Registration number: 15927847

FAS MEDICAL SERVICES LIMITED

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

FAS MEDICAL SERVICES LIMITED

Company Information

Directors

F A Shah A I Shah

Registered office

37 Spinney Hill Warwick CV34 5SL

Accountants

K&S Professionals Limited Chartered Certified Accountants41 Rivington Crescent Mill Hill London NW7 2LF

FAS MEDICAL SERVICES LIMITED

(Registration number: 15927847)
Balance Sheet as at 31 August 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	1,358	1,697
Tangible assets	5	125,422	142,892
		126,780	144,589
Current assets
Debtors	6	9,567	-
Cash at bank and in hand		29,973	19,842
		39,540	19,842
Creditors: Amounts falling due within one year	7	(14,758)	(25,273)
Net current assets/(liabilities)		24,782	(5,431)
Total assets less current liabilities		151,562	139,158
Creditors: Amounts falling due after more than one year	7	(57,481)	(63,578)
Net assets		94,081	75,580
Capital and reserves
Called up share capital	8	100	100
Retained earnings		93,981	75,480
Shareholders' funds		94,081	75,580

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 October 2026 and signed on its behalf by:
 

FAS MEDICAL SERVICES LIMITED

(Registration number: 15927847)
Balance Sheet as at 31 August 2026

......................................... F A Shah Director

FAS MEDICAL SERVICES LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
37 Spinney Hill
Warwick
CV34 5SL

These financial statements were authorised for issue by the Board on 25 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

FAS MEDICAL SERVICES LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	25% Straight line method
Office equipment	25% Straight line method

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

FAS MEDICAL SERVICES LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

FAS MEDICAL SERVICES LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 September 2025	1,697	1,697
At 31 August 2026	1,697	1,697
Amortisation
Amortisation charge	339	339
At 31 August 2026	339	339
Carrying amount
At 31 August 2026	1,358	1,358
At 31 August 2025	1,697	1,697

5	Tangible assets

	Land and buildings £	Fixtures and fittings £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2025	10,000	9,636	2,916	123,478	146,030
Additions	8,950	11,931	-	-	20,881
At 31 August 2026	18,950	21,567	2,916	123,478	166,911
Depreciation
At 1 September 2025	1,000	1,409	729	-	3,138
Charge for the year	1,895	-	5,586	30,870	38,351
At 31 August 2026	2,895	1,409	6,315	30,870	41,489
Carrying amount
At 31 August 2026	16,055	20,158	(3,399)	92,608	125,422
At 31 August 2025	9,000	8,227	2,187	123,478	142,892

Included within the net book value of land and buildings above is £16,055 (2025 - £9,000) in respect of freehold land and buildings.
 

FAS MEDICAL SERVICES LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

6

Debtors

Current	2026 £	2025 £
Other debtors	9,567	-
	9,567	-

FAS MEDICAL SERVICES LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	12,380	16,971
Taxation and social security		878	-
Accruals and deferred income		1,500	1,500
Other creditors		-	6,802
		14,758	25,273

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	57,481	63,578

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	57,481	63,578

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	12,380	16,971