Mike Riglin Nursing Limited - Filleted accounts

Mike Riglin Nursing Limited
Registered number:		09634254
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		15,702			12,084

Current assets
Debtors	4	245,959			207,410
Cash at bank and in hand		391,998			446,945
		637,957			654,355

Creditors: amounts falling due within one year	5	(178,989)			(178,588)

Net current assets			458,968			475,767

Net assets			474,670			487,851

Capital and reserves
Called up share capital			100			100
Profit and loss account			474,570			487,751

Shareholders' funds			474,670			487,851

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




M Riglin
Director
Approved by the board on 6 November 2025

Mike Riglin Nursing Limited
Notes to the Accounts
for the year ended 31 August 2025


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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		82		82


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 September 2024				31,887
	Additions				7,543
	At 31 August 2025				39,430

	Depreciation
	At 1 September 2024				19,803
	Charge for the year				3,925
	At 31 August 2025				23,728

	Net book value
	At 31 August 2025				15,702
	At 31 August 2024				12,084


4	Debtors		2025		2024
£				£

	Trade debtors		245,959		202,669
	Other debtors		-		4,741
			245,959		207,410


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		7,500		17,500
	Corporation tax		24,895		35,332
	Other creditors		146,594		125,756
			178,989		178,588


6	Related party transactions

	During the year the company paid rent of £10,200 (2024 £10,200) to Mr M Riglin for use of premises.


7	Controlling party

	Mr M Riglin is the ultimate controlling party.


8	Other information

	Mike Riglin Nursing Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 12d West Station Yard
	Spital Road
	Maldon
	Essex
	CM9 6TR