MID WALES MEDICAL SERVICES LTD

Company Registration Number:
15295042 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 20 November 2023

End date: 30 November 2024

MID WALES MEDICAL SERVICES LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

MID WALES MEDICAL SERVICES LTD

Balance sheet

As at 30 November 2024


Notes

2024


£
Fixed assets
Tangible assets: 3 63,564
Total fixed assets: 63,564
Current assets
Stocks: 2,117
Debtors: 4 814
Cash at bank and in hand: 7,205
Total current assets: 10,136
Creditors: amounts falling due within one year: 5 (38,769)
Net current assets (liabilities): (28,633)
Total assets less current liabilities: 34,931
Creditors: amounts falling due after more than one year: 6 (24,990)
Total net assets (liabilities): 9,941
Capital and reserves
Called up share capital: 10
Profit and loss account: 9,931
Shareholders funds: 9,941

The notes form part of these financial statements

MID WALES MEDICAL SERVICES LTD

Balance sheet statements

For the year ending 30 November 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 August 2025
and signed on behalf of the board by:

Name: Mr M Price
Status: Director

The notes form part of these financial statements

MID WALES MEDICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Income is recognised when services have been provided to customers.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Vehicles 20% reducing balance. Equipment 15% reducing balance,

Valuation and information policy

Inventories. Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.

Other accounting policies

1. Short Term Debtors and Creditors. Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss. 2. Cash and Cash Equivalents. Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. 3. Taxation. Corporation tax payable is provided on taxable profits at the current rate.

MID WALES MEDICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024
Average number of employees during the period 0

MID WALES MEDICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
Additions 99,009
Disposals (21,765)
At 30 November 2024 77,244
Depreciation
Charge for year 13,680
At 30 November 2024 13,680
Net book value
At 30 November 2024 63,564

MID WALES MEDICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024
£
Debtors due after more than one year: 0

MID WALES MEDICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

Trade creditors £1,057. Other taxes and social security £1,507. Other creditors £24,884. Directors' loans £9,721. Accruals £1,600.

MID WALES MEDICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

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

Other creditors £14,994. Directors' loans £9,996.