CRANWELL MEDICAL DEVELOPMENTS LIMITED


Directors	FOLWELL, Neil Richard
	PEDDER-SMITH, Stephen Mark, Dr


Registered Address	The Medical Centre
	Cranwell Road
	Driffield
	YO25 6UH


Registered Number	07319691 (England and Wales)

Statement of Financial Position
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		197,800		202,100
			197,800		202,100
Current assets
Debtors	4	22,274		16,477
Cash at bank and on hand		10,995		6,617
		33,269		23,094
Creditors amounts falling due within one year	5	(14,638)		(10,619)
Net current assets (liabilities)			18,631		12,475
Total assets less current liabilities			216,431		214,575
Creditors amounts falling due after one year	6		(75,476)		(78,313)
Net assets			140,955		136,262
Capital and reserves
Called up share capital			120		120
Revaluation reserve			18,838		18,838
Profit and loss account			121,997		117,304
Shareholders' funds			140,955		136,262

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 June 2026, and are signed on its behalf by:

FOLWELL, Neil Richard
Director
Registered Company No. 07319691

CRANWELL MEDICAL DEVELOPMENTS LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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/or 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.

Turnover policy

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/or 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows: Freehold property - 2% Straight line

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

Freehold property - 2% Straight line

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 October 24	215,000	215,000
At 30 September 25	215,000	215,000
Depreciation and impairment
At 01 October 24	12,900	12,900
Charge for year	4,300	4,300
At 30 September 25	17,200	17,200
Net book value
At 30 September 25	197,800	197,800
At 30 September 24	202,100	202,100

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	22,274	16,477
Total	22,274	16,477

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,390	1,942
Taxation and social security	2,912	2,652
Other creditors	6,441	3,250
Accrued liabilities and deferred income	2,895	2,775
Total	14,638	10,619


	The bank loan is secured by a legal mortgage over the company's property.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	75,476	78,313
Total	75,476	78,313


	The bank loan is secured by a legal mortgage over the company's property.