Bristol Urology Associates Ltd. - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04283855 (England and Wales)

Unaudited Financial Statements for the Year Ended 25 September 2022

for

Bristol Urology Associates Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Professor R A Persad

T H Whittlestone

REGISTERED OFFICE:

Moore

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

REGISTERED NUMBER:

04283855 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

24,463

28,984

24,463

28,984

CURRENT ASSETS

Stocks

2,317

4,378

Debtors

6

33,119

66,214

Cash at bank and in hand

21,759

17,514

57,195

88,106

CREDITORS

Amounts falling due within one year

7

42,333

50,472

NET CURRENT ASSETS

14,862

37,634

TOTAL ASSETS LESS CURRENT LIABILITIES

39,325

66,618

PROVISIONS FOR LIABILITIES

4,648

5,398

NET ASSETS

34,677

61,220

CAPITAL AND RESERVES

Called up share capital

832

1,333

Retained earnings

33,845

59,887

34,677

61,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 September 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2023 and were signed on its behalf by:

Professor R A Persad - Director

1.	STATUTORY INFORMATION

Bristol Urology Associates 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, has been amortised evenly over its useful estimated life, and now stands at a net book value of nil in the accounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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

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 year was 9 (2021 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 26 September 2021

and 25 September 2022

30,000

AMORTISATION

At 26 September 2021

and 25 September 2022

30,000

NET BOOK VALUE

At 25 September 2022

-

At 25 September 2021

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 26 September 2021

and 25 September 2022

734

221,071

10,717

232,522

DEPRECIATION

At 26 September 2021

734

193,818

8,986

203,538

Charge for year

-

4,088

433

4,521

At 25 September 2022

734

197,906

9,419

208,059

NET BOOK VALUE

At 25 September 2022

-

23,165

1,298

24,463

At 25 September 2021

-

27,253

1,731

28,984

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25.9.22

25.9.21

£

£

Trade debtors

31,072

57,401

Other debtors

2,047

8,813

33,119

66,214

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25.9.22

25.9.21

£

£

Trade creditors

1,346

12,063

Taxation and social security

28,638

25,590

Other creditors

12,349

12,819

42,333

50,472

8.	RELATED PARTY DISCLOSURES

At the year end, the company owed the directors the following amounts:

R Persad £2,924 (2021 - £2,924)

These amounts are interest-free and are disclosed within other creditors in the accounts.

At the year end, the directors owed the company the following amounts:

T Whittlestone £450 (2021 - £450)

This amount is interest-free and is disclosed within other debtors in the accounts.