General Anaesthetic Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 02554972 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

General Anaesthetic Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

O P Carter

REGISTERED OFFICE:

Worth Valley House

Ingrow Bridge Business Park

Halifax Road

Keighley

West Yorkshire

BD21 5EF

REGISTERED NUMBER:

02554972 (England and Wales)

ACCOUNTANTS:

Malcolm Jones & Co LLP

Accountants and Business Advisors

West Hill House

Allerton Hill

Chapel Allerton

Leeds

LS7 3QB

FIXED ASSETS

Tangible assets

4

39,697

29,597

CURRENT ASSETS

Stocks

165,139

138,302

Debtors

5

212,078

206,496

Cash at bank and in hand

19,822

62,701

397,039

407,499

CREDITORS

Amounts falling due within one year

6

301,843

296,249

NET CURRENT ASSETS

95,196

111,250

TOTAL ASSETS LESS CURRENT
LIABILITIES

134,893

140,847

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

124,893

130,847

SHAREHOLDERS' FUNDS

134,893

140,847

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

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

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 2 September 2026 and were signed by:

O P Carter - Director

1.	STATUTORY INFORMATION

General Anaesthetic Services Ltd 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.

Tangible fixed assets

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

Land and buildings

-

25% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Trade debtors

The company receives advances on account of Trade debtors. Trade debtors are shown at the full value of debts due from customers and factoring advances received on account of outstanding debts are shown under creditors. Costs and interest are charged against profits on an actual basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

31,456

237,106

268,562

Additions

-

29,385

Disposals

-

(15,545

)

(15,545

)

At 31 December 2025

31,456

250,946

282,402

DEPRECIATION

At 1 January 2025

31,456

207,509

238,965

Charge for year

-

19,285

Eliminated on disposal

-

(15,545

)

(15,545

)

At 31 December 2025

31,456

211,249

242,705

NET BOOK VALUE

At 31 December 2025

-

39,697

At 31 December 2024

-

29,597

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

197,285

183,709

Other debtors

14,793

22,787

212,078

206,496

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

31,383

43,315

Taxation and social security

46,138

49,414

Other creditors

224,322

203,520

301,843

296,249

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Factoring advances

165,521

137,682

On 15 December 2008 an All Assets Debenture charge was raised in favour of LloydsTSB Commercial Finance Limited, covering all monies, obligations and liabilities due, owing or incurred to that company.

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

O P Carter

Balance outstanding at start of year

-

Amounts advanced

212

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

212

-