REGISTERED NUMBER: 09680791 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 July 2025

for

Wessex Medical Reporting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S M E Shearman

SECRETARY:

Professor C P Shearman

REGISTERED OFFICE:

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

REGISTERED NUMBER:

09680791 (England and Wales)

ACCOUNTANTS:

HSP Nicklin Limited

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,686

2,586

2,686

2,586

CURRENT ASSETS

Debtors

6

2,622

4,334

Cash at bank

41,956

113,692

44,578

118,026

CREDITORS

Amounts falling due within one year

7

22,671

41,201

NET CURRENT ASSETS

21,907

76,825

TOTAL ASSETS LESS CURRENT LIABILITIES

24,593

79,411

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

24,493

79,311

SHAREHOLDERS' FUNDS

24,593

79,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 28 August 2025 and were signed by:

Mrs S M E Shearman - Director

1.	STATUTORY INFORMATION

Wessex Medical Reporting Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

7,000

AMORTISATION

At 1 August 2024

and 31 July 2025

7,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

11,348

Additions

1,416

At 31 July 2025

12,764

DEPRECIATION

At 1 August 2024

8,762

Charge for year

1,316

At 31 July 2025

10,078

NET BOOK VALUE

At 31 July 2025

2,686

At 31 July 2024

2,586

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,244

3,519

Other debtors

378

815

2,622

4,334

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

382

2,232

Other creditors

22,289

38,969

22,671

41,201

8.	RELATED PARTY DISCLOSURES

The amount due to the director at 31 July 2025 was £19,789 (2024 £36,469).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S M E Shearman.