Company registration number 07026572 (England and Wales)
BLOODY SURGERY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BLOODY SURGERY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
BLOODY SURGERY LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,936
2,066
Current assets
Debtors
4
3,567
16,464
Cash at bank and in hand
51,072
29,325
54,639
45,789
Creditors: amounts falling due within one year
5
(37,249)
(10,983)
Net current assets
17,390
34,806
Net assets
19,326
36,872
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
19,226
36,772
Total equity
19,326
36,872
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 17 June 2025 and are signed on its behalf by:
Mr S Matheiken
Director
Company registration number 07026572 (England and Wales)
BLOODY SURGERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information
Bloody Surgery Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Fiona Way, BEDFORD, MK41 0FD.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
1.3
Tangible fixed assets
Tangible fixed assets are measured at cost and subsequently measured at cost, net of depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Computer equipment
25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Cash at bank and in hand
Cash at bank and in hand are basic financial assets and include cash at bank.
1.5
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
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 company after deducting all of its liabilities.
BLOODY SURGERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.7
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
There is no tax payable as there is no taxable profit for the year. Taxable profit differs from the results as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible.
Deferred tax assets on unrelieved tax losses will only be recognised to the extent that it is probable that they will be recovered.
1.8
Leases
Rentals payable under operating leases are charged to profit or loss on a straight line basis over the term of the relevant lease.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
3
BLOODY SURGERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023
4,164
Additions
1,368
Disposals
(530)
At 30 September 2024
5,002
Depreciation and impairment
At 1 October 2023
2,098
Depreciation charged in the year
1,383
Eliminated in respect of disposals
(415)
At 30 September 2024
3,066
Carrying amount
At 30 September 2024
1,936
At 30 September 2023
2,066
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
3,567
16,464
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
478
378
Taxation and social security
34,154
9,605
Other creditors
2,617
1,000
37,249
10,983
BLOODY SURGERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
0
100
100
A Ordinary shares of £1 each
50
0
50
B Ordinary shares of £1 each
25
0
25
C Ordinary shares of £1 each
25
-
25
-
100
100
100
100
During the year 50 Ordinary £1.00 shares were redesignated as 50 A Ordinary shares of £1.00 each, 25 Ordinary £1.00 shares were redesignated as 50 B Ordinary shares and 25 Ordinary £1.00 shares were redesignated as 25 C Ordinary shares of £1.00 each.
Full voting and equity rights on all share classes are identical and rank pari passu except that dividends at different rates may be declared on each class of share.
7
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2024
2023
£
£
4,550
8
Directors' transactions
Included in debtors is the £0 (2023 - £1,289) balance on the director's current account. The balance is interest free with no formal repayment terms.
Included in creditors : amounts falling due within one year is the £2,617 (2023 - £1,000) balance on the directors' current account. The balance is interest free with no formal repayment terms.