MRY Cardiac Supplies Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 06633331

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		4,532		6,042

			4,532		6,042
CURRENT ASSETS
Debtors		405,309		327,379
Cash at bank and in hand		169,623		156,802

		574,932		484,181
Creditors: Amounts Falling Due Within One Year		(362,907 )		(234,587 )

NET CURRENT ASSETS (LIABILITIES)			212,025		249,594

TOTAL ASSETS LESS CURRENT LIABILITIES			216,557		255,636

NET ASSETS			216,557		255,636

CAPITAL AND RESERVES
Called up share capital	6		325		450
Capital redemption reserve			125		-
Profit and Loss Account			216,107		255,186

SHAREHOLDERS' FUNDS			216,557		255,636

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MRY Cardiac Supplies Limited

Abridged Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

R W Bowers Director	J R Paisey Director	A M Yue Director
7 January 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

MRY Cardiac Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06633331 . The registered office is The Studio, 1 Canons Lane, Burgh Heath, Surrey, KT20 6DP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Reducing balance
Computer Equipment	25% Reducing balance

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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MRY Cardiac Supplies Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 April 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Intangible Assets

	Total
	£
Cost
As at 1 May 2024	601,500

As at 30 April 2025	601,500

Amortisation
As at 1 May 2024	601,500

As at 30 April 2025	601,500

Net Book Value
As at 30 April 2025	-

As at 1 May 2024	-

5. Tangible Assets

	Total
	£
Cost
As at 1 May 2024	17,827

As at 30 April 2025	17,827

Depreciation
As at 1 May 2024	11,785
Provided during the period	1,510

As at 30 April 2025	13,295

Net Book Value
As at 30 April 2025	4,532

As at 1 May 2024	6,042

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	325	450

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MRY Cardiac Supplies Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 April 2025

7. Reserves

Share Repurchase Scheme

The following statement, and disclosures in the financial statements, are made in compliance with Section 714, Section 790, and Schedule 1 of the Companies Act 2006.

During the year the company entered into negotiations to repurchase the holding of 125 ordinary shares of £1 each and to subsequently cancel the shares acquired. The purchase consideration of £187,500 and the attendant stamp duty were funded by the available reserves.

Having made full inquiry into the affairs and prospects of the company, the directors have formed the opinion:

a. as regards its initial situation immediately following the date on which the paymentout of capital is proposed to be made, that there will be no grounds on which thecompany could then be found unable to pay its debts, and

b. as regards its prospects for the year immediately following that date, that having regard to:

i. their intentions with respect to the management of the company’s business during that year, and

ii. the amount and character of the financial resources that will in their view be available to the company during that year

iii. the company will be able to continue to carry on business as a going concern and to fully meet its commitments throughout thatyear.

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