Cumberland Medical Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02914419 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2020 TO 30 APRIL 2021

FOR

CUMBERLAND MEDICAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs S L Clark

Mr R J B McLoughlin

Mr W F McLoughlin

SECRETARIES:

Mrs S L Clark

Mr G J A McLoughlin

Miss R L McLoughlin

REGISTERED OFFICE:

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

REGISTERED NUMBER:

02914419 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

-

280,947

CURRENT ASSETS

Stocks

-

2,208

Debtors

5

-

141,746

Cash at bank and in hand

14,758

524,327

14,758

668,281

CREDITORS

Amounts falling due within one year

6

13,271

51,718

NET CURRENT ASSETS

1,487

616,563

TOTAL ASSETS LESS CURRENT LIABILITIES

1,487

897,510

PROVISIONS FOR LIABILITIES

1,130

1,130

NET ASSETS

357

896,380

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

257

896,280

SHAREHOLDERS' FUNDS

357

896,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2021 and were signed on its behalf by:

Mrs S L Clark - Director

1.	STATUTORY INFORMATION

Cumberland Medical Services Limited 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 represents net invoiced services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2020 - 9 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2020

275,000

128,000

403,000

Disposals

(275,000

)

(116,437

)

(391,437

)

At 30 April 2021

-

11,563

11,563

DEPRECIATION

At 1 April 2020

-

122,053

122,053

Charge for period

-

954

954

Eliminated on disposal

-

(111,444

)

(111,444

)

At 30 April 2021

-

11,563

11,563

NET BOOK VALUE

At 30 April 2021

-

-

-

At 31 March 2020

275,000

5,947

280,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/21

31/3/20

£

£

Trade debtors

-

45,024

Other debtors

-

96,722

-

141,746

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/21

31/3/20

£

£

Trade creditors

73

345

Taxation and social security

3,498

4,276

Other creditors

9,700

47,097

13,271

51,718

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/21

31/3/20

value:

£

£

76

Ordinary 'A'

£1

76

76

12

Ordinary 'B'

£1

12

12

12

Ordinary 'C'

£1

12

12

100

100