Accord Medical Ltd - Filleted accounts

Accord Medical Ltd
Registered number:		07513940
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		57,316			33,078

Current assets
Debtors	4	1,330			2,500
Cash at bank and in hand		78,210			110,572
		79,540			113,072

Creditors: amounts falling due within one year	5	(8,911)			(10,982)

Net current assets			70,629			102,090

Net assets			127,945			135,168

Capital and reserves
Called up share capital			10			10
Profit and loss account			127,935			135,158

Shareholders' funds			127,945			135,168

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.




E Warren
Director
Approved by the board on 23 April 2026

Accord Medical Ltd
Notes to the Accounts
for the year ended 28 February 2026


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:

	Vehicles			25% on reducing balance
	Fixtures, fittings, tools and equipment			15% on 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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2025	28,233		10,057		21,417		59,707
	Additions	-		-		37,400		37,400
	Disposals	-		-		(21,417)		(21,417)
	At 28 February 2026	28,233		10,057		37,400		75,690

	Depreciation
	At 1 March 2025	-		8,842		17,787		26,629
	Charge for the year	-		182		9,350		9,532
	On disposals	-		-		(17,787)		(17,787)
	At 28 February 2026	-		9,024		9,350		18,374

	Net book value
	At 28 February 2026	28,233		1,033		28,050		57,316
	At 28 February 2025	28,233		1,215		3,630		33,078


4	Debtors					2026		2025
£							£

	Deferred tax asset					488		1,886
	Other debtors					842		614
						1,330		2,500


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					121		-
	Corporation tax					-		2,990
	Other taxes and social security costs					6,932		5,897
	Other creditors					1,858		2,095
						8,911		10,982


6	Controlling party

	The ultimate controlling party is E Warren. The director controlled the company throughout the current period, by virtue of the fact that they own all of the issued share capital.


7	Other information

	Accord Medical Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Orchard Barn
	Sandford Manor, Sandford Hill
	Bridgwater
	Somerset
	TA5 2AY