Professional Medical Imaging Ltd 11520897 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is the wholesale of medical equipment. Digita Accounts Production Advanced 6.30.9574.0 true true 11520897 2024-01-01 2024-12-31 11520897 2024-12-31 11520897 core:RetainedEarningsAccumulatedLosses 2024-12-31 11520897 core:ShareCapital 2024-12-31 11520897 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11520897 bus:SmallEntities 2024-01-01 2024-12-31 11520897 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11520897 bus:FullAccounts 2024-01-01 2024-12-31 11520897 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11520897 bus:RegisteredOffice 2024-01-01 2024-12-31 11520897 bus:Director1 2024-01-01 2024-12-31 11520897 bus:Director2 2024-01-01 2024-12-31 11520897 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11520897 countries:England 2024-01-01 2024-12-31 11520897 2023-01-01 2023-12-31 11520897 2023-12-31 11520897 core:RetainedEarningsAccumulatedLosses 2023-12-31 11520897 core:ShareCapital 2023-12-31 11520897 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 11520897

Professional Medical Imaging Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2024

 

Professional Medical Imaging Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Professional Medical Imaging Ltd

(Registration number: 11520897)
Abridged Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Current assets

  

Debtors

100

100

Creditors: Amounts falling due within one year

(2,837)

(2,197)

Net liabilities

  

(2,737)

(2,097)

Capital and reserves

  

Called up share capital

100

100

Profit and loss account

(2,837)

(2,197)

Total equity

  

(2,737)

(2,097)

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

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 2 September 2025 and signed on its behalf by:
 

Mr C J Pearce

Director

Mrs N D Toit

Director

The notes on pages 2 to 3 form an integral part of these abridged financial statements.

Page 1

 

Professional Medical Imaging Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Glebe Farm
Wimborne St Giles
Dorset
BH21 5NR

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have considered the financial position of the company in view of the results in the year ended 31 December 2024.

The company's ability to continue trading is reliant on The Equine Dental Clinic Limited, a company controlled by the directors of Professional Medical Imaging Ltd, continuing to support the company through an intercompany loan account. The directors have agreed not to seek repayment of the intercompany loan account within 12 months of the date of the accounts where this would affect the company's ability to trade.

The directors have considered a period of 12 months from the date of approval of the financial statements and consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Page 2

 

Professional Medical Imaging Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Page 3