Company Registration No. 06043343 (England and Wales)
Beambridge Medical Limited
Unaudited accounts
for the year ended 30 April 2020
Beambridge Medical Limited
Unaudited accounts
Contents
Beambridge Medical Limited
Statement of financial position
as at
30 April 2020
Tangible assets
2,596
5,634
Inventories
35,131
18,126
Cash at bank and in hand
35,952
26,390
Creditors: amounts falling due within one year
(21,182)
(25,694)
Net current assets
69,187
37,857
Total assets less current liabilities
71,783
43,491
Provisions for liabilities
Deferred tax
(704)
(1,008)
Called up share capital
4
4
Profit and loss account
71,075
42,479
Shareholders' funds
71,079
42,483
For the year ending 30 April 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2020 and were signed on its behalf by
Mr Steven Mochrie
Director
Company Registration No. 06043343
Beambridge Medical Limited
Notes to the Accounts
for the year ended 30 April 2020
Beambridge Medical Limited is a private company, limited by shares, registered in England and Wales, registration number 06043343. The registered office is 46 Merrow Lane, Burpham, GU4 7LQ, GB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Total
Charge for the year
5,829
Beambridge Medical Limited
Notes to the Accounts
for the year ended 30 April 2020
5
Share capital
2020
2019
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
6
Average number of employees
During the year the average number of employees was 2 (2019: 2).