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REGISTERED NUMBER: 15287002 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

15 NOVEMBER 2023 TO 30 NOVEMBER 2024

FOR

PARK FARM MEDICS LIMITED

PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 NOVEMBER 2023 TO 30 NOVEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

BALANCE SHEET
30 NOVEMBER 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 328

CURRENT ASSETS
Debtors 6 12,794
Cash at bank 71,692
84,486
CREDITORS
Amounts falling due within one year 7 20,299
NET CURRENT ASSETS 64,187
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,515

PROVISIONS FOR LIABILITIES 8 82
NET ASSETS 64,433

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings 64,333
SHAREHOLDERS' FUNDS 64,433

PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

BALANCE SHEET - continued
30 NOVEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





Dr A N Banik - Director


PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 NOVEMBER 2023 TO 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Park Farm Medics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 15287002

Registered office: 48 St Leonards Road
Bexhill on Sea
East Sussex
TN40 1JB

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts receivable for services provided during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Medical equipment - 20% on reducing balance

All fixed assets are initially recorded at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 NOVEMBER 2023 TO 30 NOVEMBER 2024


3. ACCOUNTING POLICIES - continued
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 period 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.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

5. TANGIBLE FIXED ASSETS
Medical
equipment
£   
COST
Additions 410
At 30 November 2024 410
DEPRECIATION
Charge for period 82
At 30 November 2024 82
NET BOOK VALUE
At 30 November 2024 328

PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 NOVEMBER 2023 TO 30 NOVEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 6,794
Prepayments and accrued income 6,000
12,794

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Corporation tax 18,835
Accruals and deferred income 1,464
20,299

8. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 82

Deferred
tax
£   
Provided during period 82
Balance at 30 November 2024 82

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

PARK FARM MEDICS LIMITED (REGISTERED NUMBER: 15287002)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 NOVEMBER 2023 TO 30 NOVEMBER 2024


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2024:

£   
Dr A N Banik
Balance outstanding at start of period -
Amounts advanced 6,794
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 6,794

Loans to the directors not exceeding £10,000 per director, are interest free and repayable on demand.