1 October 2024 false No description of principal activity Taxfiler 2024.6 11573911 business:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 11573911 2024-09-30 11573911 2024-10-01 2025-09-30 11573911 business:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 11573911 business:FilletedAccounts 2024-10-01 2025-09-30 11573911 2025-09-30 11573911 business:Director1 2024-10-01 2025-09-30 11573911 business:RegisteredOffice 2024-10-01 2025-09-30 11573911 2024-09-30 11573911 core:WithinOneYear 2025-09-30 11573911 core:WithinOneYear 2024-09-30 11573911 core:AfterOneYear 2025-09-30 11573911 core:AfterOneYear 2024-09-30 11573911 core:ShareCapital core:PreviouslyStatedAmount 2025-09-30 11573911 core:ShareCapital core:PreviouslyStatedAmount 2024-09-30 11573911 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 11573911 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 11573911 core:PreviouslyStatedAmount 2025-09-30 11573911 core:PreviouslyStatedAmount 2024-09-30 11573911 business:SmallEntities 2024-10-01 2025-09-30 11573911 countries:EnglandWales 2024-10-01 2025-09-30 11573911 core:ComputerEquipment 2024-10-01 2025-09-30 11573911 core:PlantMachinery 2024-09-30 11573911 core:FurnitureFittings 2024-09-30 11573911 core:ComputerEquipment 2024-09-30 11573911 core:PlantMachinery 2024-10-01 2025-09-30 11573911 core:FurnitureFittings 2024-10-01 2025-09-30 11573911 core:PlantMachinery 2025-09-30 11573911 core:FurnitureFittings 2025-09-30 11573911 core:ComputerEquipment 2025-09-30 11573911 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 11573911 (England and Wales)
PENNINE MEDICAL SUPPLIES LTD Unaudited accounts for the year ended 30 September 2025
PENNINE MEDICAL SUPPLIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PENNINE MEDICAL SUPPLIES LTD Company Information for the year ended 30 September 2025
Director
HUSNAIN SHARIF
Company Number
11573911 (England and Wales)
Registered Office
84 HIGHER MARKET STREET FARNWORTH BOLTON BL4 9BB
Accountants
SAGHIR AHMAD & COMPANY, INTERNATIONAL ACCOUNTANTS 2nd Floor 33 Bent Street Cheetham Hill Manchester M8 8NW
- 3 -
PENNINE MEDICAL SUPPLIES LTD Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
38,114
39,145
Current assets
Inventories
24,800
23,500
Debtors
5
14,666
35,845
Cash at bank and in hand
80,399
62,878
119,865
122,223
Creditors: amounts falling due within one year
6
(76,437)
(76,980)
Net current assets
43,428
45,243
Total assets less current liabilities
81,542
84,388
Creditors: amounts falling due after more than one year
7
(24,503)
(36,112)
Net assets
57,039
48,276
Capital and reserves
Called up share capital
1
1
Profit and loss account
57,038
48,275
Shareholders' funds
57,039
48,276
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2026 and were signed on its behalf by
HUSNAIN SHARIF Director Company Registration No. 11573911
- 4 -
PENNINE MEDICAL SUPPLIES LTD Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
PENNINE MEDICAL SUPPLIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11573911. The registered office is 84 HIGHER MARKET STREET, FARNWORTH, BOLTON, BL4 9BB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% per annum reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
PENNINE MEDICAL SUPPLIES LTD Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
45,000
-
8,588
53,588
Additions
-
2,540
1,885
4,425
At 30 September 2025
45,000
2,540
10,473
58,013
Depreciation
At 1 October 2024
9,603
-
4,840
14,443
Charge for the year
3,540
508
1,408
5,456
At 30 September 2025
13,143
508
6,248
19,899
Net book value
At 30 September 2025
31,857
2,032
4,225
38,114
At 30 September 2024
35,397
-
3,748
39,145
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
14,666
35,845
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,550
4,425
Obligations under finance leases and hire purchase contracts
4,850
5,537
Trade creditors
35,336
39,322
Taxes and social security
14,584
10,817
Loans from directors
11,607
12,335
Accruals
6,510
4,544
76,437
76,980
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,580
11,836
Obligations under finance leases and hire purchase contracts
18,923
24,276
24,503
36,112
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
- 6 -