Bristol Medical Imaging Partners LLP OC335646 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is the provision of medical consultancy services. Digita Accounts Production Advanced 6.30.9574.0 OC335646 2024-04-01 2025-03-31 OC335646 2025-03-31 OC335646 core:OtherReservesSubtotal 2025-03-31 OC335646 core:CurrentFinancialInstruments 2025-03-31 OC335646 bus:SmallEntities 2024-04-01 2025-03-31 OC335646 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC335646 bus:AbridgedAccounts 2024-04-01 2025-03-31 OC335646 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC335646 bus:RegisteredOffice 2024-04-01 2025-03-31 OC335646 bus:PartnerLLP10 2024-04-01 2025-03-31 OC335646 bus:PartnerLLP11 2024-04-01 2025-03-31 OC335646 bus:PartnerLLP4 2024-04-01 2025-03-31 OC335646 bus:PartnerLLP5 2024-04-01 2025-03-31 OC335646 bus:PartnerLLP9 2024-04-01 2025-03-31 OC335646 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC335646 countries:AllCountries 2024-04-01 2025-03-31 OC335646 2023-04-01 2024-03-31 OC335646 2024-03-31 OC335646 core:OtherReservesSubtotal 2024-03-31 OC335646 core:CurrentFinancialInstruments 2024-03-31 iso4217:GBP xbrli:pure

Registration number: OC335646

Bristol Medical Imaging Partners LLP
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 31 March 2025

Bristol Medical Imaging Partners LLP

Contents

Limited liability partnership information | 1
Members' Report | 2
Abridged Financial Statements | 3 to 6
Abridged Balance Sheet | 3
Notes to the Abridged Financial Statements | 5

Bristol Medical Imaging Partners LLP

Limited liability partnership information

Designated members | A Vosough D Kopcke P McCoubrie S Philip M J Thornton

Registered office | Little Down Cottage Old Down Hill Tockington Bristol United Kingdom BS32 4PA

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Spencer House Morston Court Aisecome Way Weston-super-Mare North Somerset BS22 8NG

Bristol Medical Imaging Partners LLP

Members' Report for the Year Ended 31 March 2025

The members present their report and the unaudited abridged financial statements for the year ended 31 March 2025.

Designated members

The members who held office during the year were as follows:

A Vosough

D Kopcke

P McCoubrie

S Philip

M J Thornton

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to limited liability partnerships.

Approved by the Board on 5 November 2025 and signed on its behalf by:

......................................... S Philip Designated member

Bristol Medical Imaging Partners LLP

(Registration number: OC335646)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors |  | 30,310 | 44,147
Cash and short-term deposits |  | 63,724 | 46,141
|  | 94,034 | 90,288
Creditors: Amounts falling due within one year |  | (79,261) | (72,840)
Total assets less current liabilities |  | 14,773 | 17,448
Accruals and deferred income |  | (4,190) | (3,190)
Net assets attributable to members |  | 10,583 | 14,258
Represented by: |  |  |
Members’ other interests |  |  |
Other reserves |  | 10,583 | 14,258
|  | 10,583 | 14,258
Total members' interests |  |  |
Equity |  | 10,583 | 14,258
|  | 10,583 | 14,258

Bristol Medical Imaging Partners LLP

(Registration number: OC335646)
Abridged Balance Sheet as at 31 March 2025

For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

All of the limited liability partnership's members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006, as applied to limited liability partnerships.

The financial statements of Bristol Medical Imaging Partners LLP (registered number OC335646) were approved by the Board and authorised for issue on 5 November 2025. They were signed on behalf of the limited liability partnership by:

......................................... S Philip Designated member

Bristol Medical Imaging Partners LLP

Notes to the Abridged Financial Statements for the Year Ended 31 March 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The functional currency of Bristol Medical Imaging Partners LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

undiscounted

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.
Members’ profit shares are calculated as fees attributable to their work less a proportion of the LLP’s total expenditure. The proportion of total expenditure allocated to each member is based on the same percentage as the income attributable to them.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members. Consequently, no reserve for taxation is made in these financial statements and the profits are shown within 'Loans and other debts due to members' without any deduction of tax.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Bristol Medical Imaging Partners LLP

Notes to the Abridged Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the limited liability partnership does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Members' interests

Members' interests are amounts due to members after more than one year to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

Financial instruments

Classification

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a finance transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the limited liability partnership intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Impairment of financial assets

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the limited liability partnership transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the limited liability partnership, despite having retained some significant risks and rewards of ownership, has transferred control of the asset to another party and the other party has the practical ability to sell the asset in its entirety to an unrelated third party and is able to exercise that ability unilaterally and without needing to impose additional restrictions on the transfer.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Current versus non-current classification

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
In the limited liability partnership balance sheet, investments in subsidiaries and associates are measured at cost less impairment.

2 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0 (2024 - 0).