REGISTERED NUMBER: 07583325 (England and Wales)

Musculoskeletal Imaging Limited

Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L J King

H G King

REGISTERED OFFICE:

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

REGISTERED NUMBER:

07583325 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

FIXED ASSETS

Tangible assets

4

622

932

CURRENT ASSETS

Debtors

5

20,678

27,042

Cash at bank

261,228

221,118

281,906

248,160

CREDITORS

Amounts falling due within one year

6

(68,716

)

(63,307

)

NET CURRENT ASSETS

213,190

184,853

TOTAL ASSETS LESS CURRENT LIABILITIES

213,812

185,785

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

213,612

185,585

SHAREHOLDERS' FUNDS

213,812

185,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st December 2025 and were signed on its behalf by:

L J King - Director

1.	STATEMENT OF COMPLIANCE

Musculoskeletal Imaging Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 2 Oriel Court, Omega Park, Alton, GU34 2YT. The registration number is 07583325.

The financial statements are presented in sterling, which is the functional currency of the company and rounded to the nearest pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2024

and 31st March 2025

5,207

DEPRECIATION

At 1st April 2024

4,275

Charge for year

310

At 31st March 2025

4,585

NET BOOK VALUE

At 31st March 2025

622

At 31st March 2024

932

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

240

841

Directors' current accounts

2,631

4,483

Prepayments

-

1,611

Accrued income

17,807

20,107

20,678

27,042

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

63,073

57,935

Accruals and deferred income

5,643

5,372

68,716

63,307

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

L J King

Balance outstanding at start of year

4,483

3,114

Amounts advanced

5,568

6,927

Amounts repaid

(7,420

)

(5,558

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,631

4,483

The directors advance will be repaid within 9 months of the year-end.