MEDICAL WHOLESALERS LTD

Company Registration Number:
15066115 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 11 August 2023

End date: 31 August 2024

MEDICAL WHOLESALERS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MEDICAL WHOLESALERS LTD

Profit And Loss Account

for the Period Ended 31 August 2024

13 months to 31 August 2024


£
Turnover: 1,816,422
Cost of sales: ( 218,627 )
Gross profit(or loss): 1,597,795
Distribution costs: ( 33,897 )
Administrative expenses: ( 192,642 )
Operating profit(or loss): 1,371,256
Interest payable and similar charges: ( 54,893 )
Profit(or loss) before tax: 1,316,363
Tax: ( 184,521 )
Profit(or loss) for the financial year: 1,131,842

MEDICAL WHOLESALERS LTD

Balance sheet

As at 31 August 2024

Notes 13 months to 31 August 2024


£
Fixed assets
Tangible assets: 3 579,524
Investments: 4 1,650,000
Total fixed assets: 2,229,524
Current assets
Stocks: 5 108,563
Debtors: 6 12,086
Cash at bank and in hand: 97,827
Total current assets: 218,476
Creditors: amounts falling due within one year: 7 ( 21,562 )
Net current assets (liabilities): 196,914
Total assets less current liabilities: 2,426,438
Creditors: amounts falling due after more than one year: 8 ( 11,982 )
Provision for liabilities: ( 20,000 )
Total net assets (liabilities): 2,394,456
Capital and reserves
Called up share capital: 100,000
Share premium account: 850,000
Other reserves: 476,435
Profit and loss account: 968,021
Total Shareholders' funds: 2,394,456

The notes form part of these financial statements

MEDICAL WHOLESALERS LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 April 2025
and signed on behalf of the board by:

Name: MICHAEL McMAHON
Status: Director

The notes form part of these financial statements

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    13 months to 31 August 2024
    Average number of employees during the period 13

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 425,000 88,573 43,684 22,267 579,524
Disposals
Revaluations
Transfers
At 31 August 2024 425,000 88,573 43,684 22,267 579,524
Depreciation
Charge for year
On disposals
Other adjustments
At 31 August 2024
Net book value
At 31 August 2024 425,000 88,573 43,684 22,267 579,524

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed assets investments note

Medical Wholesaler's fixed assets are currently standing at £2,229,524 as of today.

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Stocks

13 months to 31 August 2024
£
Stocks 92,674
Payments on account 15,889
Total 108,563

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Debtors

13 months to 31 August 2024
£
Trade debtors 12,086
Total 12,086

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Creditors: amounts falling due within one year note

13 months to 31 August 2024
£
Trade creditors 4,786
Other creditors 16,776
Total 21,562

MEDICAL WHOLESALERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

8. Creditors: amounts falling due after more than one year note

13 months to 31 August 2024
£
Other creditors 11,982
Total 11,982