REGISTERED NUMBER: 03925743 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Medistop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D S Bhamra

SECRETARY:

Mrs S Bhamra

REGISTERED OFFICE:

10 Cresswell Crescent

Walsall

West Midlands

WS3 2UW

REGISTERED NUMBER:

03925743 (England and Wales)

ACCOUNTANTS:

Coombs Chartered Accountants

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

FIXED ASSETS

Intangible assets

4

476,330

511,765

Tangible assets

5

89,218

40,236

Investments

6

50

50

565,598

552,051

CURRENT ASSETS

Stocks

127,750

144,089

Debtors

7

1,495,222

1,260,304

Cash at bank and in hand

664,909

659,341

2,287,881

2,063,734

CREDITORS

Amounts falling due within one year

8

292,532

195,192

NET CURRENT ASSETS

1,995,349

1,868,542

TOTAL ASSETS LESS CURRENT LIABILITIES

2,560,947

2,420,593

CAPITAL AND RESERVES

Called up share capital

9

150

150

Retained earnings

2,560,797

2,420,443

SHAREHOLDER FUNDS

2,560,947

2,420,593

2,560,947

2,420,593

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 director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

D S Bhamra - Director

1.	STATUTORY INFORMATION

Medistop Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Changes in accounting policies

These financial statements for the year ended 31 March 2017. are the first financial statements that comply with FRS 102 Section 1A small entities. The date of transition is 1 April 2016.

The transition to FRS102 Section 1A small entities has resulted in no changes in accounting policies to those used previously and therefore there is no impact on opening equity and profit for the comparative period.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

All pensions costs are on gross basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

775,156

AMORTISATION

At 1 April 2024

263,391

Amortisation for year

35,435

At 31 March 2025

298,826

NET BOOK VALUE

At 31 March 2025

476,330

At 31 March 2024

511,765

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

11,800

97,530

7,100

116,430

Additions

-

68,101

-

68,101

At 31 March 2025

11,800

165,631

7,100

184,531

DEPRECIATION

At 1 April 2024

8,260

66,159

1,775

76,194

Charge for year

1,180

16,608

1,331

19,119

At 31 March 2025

9,440

82,767

3,106

95,313

NET BOOK VALUE

At 31 March 2025

2,360

82,864

3,994

89,218

At 31 March 2024

3,540

31,371

5,325

40,236

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

50

NET BOOK VALUE

At 31 March 2025

50

At 31 March 2024

50

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

473,457

462,894

Other debtors

1,021,765

797,410

1,495,222

1,260,304

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

185,638

38,021

Trade creditors

16,251

1,849

Taxation and social security

76,927

134,887

Other creditors

13,716

20,435

292,532

195,192

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

150

150