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11094202falsespecialist medical practice activities2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 11094202






Precision Medical Limited


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024
























Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024





DIRECTORS
P Kumar
Mrs R K Nanda


REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11094202



ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 December 2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	2		3,471		4,627

CURRENT ASSETS
Debtors	3	22,111		144,115
Cash at bank and in hand		495,758		327,431
		517,869		471,546
CREDITORS: Amounts falling due within one year	4	46,646		57,890
NET CURRENT ASSETS			471,223		413,656
TOTAL ASSETS LESS CURRENT LIABILITIES			474,694		418,283

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			474,594		418,183
SHAREHOLDERS' FUNDS			474,694		418,283

For the 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 30 September 2025 and signed on their behalf by



.............................
P Kumar
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.




1e. Turnover
Turnover is derived from specialists medical practice services supplied by the company and is recognised when services are rendered.




1f. Statutory Information
Precision Medical Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 11094202 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, United Kingdom, TW7 4PU.




1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.




2. TANGIBLE FIXED ASSETS

	Plant and
	Machinery	Total
	£	£
Cost
At 1 January 2024	6,062	6,062
At 31 December 2024	6,062	6,062
Depreciation
At 1 January 2024	1,435	1,435
For the year	1,156	1,156
At 31 December 2024	2,591	2,591
Net Book Amounts
At 31 December 2024	3,471	3,471
At 31 December 2023	4,627	4,627




3. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	22,111	144,115
	22,111	144,115




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Taxation and social security	16,294	15,746
Salaries and wages control	4,705	19,492
Directors current account	24,110	21,427
Pension schemes	174	-
Accruals	1,363	1,225
	46,646	57,890




6. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
70 A Ordinary shares of £1.00 each	70	70
30 B Ordinary shares of £1.00 each	30	30
	100	100




5. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	2	2