Company registration number 11975258 (England and Wales)
FORGE MEDICAL SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2026
PAGES FOR FILING WITH REGISTRAR
FORGE MEDICAL SERVICES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
FORGE MEDICAL SERVICES LTD
BALANCE SHEET
AS AT
31 MAY 2026
31 May 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
27,391
34,367
Investments
4
119,625
65,330
147,016
99,697
Current assets
Debtors
5
856
885
Cash at bank and in hand
79,231
61,221
80,087
62,106
Creditors: amounts falling due within one year
6
(19,822)
(7,938)
Net current assets
60,265
54,168
Total assets less current liabilities
207,281
153,865
Provisions for liabilities
(10,833)
(6,529)
Net assets
196,448
147,336
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
196,348
147,236
Total equity
196,448
147,336
FORGE MEDICAL SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2026
31 May 2026
- 2 -

For the financial year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 July 2026 and are signed on its behalf by:
Dr M R Thomas
Director
Company registration number 11975258 (England and Wales)
FORGE MEDICAL SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2026
- 3 -
1
Accounting policies
Company information

Forge Medical Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, United Kingdom, EX2 5WS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% per annum on net book value
Motor vehicles
20% per annum on net book value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Listed investments are initially measured at transaction price excluding transaction costs, and are

subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Transaction costs are expensed to profit or loss as incurred.

1.5
Equity instruments

Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

FORGE MEDICAL SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
3
3
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 June 2025 and 31 May 2026
5,400
40,076
45,476
Depreciation and impairment
At 1 June 2025
3,093
8,016
11,109
Depreciation charged in the year
580
6,396
6,976
At 31 May 2026
3,673
14,412
18,085
Carrying amount
At 31 May 2026
1,727
25,664
27,391
At 31 May 2025
2,307
32,060
34,367
FORGE MEDICAL SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
- 5 -
4
Fixed asset investments
2026
2025
£
£
Other investments other than loans
119,625
65,330
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 June 2025
65,330
Additions
30,000
Valuation changes
24,295
At 31 May 2026
119,625
Carrying amount
At 31 May 2026
119,625
At 31 May 2025
65,330
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
856
885
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
43
240
Taxation and social security
8,787
1,268
Other creditors
10,992
6,430
19,822
7,938
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