1 October 2023 v2025.37.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP143657172023-10-012024-09-30143657172024-09-30143657172023-09-3014365717core:WithinOneYear2024-09-3014365717core:WithinOneYear2023-09-3014365717core:ShareCapital2024-09-3014365717core:ShareCapital2023-09-3014365717core:RetainedEarningsAccumulatedLosses2024-09-3014365717core:RetainedEarningsAccumulatedLosses2023-09-3014365717bus:Director12023-10-012024-09-3014365717bus:RegisteredOffice2023-10-012024-09-3014365717core:NetGoodwill2023-10-012024-09-30143657172022-09-202023-09-30143657172023-10-011436571712023-10-012024-09-3014365717countries:EnglandWales2023-10-012024-09-3014365717bus:AuditExemptWithAccountantsReport2023-10-012024-09-3014365717bus:PrivateLimitedCompanyLtd2023-10-012024-09-3014365717bus:SmallEntities2023-10-012024-09-3014365717bus:AbridgedAccounts2023-10-012024-09-30
Company registration number:
14365717
Medipulse Training Ltd
Unaudited Filleted Abridged Financial Statements for the year ended
30 September 2024
Medipulse Training Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Medipulse Training Ltd
Year ended
30 September 2024
As described on the abridged statement of financial position, the Board of Directors of
Medipulse Training Ltd
are responsible for the preparation of the
abridged financial statements
for the year ended
30 September 2024
, which comprise the abridged income statement, abridged statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
PAUL HAMMETT ACCOUNTING SOLUTIONS LTD
11 Manor Road
Wendover
Bucks
HP22 6HL
United Kingdom
Date:
12 June 2025
Medipulse Training Ltd
Abridged Statement of Financial Position
30 September 2024
20242023
Note££
Fixed assets    
Intangible assets 5
6,000
 
9,000
 
Tangible assets 5
10,197
 
1,500
 
16,197
 
10,500
 
Current assets    
Debtors
2,275
 
630
 
Cash at bank and in hand
10,501
 
11,976
 
12,776
 
12,606
 
Creditors: amounts falling due within one year
(49,251
)
(29,082
)
Net current liabilities
(36,475
)
(16,476
)
Total assets less current liabilities (20,278 ) (5,976 )
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(20,378
)
(6,076
)
Shareholders deficit
(20,278
)
(5,976
)
For the year ending
30 September 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
30 September 2024
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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 income statement has not been delivered.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
12 June 2025
, and are signed on behalf of the board by:
R Edwards
Director
Company registration number:
14365717
Medipulse Training Ltd
Notes to the Abridged Financial Statements
Year ended
30 September 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
11 Manor Road
,
Wendover
,
Aylesbury
,
Bucks
,
HP22 6HL
, England.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Going concern

These accounts have been prepared on the going concern basis with the company trading profitably during this accounting period with assurances from the Director of his financial support for the company who also considers the business retains sufficient working capital to continue trading for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
1.00
).

5 Fixed assets

Intangible assetsTangible assetsTotal
£££
Cost      
At
1 October 2023
12,000
 
4,768
  16,768  
Additions -  
12,263
  12,263  
At
30 September 2024
12,000
 
17,031
  29,031  
Amortisation and depreciation      
At
1 October 2023
3,000
 
3,268
  6,268  
Charge
3,000
 
3,566
  6,566  
At
30 September 2024
6,000
 
6,834
  12,834  
Carrying amount      
At
30 September 2024
6,000
 
10,197
 
16,197
 
At 30 September 2023
9,000
 
1,500
 
10,500
 

6 Director's advances, credit and guarantees

The sum owed to the Director at the Balance Sheet date amounted to £46,786 (£27,032 - 2023) and is reflected in Other Creditors above.