West Midlands Medical Services Limited - Accounts to registrar (filleted) - small 18.2
West Midlands Medical Services Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2018 |
| FOR |
| WEST MIDLANDS MEDICAL SERVICES LIMITED |
| WEST MIDLANDS MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 07245243) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| WEST MIDLANDS MEDICAL SERVICES LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bank Gallery |
| High Street |
| Kenilworth |
| Warwickshire |
| CV8 1LY |
| WEST MIDLANDS MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 07245243) |
| BALANCE SHEET |
| 31 May 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 on by: |
| WEST MIDLANDS MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 07245243) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2018 |
| 1. | STATUTORY INFORMATION |
| West Midlands Medical Services Limited is a |
| 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 |
| First time adoption of frs 102 1a |
| These financial statements are the first the company has prepared in accordance with Financial Reporting |
| Standard 102. The previous financial statements were prepared in accordance with Financial Reporting Standard |
| for Smaller Entities 2015. |
| This has not resulted in the restatement of any values in the comparative period. Consequently, the company is |
| not required to provide a reconciliation. |
| 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 |
| Plant & equipment | - |
| Computer equipment | - |
| 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. |
| WEST MIDLANDS MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 07245243) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2018 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2017 - 2 ). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant & | Computer |
| equipment | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 June 2017 |
| and 31 May 2018 |
| DEPRECIATION |
| At 1 June 2017 |
| Charge for year |
| At 31 May 2018 |
| NET BOOK VALUE |
| At 31 May 2018 |
| At 31 May 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1.00 | 100 | 100 |
| WEST MIDLANDS MEDICAL SERVICES LIMITED (REGISTERED NUMBER: 07245243) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2018 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 June 2017 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 May 2018 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £9,950 (2017 - £9,948) were paid to the directors . |
| Included in creditors due within one year is an amount due to the directors of £14,998 (2017: £13,582). |