REGISTERED NUMBER: SC261160 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

A & S Medical Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr Jagdeep Luthra

Mrs Rekha Luthra

SECRETARY:

Dr Jagdeep Luthra

REGISTERED OFFICE:

c/o Dr Jagdeep Luthra

41 Craw Road

Paisley

Renfrewshire

PA2 6AD

REGISTERED NUMBER:

SC261160 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Tangible assets

4

225,967

226,289

CURRENT ASSETS

Cash at bank

14,304

9,627

CREDITORS

Amounts falling due within one year

5

151,473

142,506

NET CURRENT LIABILITIES

(137,169

)

(132,879

)

TOTAL ASSETS LESS CURRENT LIABILITIES

88,798

93,410

PROVISIONS FOR LIABILITIES

6

8,576

8,576

NET ASSETS

80,222

84,834

CAPITAL AND RESERVES

Called up share capital

7

2

2

Fair value reserve

8

65,341

65,341

Retained earnings

8

14,879

19,491

SHAREHOLDERS' FUNDS

80,222

84,834

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

Dr Jagdeep Luthra - Director

1.	STATUTORY INFORMATION

A & S Medical Services Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Investment property

-

not provided

Computer equipment

-

25% on reducing balance

Financial instruments

Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Investment

Computer

property

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

225,000

4,270

229,270

DEPRECIATION

At 1 April 2024

-

2,981

2,981

Charge for year

-

322

322

At 31 March 2025

-

3,303

3,303

NET BOOK VALUE

At 31 March 2025

225,000

967

225,967

At 31 March 2024

225,000

1,289

226,289

Cost or valuation at 31 March 2025 is represented by:

Investment

Computer

property

equipment

Totals

£

£

£

Valuation in 2022

225,000

-

225,000

Cost

-

4,270

4,270

225,000

4,270

229,270

The market values of the investment properties have been arrived at on the basis of a valuation carried out by the directors of the company who are not professionally qualified valuers. The

valuation was arrived at by reference to market evidence of transaction prices for similar properties in their location and takes into account the state of the rental market in the areas where the properties are situated.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

2,747

2,351

Other creditors

148,726

140,155

151,473

142,506

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

8,576

8,576

Deferred

tax

£

Balance at 1 April 2024

8,576

Balance at 31 March 2025

8,576

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

19,491

65,341

84,832

Profit for the year

11,388

11,388

Dividends

(16,000

)

(16,000

)

At 31 March 2025

14,879

65,341

80,220

9.	RELATED PARTY DISCLOSURES

One of the properties sub-let by the company is rented from Seema Luthra, the daughter of Mr and Mrs Luthra, on a full repairing and insuring lease at a nominal rental of £12 per annum.

10.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors, Dr & Mrs Luthra, throughout the year. Dr and Mrs Luthra jointly own 100% of the company's issued share capital.