| Greengate Medical Services Ltd |
| Registered Number:07096272 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
Greengate Medical Services Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Greengate Medical Services Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
724
1,059
2
724
1,059
| Trade and other receivables |
8,784
8,784
3
609
| Cash and cash equivalents |
742
9,526
9,393
| Trade and other payables: amounts falling due within one year |
(14,961)
(15,432)
4
(5,568)
(5,906)
Net current liabilities
| Total assets less current liabilities |
(5,182)
(4,509)
(5,182)
Net liabilities
(4,509)
1
1
(5,183)
(4,510)
(5,182)
(4,509)
Shareholders' funds
| For the year ended 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 financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Dr Phillip, Samuel Hogg Director |
| These financial statements were approved and authorised for issue by the Board on 24 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
Greengate Medical Services Ltd
Notes to the Financial Statements
Statutory Information
| Greengate Medical Services Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 07096272. |
135 Church Street
Horwich
Bolton
Lancashire
BL6 7BR
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. |
| The financial statements have been prepared under the historical costs convention. |
Significant judgements and estimates
| The director has expressed a willingness to continue to support the business for at least 12 months from the date of signing these accounts, therefore the accounts have been prepaed on a going concern basis. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
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 rates and laws that have been enacted or substantively enacted |
| by the Statement of Financial Position date. |
Impairment of assets
| At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an |
| impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and |
| compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its |
| recoverable amount and an impairment loss is recognised immediately in the profit or loss. |
| If an impairment loss is subsequently reversed, the carrying amount of the asset is increased to the revised estimate of its |
| recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised in |
| prior periods. A reversal of an impairment loss is recognised immediately in the profit or loss. |
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For the year ended 31 December 2024
Greengate Medical Services Ltd
Notes to the Financial Statements Continued
Financial instruments
| Basic financial instruments that are payable or receivable within one year, typically trade creditors and debtors, are measured |
| initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received |
| less impairment losses for bad and doubtful debts. |
| 2. Property, plant and equipment |
3,462
2,253
1,209
1,209
2,253
3,462
| Provision for depreciation and impairment |
2,403
2,044
359
Charge for year
335
69
266
2,738
2,113
625
584
140
724
850
209
1,059
| 3. Trade and other receivables |
2023
2024
8,305
8,305
| Prepayments and accrued income |
479
479
8,784
8,784
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
| Accruals and deferred income |
600
360
14,832
14,601
15,432
14,961
| 5. Directors advances and guarantees |
The Ultimate Controlling Party is Dr P S Hogg
| 6. Average number of persons employed |
During the year the average number of employees was 0
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