SAPIENCE HEALTHCARE LIMITED

Company Registration Number:
09235365 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

SAPIENCE HEALTHCARE LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SAPIENCE HEALTHCARE LIMITED

Company Information

for the Period Ended 30 September 2022




Director: Megha MEKWAN ARORA
Registered office: 210
Grosvenor Avenue
Hayes
UB4 8NW
Company Registration Number: 09235365 (England and Wales)

SAPIENCE HEALTHCARE LIMITED

Directors' Report Period Ended 30 September 2022

The directors present their report with the financial statements of the company for the period ended 30 September 2022

Principal Activities

Other residential care activities not elsewhere classified.

Directors

The directors shown below have held office during the whole of the period from 01 October 2021 to 30 September 2022
Megha MEKWAN ARORA

This report was approved by the board of directors on 30 September 2023
And Signed On Behalf Of The Board By:

Name: Megha MEKWAN ARORA
Status: Director

SAPIENCE HEALTHCARE LIMITED

Profit and Loss Account

for the Period Ended 30 September 2022


Notes

2022
£

2021
£
Turnover 441,069 547,145
Cost of sales ( 221,891 ) ( 256,526 )
Gross Profit or (Loss) 219,178 290,619
Distribution Costs ( 49,459 ) ( 47,099 )
Administrative Expenses ( 137,612 ) ( 188,714 )
Operating Profit or (Loss) 32,107 54,806
Interest Payable and Similar Charges ( 1,041 ) ( 58 )
Profit or (Loss) Before Tax 31,066 54,748
Tax on Profit ( 6,051 ) ( 10,402 )
Profit or (Loss) for Period 25,015 44,346

The notes form part of these financial statements

SAPIENCE HEALTHCARE LIMITED

Balance sheet

As at 30 September 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 26,554 2,430
Total fixed assets: 26,554 2,430
Current assets
Debtors: 5 23,332 33,332
Cash at bank and in hand: 33,709 7,532
Total current assets: 57,041 40,864
Creditors: amounts falling due within one year: 6 ( 41,486 ) ( 15,580 )
Net current assets (liabilities): 15,555 25,284
Total assets less current liabilities: 42,109 27,714
Creditors: amounts falling due after more than one year: 7 ( 3,734 ) ( 5,134 )
Total net assets (liabilities): 38,375 22,580

The notes form part of these financial statements

SAPIENCE HEALTHCARE LIMITED

Balance sheet continued

As at 30 September 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 38,275 22,480
Shareholders funds: 38,375 22,580

For the year ending 30 September 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 September 2023
And Signed On Behalf Of The Board By:

Name: Megha MEKWAN ARORA
Status: Director

The notes form part of these financial statements

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts
    and value added taxes. Turnover includes revenue earned from the sale of goods and from the
    rendering of services. Turnover from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. 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 depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
    impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,
    at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
    expected useful life, as follows:

    Equipment, Fixtures & fittings: 25% Reducing balance

    Motor Vehicles: 25% Reducing balance

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 12 16

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 3. Off balance sheet disclosure

    No

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 October 2021 4,234 - - 4,234
Additions 766 2,211 29,998 32,975
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 September 2022 5,000 2,211 29,998 37,209
Depreciation
At 01 October 2021 1,804 - - 1,804
Charge for year 799 553 7,499 8,851
On disposals - - - -
Other adjustments - - - -
At 30 September 2022 2,603 553 7,499 10,655
Net book value
At 30 September 2022 2,397 1,658 22,499 26,554
At 30 September 2021 2,430 - - 2,430

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

5. Debtors


2022
£

2021
£
Other debtors 23,332 33,332
Total 23,332 33,332

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

6.Creditors: amounts falling due within one year note


2022
£

2021
£
Bank loans and overdrafts 1,400 1,400
Taxation and social security 16,453 10,402
Other creditors 23,633 3,778
Total 41,486 15,580

SAPIENCE HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

7.Creditors: amounts falling due after more than one year


2022
£

2021
£
Bank loans and overdrafts 3,734 5,134
Total 3,734 5,134