2016 Companies House Accounts - pinacle (P16IXCHSE)

2016 Companies House Accounts - pinacle (P16IXCHSE)

PRIME MEDICALS LIMITED - Company Information

Print Friendly Version

PRIME MEDICALS LTD 4287166 2015-10-01 2016-09-30 false true 4287166 2014-09-30 4287166 2014-10-01 2015-09-30 4287166 uk-bus:AllOrdinaryShares 2014-10-01 2015-09-30 4287166 uk-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 4287166 uk-bus:OrdinaryShareClass2 2014-10-01 2015-09-30 4287166 uk-bus:OrdinaryShareClass3 2014-10-01 2015-09-30 4287166 uk-countries:OtherCountriesRegions 2014-10-01 2015-09-30 4287166 uk-countries:UnitedKingdom 2014-10-01 2015-09-30 4287166 uk-countries:UnitedStates 2014-10-01 2015-09-30 4287166 uk-countries:Europe 2014-10-01 2015-09-30 4287166 uk-countries:Africa 2014-10-01 2015-09-30 4287166 uk-countries:South-eastAsia 2014-10-01 2015-09-30 4287166 uk-gaap:BusinessSegment1 2014-10-01 2015-09-30 4287166 uk-gaap:BusinessSegment2 2014-10-01 2015-09-30 4287166 uk-gaap:BusinessSegment3 2014-10-01 2015-09-30 4287166 uk-gaap:BusinessSegment4 2014-10-01 2015-09-30 4287166 uk-gaap:BusinessSegment5 2014-10-01 2015-09-30 4287166 uk-gaap:OfficeEquipment 2014-10-01 2015-09-30 4287166 uk-gaap:FixturesFittingsToolsEquipment 2014-10-01 2015-09-30 4287166 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-10-01 2015-09-30 4287166 uk-gaap:PositiveGoodwill 2014-10-01 2015-09-30 4287166 uk-gaap:LandBuildings 2014-10-01 2015-09-30 4287166 uk-gaap:LeasedTangibleFixedAssets 2014-10-01 2015-09-30 4287166 uk-gaap:LongLeaseholdProperties 2014-10-01 2015-09-30 4287166 uk-gaap:Vehicles 2014-10-01 2015-09-30 4287166 uk-gaap:MotorVehicles 2014-10-01 2015-09-30 4287166 uk-gaap:OtherIntangibleFixedAssets 2014-10-01 2015-09-30 4287166 uk-gaap:OtherTangibleFixedAssets 2014-10-01 2015-09-30 4287166 uk-gaap:SharesListedFixedAssetInvestments 2014-10-01 2015-09-30 4287166 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-10-01 2015-09-30 4287166 uk-gaap:PlantMachinery 2014-10-01 2015-09-30 4287166 uk-gaap:ShortLeaseholdProperties 2014-10-01 2015-09-30 4287166 uk-gaap:DevelopmentCostsPatentsSimilar 2014-10-01 2015-09-30 4287166 uk-gaap:DividendsProposed 2014-10-01 2015-09-30 4287166 uk-bus:RegisteredOffice 2014-10-01 2015-09-30 4287166 uk-bus:CompanySecretaryDirector 2014-10-01 2015-09-30 4287166 uk-bus:Director1 2014-10-01 2015-09-30 4287166 uk-bus:Director2 2014-10-01 2015-09-30 4287166 uk-bus:Director3 2014-10-01 2015-09-30 4287166 uk-bus:Director4 2014-10-01 2015-09-30 4287166 uk-bus:Director5 2014-10-01 2015-09-30 4287166 uk-bus:Director6 2014-10-01 2015-09-30 4287166 uk-bus:Director7 2014-10-01 2015-09-30 4287166 uk-bus:Director8 2014-10-01 2015-09-30 4287166 uk-bus:Director9 2014-10-01 2015-09-30 4287166 uk-bus:Director10 2014-10-01 2015-09-30 4287166 uk-bus:AllEntityOfficers 2014-10-01 2015-09-30 4287166 uk-bus:EntityAccountantsOrAuditors 2014-10-01 2015-09-30 4287166 uk-bus:EntityBankers 2014-10-01 2015-09-30 4287166 uk-bus:EntityLawyersOrLegalAdvisers 2014-10-01 2015-09-30 4287166 2015-09-30 4287166 uk-bus:AllOrdinaryShares 2015-09-30 4287166 uk-bus:OrdinaryShareClass1 2015-09-30 4287166 uk-bus:OrdinaryShareClass2 2015-09-30 4287166 uk-bus:OrdinaryShareClass3 2015-09-30 4287166 uk-gaap:OfficeEquipment 2015-09-30 4287166 uk-gaap:FixturesFittingsToolsEquipment 2015-09-30 4287166 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-09-30 4287166 uk-gaap:PositiveGoodwill 2015-09-30 4287166 uk-gaap:LandBuildings 2015-09-30 4287166 uk-gaap:LeasedTangibleFixedAssets 2015-09-30 4287166 uk-gaap:LongLeaseholdProperties 2015-09-30 4287166 uk-gaap:Vehicles 2015-09-30 4287166 uk-gaap:MotorVehicles 2015-09-30 4287166 uk-gaap:OtherIntangibleFixedAssets 2015-09-30 4287166 uk-gaap:OtherTangibleFixedAssets 2015-09-30 4287166 uk-gaap:SharesListedFixedAssetInvestments 2015-09-30 4287166 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-09-30 4287166 uk-gaap:PlantMachinery 2015-09-30 4287166 uk-gaap:ShortLeaseholdProperties 2015-09-30 4287166 2015-10-01 2016-09-30 4287166 uk-countries:OtherCountriesRegions 2015-10-01 2016-09-30 4287166 uk-countries:UnitedKingdom 2015-10-01 2016-09-30 4287166 uk-countries:UnitedStates 2015-10-01 2016-09-30 4287166 uk-countries:Europe 2015-10-01 2016-09-30 4287166 uk-countries:Africa 2015-10-01 2016-09-30 4287166 uk-countries:South-eastAsia 2015-10-01 2016-09-30 4287166 uk-bus:AllOrdinaryShares 2015-10-01 2016-09-30 4287166 uk-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 4287166 uk-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 4287166 uk-bus:OrdinaryShareClass3 2015-10-01 2016-09-30 4287166 uk-gaap:BusinessSegment1 2015-10-01 2016-09-30 4287166 uk-gaap:BusinessSegment2 2015-10-01 2016-09-30 4287166 uk-gaap:BusinessSegment3 2015-10-01 2016-09-30 4287166 uk-gaap:BusinessSegment4 2015-10-01 2016-09-30 4287166 uk-gaap:BusinessSegment5 2015-10-01 2016-09-30 4287166 uk-gaap:OfficeEquipment 2015-10-01 2016-09-30 4287166 uk-gaap:FixturesFittingsToolsEquipment 2015-10-01 2016-09-30 4287166 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-10-01 2016-09-30 4287166 uk-gaap:PositiveGoodwill 2015-10-01 2016-09-30 4287166 uk-gaap:LandBuildings 2015-10-01 2016-09-30 4287166 uk-gaap:LeasedTangibleFixedAssets 2015-10-01 2016-09-30 4287166 uk-gaap:LongLeaseholdProperties 2015-10-01 2016-09-30 4287166 uk-gaap:Vehicles 2015-10-01 2016-09-30 4287166 uk-gaap:MotorVehicles 2015-10-01 2016-09-30 4287166 uk-gaap:OtherIntangibleFixedAssets 2015-10-01 2016-09-30 4287166 uk-gaap:OtherTangibleFixedAssets 2015-10-01 2016-09-30 4287166 uk-gaap:SharesListedFixedAssetInvestments 2015-10-01 2016-09-30 4287166 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-10-01 2016-09-30 4287166 uk-gaap:PlantMachinery 2015-10-01 2016-09-30 4287166 uk-gaap:ShortLeaseholdProperties 2015-10-01 2016-09-30 4287166 uk-gaap:DevelopmentCostsPatentsSimilar 2015-10-01 2016-09-30 4287166 uk-gaap:DividendsProposed 2015-10-01 2016-09-30 4287166 uk-bus:RegisteredOffice 2015-10-01 2016-09-30 4287166 uk-bus:CompanySecretaryDirector 2015-10-01 2016-09-30 4287166 uk-bus:Director1 2015-10-01 2016-09-30 4287166 uk-bus:Director2 2015-10-01 2016-09-30 4287166 uk-bus:Director3 2015-10-01 2016-09-30 4287166 uk-bus:Director4 2015-10-01 2016-09-30 4287166 uk-bus:Director5 2015-10-01 2016-09-30 4287166 uk-bus:Director6 2015-10-01 2016-09-30 4287166 uk-bus:Director7 2015-10-01 2016-09-30 4287166 uk-bus:Director8 2015-10-01 2016-09-30 4287166 uk-bus:Director9 2015-10-01 2016-09-30 4287166 uk-bus:Director10 2015-10-01 2016-09-30 4287166 uk-bus:AllEntityOfficers 2015-10-01 2016-09-30 4287166 uk-bus:EntityAccountantsOrAuditors 2015-10-01 2016-09-30 4287166 uk-bus:EntityBankers 2015-10-01 2016-09-30 4287166 uk-bus:EntityLawyersOrLegalAdvisers 2015-10-01 2016-09-30 4287166 2016-09-30 4287166 uk-gaap:OfficeEquipment 2016-09-30 4287166 uk-gaap:FixturesFittingsToolsEquipment 2016-09-30 4287166 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-09-30 4287166 uk-gaap:PositiveGoodwill 2016-09-30 4287166 uk-gaap:LandBuildings 2016-09-30 4287166 uk-gaap:LeasedTangibleFixedAssets 2016-09-30 4287166 uk-gaap:LongLeaseholdProperties 2016-09-30 4287166 uk-gaap:Vehicles 2016-09-30 4287166 uk-gaap:MotorVehicles 2016-09-30 4287166 uk-gaap:OtherIntangibleFixedAssets 2016-09-30 4287166 uk-gaap:OtherTangibleFixedAssets 2016-09-30 4287166 uk-gaap:PlantMachinery 2016-09-30 4287166 uk-gaap:ShortLeaseholdProperties 2016-09-30 4287166 uk-bus:EntityAccountantsOrAuditors 2016-09-30 4287166 uk-bus:RegisteredOffice 2016-09-30 4287166 uk-bus:AllOrdinaryShares 2016-09-30 4287166 uk-bus:OrdinaryShareClass1 2016-09-30 4287166 uk-bus:OrdinaryShareClass2 2016-09-30 4287166 uk-bus:OrdinaryShareClass3 2016-09-30 xbrli:pure iso4217:GBP xbrli:shares
                                                                                                                                                                           
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                                                                           
PRIME MEDICALS LTD
 
 
 
 
 
 
ABBREVIATED ACCOUNTS
 
 
 
 
 
YEAR ENDED 30 SEPTEMBER 2016
 
 
 
 
 
 
 
 
 
 
 
COMPANY REGISTRATION NUMBER - 4287166
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                                                                           
 
                                                                                                                                                                           
1 .
PRIME MEDICALS LTD
Company Number - 4287166
 
ABBREVIATED BALANCE SHEET
 
30 September 2016
 
2016 2015
Notes £ £ £ £
 
FIXED ASSETS
 
Tangible assets 2 31,422 39,061
 
CURRENT ASSETS
 
Stocks 122,607 273,066
Debtors 3 2,492,631 1,813,803
Cash at Bank 835,082 1,107,772
3,450,320 3,194,641
CURRENT LIABILITIES
 
CREDITORS - Amounts falling
due within one year 498,861 413,091
NET CURRENT ASSETS 2,951,459 2,781,550
NET ASSETS 2,982,881 2,820,611
                                                                                                                                                                           
2 .
PRIME MEDICALS LTD
Company Number - 4287166
 
ABBREVIATED BALANCE SHEET
 
30 September 2016
 
2016 2015
Notes £ £ £ £
 
 
CAPITAL AND RESERVES
 
Called up share capital 4 1,000 10
Profit and loss account 2,981,881 2,820,601
SHAREHOLDERS' FUNDS 2,982,881 2,820,611
 
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
For the financial year ended 30 September 2016, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.
The members have not required the company to obtain an audit.
 
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
 
 
Approved by the board on 2 August 2017.
 
)
......................... ) S AJMAL
Director
 
                                                                                                                                                                           
3 .
PRIME MEDICALS LTD
 
NOTES TO THE ABBREVIATED ACCOUNTS
 
FOR THE YEAR ENDED 30 SEPTEMBER 2016
 
1 . ACCOUNTING POLICIES
 
BASIS OF ACCOUNTING
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
 
TANGIBLE FIXED ASSETS AND DEPRECIATION
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
 
Fixtures and fittings - 20% reducing balance
 
STOCKS
Stock of property is valued at the lower of cost and net realisable value.
 
PROVISIONS
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discount basis.
 
LEASES AND HIRE PURCHASE CONTRACTS
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.
   
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
 
TURNOVER
Turnover represents sales of services provided and property, excluding Value Added tax.
 
 
                                                                                                                                                                           
4 .
PRIME MEDICALS LTD
 
NOTES TO THE ABBREVIATED ACCOUNTS
 
FOR THE YEAR ENDED 30 SEPTEMBER 2016
 
2 . FIXED ASSETS
Tangible
fixed
assets
£
Cost or valuation
At 1 October 2015 146,099
Additions 80
At 30 September 2016 146,179
 
Depreciation
At 1 October 2015 107,038
Charge for year 7,719
At 30 September 2016 114,757
 
Net Book Values
At 30 September 2016 31,422
 
At 1 October 2015 39,061
 
 
3 . DEBTORS
 
Included in debtors is a director's current account in respect of S Ajmal.
 
The liability under the loan at the beginning and end of the year respectively was £4,721
and £8,583.
The maximum amount of the loan outstanding during the year was £8,583.
 
 
2016 2015
£ £
4 . Called up share capital
 
Allotted, called up and fully paid
Ordinary shares of £1 each 1,000 10
 
During the year, 990 ordinary shares of £1 each were issued fully paid out of reserves.