| Registered number |
| Registered number: | |||||||
| Balance Sheet | |||||||
| as at |
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| Notes | 2024 | 2023 | |||||
| £ | £ | ||||||
| Fixed assets | |||||||
| Tangible assets | 3 | ||||||
| Current assets | |||||||
| Stocks | |||||||
| Debtors | 4 | ||||||
| Cash at bank and in hand | |||||||
| Creditors: amounts falling due within one year | 5 | ( |
( |
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| Net current assets | |||||||
| Total assets less current liabilities | |||||||
| Creditors: amounts falling due after more than one year | 6 | ( |
( |
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| Provisions for liabilities | ( |
( |
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| Net assets | |||||||
| Capital and reserves | |||||||
| Called up share capital | |||||||
| Profit and loss account | |||||||
| Shareholder's funds | |||||||
| C Rose | |||||||
| Director | |||||||
| Approved by the board on |
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| Notes to the Accounts | ||||||||
| for the year ended |
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| 1 | Accounting policies | |||||||
| Basis of preparation | ||||||||
| Turnover | ||||||||
| Tangible fixed assets | ||||||||
| Portakabin | 10% straight line basis | |||||||
| Improvements to leasehold premises | 10% straight line basis | |||||||
| Plant and machinery | 25% reducing balance basis | |||||||
| Stocks | ||||||||
| Debtors and creditors receivable/payable within one year | ||||||||
| Loans and borrowings | ||||||||
| Taxation | ||||||||
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are ecognised in the financial statements. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. |
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| Leased assets | ||||||||
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. |
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| Employee benefits | ||||||||
The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. |
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| 2 | Employees | 2024 | 2023 | |||||
| Number | Number | |||||||
| Average number of persons employed by the company | ||||||||
| 3 | Tangible fixed assets | |||||||
| Land and buildings | Plant and machinery etc | Total | ||||||
| £ | £ | £ | ||||||
| Cost | ||||||||
| At 30 August 2023 | ||||||||
| Additions | - | |||||||
| At 29 August 2024 | ||||||||
| Depreciation | ||||||||
| At 30 August 2023 | ||||||||
| Charge for the year | ||||||||
| At 29 August 2024 | ||||||||
| Net book value | ||||||||
| At 29 August 2024 | ||||||||
| At 29 August 2023 | ||||||||
| 4 | Debtors | 2024 | 2023 | |||||
| £ | £ | |||||||
| Trade debtors | ||||||||
| Director's loan account | 9,108 | |||||||
| Other debtors | ||||||||
| 5 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Bank loans | ||||||||
| Stock funding | 65,340 | 136,717 | ||||||
| Other loans | 33,100 | 13,700 | ||||||
| Trade creditors | ||||||||
| Taxation and social security costs | ||||||||
| Other creditors | ||||||||
| 6 | Creditors: amounts falling due after one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Bank loans | ||||||||
| Other loan | 6,667 | - | ||||||
| 7 | Loans | 2024 | 2023 | |||||
| £ | £ | |||||||
| Creditors include: | ||||||||
| Instalments falling due for payment after more than five years | 10,344 | 12,885 | ||||||
| 8 | Transactions with director | 2024 | 2023 | |||||
| £ | £ | |||||||
| The following transactions were undertaken with a director of the | ||||||||
| company during the year: | ||||||||
| Advances to the director during the year | 76,138 | 63,108 | ||||||
| Repayment of advances during the year | (58,611) | (54,000) | ||||||
| The loan is unsecured and repayable on demand. Interest is charged at the Revenue's rate for beneficial loan arrangements. | ||||||||
| 9 | Other information | |||||||
| MEDICALPORT LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
| 23/25 Bastock Road | ||||||||
| Sheffield | ||||||||
| S6 2AE | ||||||||