Medimover Ltd - Filleted accounts

Registered number

12381206

Medimover Ltd

Unaudited Filleted Accounts

31 December 2024


Registered number:		12381206
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		320,721			257,715

Current assets
Debtors	4	279,089			156,038
Cash at bank and in hand		-			27,072
		279,089			183,110

Creditors: amounts falling due within one year	5	(140,074)			(120,431)

Net current assets			139,015			62,679

Total assets less current liabilities			459,736			320,394

Creditors: amounts falling due after more than one year	6		(89,047)			(75,072)



Net assets			370,689			245,322

Capital and reserves
Called up share capital			1			1
Profit and loss account			370,688			245,321

Shareholder's funds			370,689			245,322

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr G Andrews
Director
Approved by the board on 26 September 2025

Medimover Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Office Equipment	25% reducing balance
	Motor Vehicles	25% reducing balance


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					11		11


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 January 2024			12,774		413,354		426,128
	Additions			1,148		171,850		172,998
	Disposals			-		(6,471)		(6,471)
	At 31 December 2024			13,922		578,733		592,655

	Depreciation
	At 1 January 2024			6,459		161,954		168,413
	Charge for the year			1,866		105,041		106,907
	On disposals			-		(3,386)		(3,386)
	At 31 December 2024			8,325		263,609		271,934

	Net book value
	At 31 December 2024			5,597		315,124		320,721
	At 31 December 2023			6,315		251,400		257,715


4	Debtors					2024		2023
£							£

	Trade debtors					194,168		125,263
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					41,765		13,868
	Other debtors					43,156		16,907
						279,089		156,038


5	Creditors: amounts falling due within one year					2024		2023
£							£

	Bank loans and overdrafts					8,057		-
	Obligations under finance lease and hire purchase contracts					60,076		41,540
	Trade creditors					12,011		60,011
	Taxation and social security costs					31,689		11,981
	Other creditors					28,241		6,899
						140,074		120,431


6	Creditors: amounts falling due after one year					2024		2023
£							£

	Obligations under finance lease and hire purchase contracts					89,047		75,072


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr G Andrews
	Current Account	16,907		24,095				41,002

		16,907		24,095		-		41,002

	This balance was repaid within 9 months of the company year end.

8	Other information

	Medimover Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	20-22 Wenlock Road
	London
	N1 7GU