Medisec Ambulance Service Limited

Registered number

07701262

Filleted Accounts

31 October 2025

Medisec Ambulance Service Limited
Registered number:		07701262
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		408,259			228,278

Current assets
Stocks and WIP		1,000			1,000
Debtors	4	342,832			518,445
Cash at bank and in hand		166,124			123,486
		509,956			642,931

Creditors: amounts falling due within one year	5	(109,435)			(234,230)

Net current assets			400,521			408,701

Total assets less current liabilities			808,780			636,979

Creditors: amounts falling due after more than one year	6		-			(7,666)

Provisions for liabilities			(71,201)			(46,075)


Net assets			737,579			583,238

Capital and reserves
Called up share capital			100			100
Profit and loss account			737,479			583,138

Shareholders' funds			737,579			583,238

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.




Mr H Davies
Director
Approved by the board on 7 May 2026

Medisec Ambulance Service Limited
Notes to the Accounts
for the year ended 31 October 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:

	Computers			25% reducing balance
	Plant and machinery			25% reducing balance
	Motor vehicles			33% reducing balance

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	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					20		13


3	Tangible fixed assets
		Land & buildings		Plant, machinery & computers		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	-		95,062		454,109		549,171
	Additions	75,724		5,779		214,000		295,503
	Disposals	-		-		(7,500)		(7,500)
	At 31 October 2025	75,724		100,841		660,609		837,174

	Depreciation
	At 1 November 2024	-		59,477		261,416		320,893
	Charge for the year	-		9,891		98,131		108,022
	At 31 October 2025	-		69,368		359,547		428,915

	Net book value
	At 31 October 2025	75,724		31,473		301,062		408,259
	At 31 October 2024	-		35,585		192,693		228,278


4	Debtors					2025		2024
£							£

	Trade debtors					165,704		307,717
	Other debtors					177,128		210,728
						342,832		518,445


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

	Bank loans and overdrafts					7,666		10,000
	Taxation and social security costs					98,514		218,255
	Other creditors					3,255		5,975
						109,435		234,230


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		7,666


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr H Davies
	Included within the other debtors figure is the overdrawn loan balance due from Mr Davies	124,349		7,528		(59,183)		72,694

	Mr K Harmash
	Included within the other debtors figure is the overdrawn loan balance due from Mr Harmash	81,609		11,484		(61,170)		31,923

		205,958		19,012		(120,353)		104,617


8	Other information

	Medisec Ambulance Service Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 1 Mount Pleasant Industrial Estate
	Mount Pleasant Road
	Southampton
	Hampshire
	SO14 0SP