REGISTERED NUMBER: 06735640 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 31 DECEMBER 2024

FOR

J LOW MEDICAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

6

DIRECTOR:

Dr J H S Low

REGISTERED OFFICE:

574 Wollaton Road

Wollaton

Nottingham

NG8 2AA

REGISTERED NUMBER:

06735640 (England and Wales)

ACCOUNTANTS:

Crowfoot & Co Accountants Ltd

Lonsdale House

High Street

Lutterworth

Leicestershire

LE17 4AD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

458

539

Investments

6

1,455,518

719,104

1,455,976

719,643

CURRENT ASSETS

Debtors

7

16,396

24,596

Cash at bank

30,608

396,022

47,004

420,618

CREDITORS

Amounts falling due within one year

8

162,969

104,487

NET CURRENT (LIABILITIES)/ASSETS

(115,965

)

316,131

TOTAL ASSETS LESS CURRENT LIABILITIES

1,340,011

1,035,774

CAPITAL AND RESERVES

Called up share capital

114

114

Retained earnings

1,339,897

1,035,660

SHAREHOLDERS' FUNDS

1,340,011

1,035,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period 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 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 26 September 2025 and were signed by:

Dr J H S Low - Director

1.	STATUTORY INFORMATION

J Low Medical Services 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 as modified by the revaluation of certain assets.

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 2008, is being amortised evenly over its estimated useful life of ten 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.

Fixtures & equipment

-

15% on reducing balance

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2023

and 31 December 2024

120,000

AMORTISATION

At 1 November 2023

and 31 December 2024

120,000

NET BOOK VALUE

At 31 December 2024

-

At 31 October 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

& equipment

£

COST

At 1 November 2023

and 31 December 2024

2,076

DEPRECIATION

At 1 November 2023

1,537

Charge for period

81

At 31 December 2024

1,618

NET BOOK VALUE

At 31 December 2024

458

At 31 October 2023

539

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 November 2023

719,104

Additions

751,901

Disposals

(176,205

)

Revaluations

160,718

At 31 December 2024

1,455,518

NET BOOK VALUE

At 31 December 2024

1,455,518

At 31 October 2023

719,104

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2024

1,455,518

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

16,396

24,596

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

104,885

37,194

Other creditors

58,084

67,293

162,969

104,487

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 December 2024 an amount of £57,079 (2023 £66,618) was due to the director which amount is included within creditors on the balance sheet.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr J H S Low.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J Low Medical Services Limited for the period ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of J Low Medical Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J Low Medical Services Limited and state those matters that we have agreed to state to the director of J Low Medical Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that J Low Medical Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J Low Medical Services Limited. You consider that J Low Medical Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of J Low Medical Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Crowfoot & Co Accountants Ltd

Lonsdale House

High Street

Lutterworth

Leicestershire

LE17 4AD

26 September 2025