Registered number
09862913
Ferguson Medical Care Ltd
Unaudited Filleted Accounts For The Year Ended
30 November 2024
Ferguson Medical Care Ltd
Registered number: 09862913
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 895 1,061
895 1,061
Current assets
Debtors 4 27,320 40,566
Cash at bank and in hand 257,006 183,862
284,326 224,428
Creditors: amounts falling due within one year 5 (16,201) (10,248)
Net current assets 268,125 214,180
Total assets less current liabilities 269,020 215,241
Provisions for liabilities (170) (204)
Net assets 268,850 215,037
Capital and reserves
Called up share capital 100 100
Profit and loss account 268,750 214,937
Shareholders' funds 268,850 215,037
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
James Ferguson
Director
Approved by the board on 7 April 2025
Ferguson Medical Care Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 10% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Total
£ £
Cost
At 1 December 2023 4,280 4,280
Additions - -
At 30 November 2024 4,280 4,280
Depreciation
At 1 December 2023 3,219 3,219
Charge for the year 166 166
At 30 November 2024 3,385 3,385
Net book value
At 30 November 2024 895 895
At 30 November 2023 1,061 1,061
4 Debtors 2024 2023
£ £
Trade debtors 14,215 30,166
Other debtors 13,105 10,400
27,320 40,566
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 15,418 9,463
Other creditors 783 785
16,201 10,248
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
James Edward Ferguson
7,079 - - 7,079
7,079 - - 7,079
7 Other information
Ferguson Medical Care Ltd is a private company limited by shares and incorporated in England. Its registered office is:
c/o Office 3.01
Baltimore House
Baltic Business Quarter
Gateshead
NE8 3DF
Ferguson Medical Care Ltd 09862913 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 James Ferguson No description of principal activity 09862913 2022-12-01 2023-11-30 09862913 core:WithinOneYear 2023-11-30 09862913 core:ShareCapital 2023-11-30 09862913 core:RetainedEarningsAccumulatedLosses 2023-11-30 09862913 2023-12-01 2024-11-30 09862913 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09862913 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09862913 bus:Director40 2023-12-01 2024-11-30 09862913 1 2023-12-01 2024-11-30 09862913 2 2023-12-01 2024-11-30 09862913 core:Vehicles 2023-12-01 2024-11-30 09862913 bus:Director1 2023-12-01 2024-11-30 09862913 bus:Director1 1 2023-12-01 2024-11-30 09862913 countries:England 2023-12-01 2024-11-30 09862913 bus:FRS102 2023-12-01 2024-11-30 09862913 bus:FilletedAccounts 2023-12-01 2024-11-30 09862913 2024-11-30 09862913 core:WithinOneYear 2024-11-30 09862913 core:ShareCapital 2024-11-30 09862913 core:RetainedEarningsAccumulatedLosses 2024-11-30 09862913 core:Vehicles 2024-11-30 09862913 bus:Director1 1 2024-11-30 09862913 2023-11-30 09862913 core:Vehicles 2023-11-30 09862913 bus:Director1 1 2023-11-30 iso4217:GBP xbrli:pure