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REGISTERED NUMBER: 09054478 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

LP MEDICAL (SERVICES) LIMITED

LP MEDICAL (SERVICES) LIMITED (REGISTERED NUMBER: 09054478)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

LP MEDICAL (SERVICES) LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTOR: Mr M T D Goodliffe



REGISTERED OFFICE: 14 Alridge Road
Ferndown
BH22 8LT



REGISTERED NUMBER: 09054478 (England and Wales)



ACCOUNTANTS: Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN



BANKERS: HSBC
60 Mostyn Street
Llandudno
LL30 2SF

LP MEDICAL (SERVICES) LIMITED (REGISTERED NUMBER: 09054478)

BALANCE SHEET
31 May 2024

31.5.24 31.5.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,751 9,002

CURRENT ASSETS
Stocks 500 2,000
Debtors 5 424 4,026
Cash at bank 131 822
1,055 6,848
CREDITORS
Amounts falling due within one year 6 67,830 66,116
NET CURRENT LIABILITIES (66,775 ) (59,268 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(60,024

)

(50,266

)

CREDITORS
Amounts falling due after more than one
year

7

(33,491

)

(35,163

)

PROVISIONS FOR LIABILITIES (1,283 ) (1,710 )
NET LIABILITIES (94,798 ) (87,139 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (95,798 ) (88,139 )
(94,798 ) (87,139 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2025 and were signed by:





Mr M T D Goodliffe - Director


LP MEDICAL (SERVICES) LIMITED (REGISTERED NUMBER: 09054478)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2024

1. STATUTORY INFORMATION

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


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.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable for the provision of ambulance and medical training services.

Revenue is recognised on the provision of services once the services that have been provided have been approved or agreed by the client at which time the significant risks and rewards of ownership of the work undertaken have transferred to the client.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Stocks
The company holds stocks of medical consumables that are required to ensure that the specialised ambulances can provide patient care.

These items are not subject to physical or technological obsolescence and are therefore shown at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

LP MEDICAL (SERVICES) LIMITED (REGISTERED NUMBER: 09054478)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in existence for the foreseeable future.

The directors have declared their intention to continue to support the company for the foreseeable future and will not require repayment of their directors' loan account within 12 months of signing the directors report.

The directors consider that in preparing the financial statements they have taken into account all information that could be reasonably be expected to be available. On this basis they consider that it is appropriate to prepare the financial statements on a going concern basis.

Debtors
Debtors do not carry and interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

Cash and cash equivalents
These comprise cash at bank and other short term highly liquid deposits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 74,485
DEPRECIATION
At 1 June 2023 65,483
Charge for year 2,251
At 31 May 2024 67,734
NET BOOK VALUE
At 31 May 2024 6,751
At 31 May 2023 9,002

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 1,275
Accrued income - 2,195
Prepayments 424 556
424 4,026

LP MEDICAL (SERVICES) LIMITED (REGISTERED NUMBER: 09054478)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 2,130 2,130
Trade creditors 3,149 1,435
Other creditors 47,645 47,645
Directors' current accounts 14,906 14,906
67,830 66,116

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 2,130 2,130
Bank loans - 2-5 years 1,361 3,033
Directors' loan account 30,000 30,000
33,491 35,163

ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LP MEDICAL (SERVICES) LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LP Medical (Services) Limited for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of LP Medical (Services) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LP Medical (Services) Limited and state those matters that we have agreed to state to the director of LP Medical (Services) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LP Medical (Services) Limited and its director for our work or for this report.

It is your duty to ensure that LP Medical (Services) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of LP Medical (Services) Limited. You consider that LP Medical (Services) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of LP Medical (Services) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN


29 May 2025