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REGISTERED NUMBER: 04844920 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2024

FOR

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD.

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







Directors: Mrs P Pradhan
Dr A B Chakrapani





Registered office: 1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF





Registered number: 04844920 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 152,546 116,001

CURRENT ASSETS
Debtors 5 160,752 195,762
Cash at bank and in hand 167,044 168,956
327,796 364,718
CREDITORS
Amounts falling due within one year 6 204,185 236,580
NET CURRENT ASSETS 123,611 128,138
TOTAL ASSETS LESS CURRENT
LIABILITIES

276,157

244,139

CREDITORS
Amounts falling due after more than one
year

7

(57,769

)

(50,411

)

PROVISIONS FOR LIABILITIES (25,198 ) (25,500 )
NET ASSETS 193,190 168,228

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 193,140 168,178
193,190 168,228

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

BALANCE SHEET - continued
31 OCTOBER 2024


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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:





Mrs P Pradhan - Director


MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Midlands Ultrasound & Medical Services (Mums) Ltd. 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures & Fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 19 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Fixtures Motor
property machinery & Fittings vehicles Totals
£    £    £    £    £   
Cost
At 1 November 2023 26,687 152,066 131,235 - 309,988
Additions - 10,802 3,326 68,290 82,418
At 31 October 2024 26,687 162,868 134,561 68,290 392,406
Depreciation
At 1 November 2023 24,018 64,197 105,772 - 193,987
Charge for year 2,669 19,893 6,777 16,534 45,873
At 31 October 2024 26,687 84,090 112,549 16,534 239,860
Net book value
At 31 October 2024 - 78,778 22,012 51,756 152,546
At 31 October 2023 2,669 87,869 25,463 - 116,001

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 November 2023 83,778 - 83,778
Additions - 68,290 68,290
At 31 October 2024 83,778 68,290 152,068
Depreciation
At 1 November 2023 28,799 - 28,799
Charge for year 13,744 16,534 30,278
At 31 October 2024 42,543 16,534 59,077
Net book value
At 31 October 2024 41,235 51,756 92,991
At 31 October 2023 54,979 - 54,979

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,028 40,426
Other debtors 159,724 155,336
160,752 195,762

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts and finance leases 35,706 13,963
Trade creditors 49,744 130,296
Taxation and social security 102,742 72,193
Other creditors 5,993 10,128
204,185 236,580

MIDLANDS ULTRASOUND & MEDICAL SERVICES
(MUMS) LTD. (REGISTERED NUMBER: 04844920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 6,667 16,667
Hire purchase contracts and finance leases 51,102 33,744
57,769 50,411