REGISTERED NUMBER: 04944086 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Filey Medical Services Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Emmanuel Osemudiame Ugboh

REGISTERED OFFICE:

15 Sunrise Drive, Moor Road

Filey

YO14 9GE

REGISTERED NUMBER:

04944086 (England and Wales)

ACCOUNTANTS:

Flannagans - Hartlepool Office

Chartered Certified Accountants

7 Bankside

The Watermark

Gateshead

Tyne and Wear

NE11 9SY

FIXED ASSETS

Intangible assets

4

3,409

4,545

Tangible assets

5

20,065

21,153

23,474

25,698

CURRENT ASSETS

Stocks

17,000

15,000

Debtors

380,194

375,594

Cash at bank and in hand

97,098

58,325

494,292

448,919

CREDITORS

Amounts falling due within one year

402,667

407,321

NET CURRENT ASSETS

91,625

41,598

TOTAL ASSETS LESS CURRENT LIABILITIES

115,099

67,296

PROVISIONS FOR LIABILITIES

5,365

5,811

NET ASSETS

109,734

61,485

CAPITAL AND RESERVES

Called up share capital

198

198

Retained earnings

109,536

61,287

109,734

61,485

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2026 and were signed by:

Mr Emmanuel Osemudiame Ugboh - Director

1.	STATUTORY INFORMATION

Filey Medical Services 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.

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.

Turnover

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

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

22,722

AMORTISATION

At 1 November 2024

18,177

Amortisation for year

1,136

At 31 October 2025

19,313

NET BOOK VALUE

At 31 October 2025

3,409

At 31 October 2024

4,545

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

141,793

Additions

5,600

At 31 October 2025

147,393

DEPRECIATION

At 1 November 2024

120,640

Charge for year

6,688

At 31 October 2025

127,328

NET BOOK VALUE

At 31 October 2025

20,065

At 31 October 2024

21,153

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Galaxy Health Plus Ltd.