General Information
Parkgate Medico-Legal Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06185259, registration address 32 Boulton Avenue, West Kirby, Wirral, Merseyside , CH48 5HZ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
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)
Going concern basis
The financial statements have been prepared on a going concern basis. The director has considered the company's financial position as at 31st March 25The director considers it appropriate to prepare the financial statements on a going concern basis.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Current taxes are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted as at the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
15% Reducing Balance
|
| Computer Equipment |
33% Reducing Balance
|
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2024 |
4,967 |
|
2,634 |
|
7,601 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
4,967 |
|
2,634 |
|
7,601 |
| Depreciation |
| At 01 April 2024 |
4,291 |
|
2,376 |
|
6,667 |
| Charge for year |
102 |
|
11 |
|
113 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
4,393 |
|
2,387 |
|
6,780 |
| Net book values |
| Closing balance as at 31 March 2025 |
574 |
|
247 |
|
821 |
| Opening balance as at 01 April 2024 |
676 |
|
258 |
|
934 |
|
| 4. |
Debtors: amounts falling due within one year
|
31/03/2025
£ |
|
31/03/2024
£ |
| Trade Debtors |
4,764 |
|
29,319 |
| Other Debtors |
8,521 |
|
0 |
| Directors' Current Accounts |
8,189 |
|
25,247 |
| VAT |
13,363 |
|
5,506 |
|
34,837 |
|
60,072 |
|
| 5. |
Creditors: amount falling due within one year
|
31/03/2025
£ |
|
31/03/2024
£ |
| Trade Creditors |
43,114 |
|
35,917 |
| Bank Loans & Overdrafts (Secured) |
4,444 |
|
4,444 |
| PAYE & Social Security |
0 |
|
70 |
| Accrued Expenses |
1,264 |
|
4,200 |
| Other Creditors |
5,657 |
|
5,450 |
| Pension Contributions |
17 |
|
17 |
|
54,496 |
|
50,098 |
|
| 6. |
Creditors: amount falling due after more than one year
|
31/03/2025
£ |
|
31/03/2024
£ |
| Bank Loans & Overdrafts (secured) |
20,893 |
|
24,889 |
|
20,893 |
|
24,889 |
Security
The Bounce Back loan is backed by HM Government.
|
| 7. |
Share Capital
Allotted, called up and fully paid
|
31/03/2025
£ |
|
31/03/2024
£ |
|
2
Ordinary shares of £1.00 each |
2 |
|
2 |
|
2 |
|
2 |
|
|
Director's Advances and Credits
As at the year end the director, N Rea, owed the company £8,189 (2024- £25,246). This advance is made up of various and numerous transactions. The loan is unsecured, interest free with no formal repayment schedule.
|
2
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