 years 3,180 3,180
Bank loans - 2-5 years 1,349 4,537
Hire purchase contracts 32,866 38,734
37,395 46,451

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Hire purchase contracts 38,734 44,602

The above hire purchase contract is secured against the asset to which it relates.

FORBES MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 10887895)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
9 Ordinary £1 9 9
1 A Ordinary £1 1 1
10 10

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mr D Forbes
Balance outstanding at start of year 19,186 14,621
Amounts advanced 71,108 77,877
Amounts repaid (67,576 ) (73,312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,718 19,186