Company Registration No. 05623604 (England and Wales)
Ashgrove Health Limited
Unaudited accounts
for the year ended 31 January 2022
Ashgrove Health Limited
Unaudited accounts
Contents
Ashgrove Health Limited
Company Information
for the year ended 31 January 2022
Directors
Ms C Short
Mr S Bruce
Company Number
05623604 (England and Wales)
Registered Office
11 Market Square
Higham Ferrers
NN10 8BT
Accountants
Kate Brown
The Annexe, Rectory Farm
Cranford Road
Great Addington, Kettering
Northants
NN14 4BQ
Ashgrove Health Limited
Statement of financial position
as at 31 January 2022
Intangible assets
1,400
2,800
Tangible assets
857,523
14,291
Cash at bank and in hand
83,432
67,642
Creditors: amounts falling due within one year
(439,583)
(35,371)
Net current (liabilities)/assets
(344,391)
73,707
Total assets less current liabilities
514,532
90,798
Creditors: amounts falling due after more than one year
(457,246)
(25,000)
Called up share capital
2
2
Profit and loss account
57,284
65,796
Shareholders' funds
57,286
65,798
For the year ending 31 January 2022 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 8 August 2022 and were signed on its behalf by
Ms C Short
Director
Company Registration No. 05623604
Ashgrove Health Limited
Notes to the Accounts
for the year ended 31 January 2022
Ashgrove Health Limited is a private company, limited by shares, registered in England and Wales, registration number 05623604. The registered office is 11 Market Square, Higham Ferrers, NN10 8BT.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Ashgrove Health Limited
Notes to the Accounts
for the year ended 31 January 2022
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2021
-
49,986
49,986
Additions
846,805
-
846,805
At 31 January 2022
846,805
49,986
896,791
At 1 February 2021
-
35,695
35,695
Charge for the year
-
3,573
3,573
At 31 January 2022
-
39,268
39,268
At 31 January 2022
846,805
10,718
857,523
At 31 January 2021
-
14,291
14,291
6
Debtors: amounts falling due within one year
2022
2021
Accrued income and prepayments
-
1,860
Other debtors
11,760
39,576
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
21,309
16,786
Taxes and social security
3,117
1,712
Other creditors
4,977
6,954
Loans from directors
405,894
6,113
Ashgrove Health Limited
Notes to the Accounts
for the year ended 31 January 2022
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 8 (2021: 8).