SHD Medical Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09192422

		2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		133,284
Investments	5		50,000

			183,284
CURRENT ASSETS
Stocks	6	15,890
Debtors	7	41,500

		57,390
Creditors: Amounts Falling Due Within One Year	8	(42,644 )

NET CURRENT ASSETS (LIABILITIES)			14,746

TOTAL ASSETS LESS CURRENT LIABILITIES			198,030

Creditors: Amounts Falling Due After More Than One Year	9		(6,098 )

NET ASSETS			191,932

CAPITAL AND RESERVES
Called up share capital	11		100
Profit and Loss Account			191,832

SHAREHOLDERS' FUNDS			191,932

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SHD Medical Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alexis Socratous

Director

31st August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

SHD Medical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09192422 . The registered office is Unit 8 Bowker House, Lee Mill Bridge, Ivybridge, PL21 9EF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	7% Reducing balance
Motor Vehicles	7% Reducing balance
Fixtures & Fittings	7% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3

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SHD Medical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 September 2024	3,924	83,596	89,253	176,773
Additions	309	10,000	39,546	49,855
Disposals	-	(23,935 )	-	(23,935 )

As at 31 August 2025	4,233	69,661	128,799	202,693

Depreciation
As at 1 September 2024	2,842	49,127	21,539	73,508
Provided during the period	97	2,427	7,508	10,032
Disposals	-	(14,131 )	-	(14,131 )

As at 31 August 2025	2,939	37,423	29,047	69,409

Net Book Value
As at 31 August 2025	1,294	32,238	99,752	133,284

As at 1 September 2024	1,082	34,469	67,714	103,265

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 September 2024	50,000

As at 31 August 2025	50,000

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	50,000

As at 1 September 2024	50,000

6. Stocks

	2025
	£
Stock	15,890

7. Debtors

	2025
	£
Due within one year
Other debtors	41,500

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SHD Medical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Creditors: Amounts Falling Due Within One Year

	2025
	£
Net obligations under finance lease and hire purchase contracts	2,607
Bank loans and overdrafts	36,139
Other creditors	2,514
Taxation and social security	1,384

	42,644

9. Creditors: Amounts Falling Due After More Than One Year

	2025
	£
Net obligations under finance lease and hire purchase contracts	6,098

10. Obligations Under Finance Leases and Hire Purchase

	2025
	£
The future minimum finance lease payments are as follows:
Not later than one year	2,607
Later than one year and not later than five years	6,098

	8,705

	8,705

11. Share Capital

	2025
	£
Allotted, Called up and fully paid	100

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