Registered number
07298920
H4M1 Medical Services Ltd
Unaudited Filleted Accounts
31 March 2025
H4M1 Medical Services Ltd
Registered number: 07298920
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,419 1,774
Current assets
Cash at bank and in hand 64,365 90,035
Creditors: amounts falling due within one year 4 (25,535) (42,106)
Net current assets 38,830 47,929
Total assets less current liabilities 40,249 49,703
Provisions for liabilities (376) (464)
Net assets 39,873 49,239
Capital and reserves
Called up share capital 100 100
Profit and loss account 39,773 49,139
Shareholders' funds 39,873 49,239
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr H Sadique
Director
Approved by the board on 30 April 2025
H4M1 Medical Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant, machinery and equipment 20% on written down value
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 5,412
At 31 March 2025 5,412
Depreciation
At 1 April 2024 3,638
Charge for the year 355
At 31 March 2025 3,993
Net book value
At 31 March 2025 1,419
At 31 March 2024 1,774
4 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 23,344 39,437
Other creditors 2,191 2,669
25,535 42,106
5 Other information
H4M1 Medical Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 16 Eastway Business Village
Olivers Place
Fulwood
Preston
PR2 9WT
H4M1 Medical Services Ltd 07298920 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Dr H Sadique No description of principal activity 07298920 2023-04-01 2024-03-31 07298920 core:WithinOneYear 2024-03-31 07298920 core:ShareCapital 2024-03-31 07298920 core:RetainedEarningsAccumulatedLosses 2024-03-31 07298920 2024-04-01 2025-03-31 07298920 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07298920 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07298920 bus:Director40 2024-04-01 2025-03-31 07298920 1 2024-04-01 2025-03-31 07298920 2 2024-04-01 2025-03-31 07298920 core:PlantMachinery 2024-04-01 2025-03-31 07298920 countries:England 2024-04-01 2025-03-31 07298920 bus:FRS102 2024-04-01 2025-03-31 07298920 bus:FilletedAccounts 2024-04-01 2025-03-31 07298920 2025-03-31 07298920 core:WithinOneYear 2025-03-31 07298920 core:ShareCapital 2025-03-31 07298920 core:RetainedEarningsAccumulatedLosses 2025-03-31 07298920 core:PlantMachinery 2025-03-31 07298920 2024-03-31 07298920 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure