IRIS Accounts Production v23.2.0.158 NI676335 director 1.6.22 31.5.23 31.5.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureNI6763352022-05-31NI6763352023-05-31NI6763352022-06-012023-05-31NI6763352021-02-08NI6763352021-02-092022-05-31NI6763352022-05-31NI676335ns16:NorthernIreland2022-06-012023-05-31NI676335ns15:PoundSterling2022-06-012023-05-31NI676335ns11:Director12022-06-012023-05-31NI676335ns11:PrivateLimitedCompanyLtd2022-06-012023-05-31NI676335ns11:SmallEntities2022-06-012023-05-31NI676335ns11:AuditExempt-NoAccountantsReport2022-06-012023-05-31NI676335ns11:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-31NI676335ns11:SmallCompaniesRegimeForAccounts2022-06-012023-05-31NI676335ns11:FullAccounts2022-06-012023-05-31NI676335ns11:RegisteredOffice2022-06-012023-05-31NI676335ns6:CurrentFinancialInstruments2023-05-31NI676335ns6:CurrentFinancialInstruments2022-05-31NI676335ns6:ShareCapital2023-05-31NI676335ns6:ShareCapital2022-05-31NI676335ns6:RetainedEarningsAccumulatedLosses2023-05-31NI676335ns6:RetainedEarningsAccumulatedLosses2022-05-31NI67633512022-06-012023-05-31NI676335ns6:CostValuation2022-05-31
REGISTERED NUMBER: NI676335 (Northern Ireland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

OLDPARK HEALTHCARE LTD

OLDPARK HEALTHCARE LTD (REGISTERED NUMBER: NI676335)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


OLDPARK HEALTHCARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: R S A Rodrigues





REGISTERED OFFICE: 17 Clarendon Road
Belfast
United Kingdom
BT1 3BG





REGISTERED NUMBER: NI676335 (Northern Ireland)





ACCOUNTANTS: Baker Tilly Mooney Moore
17 Clarendon Road
Clarendon Dock
Belfast
BT1 3BG

OLDPARK HEALTHCARE LTD (REGISTERED NUMBER: NI676335)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 500,000 500,000

CURRENT ASSETS
Cash at bank 329 263

CREDITORS
Amounts falling due within one year 5 466,371 471,545
NET CURRENT LIABILITIES (466,042 ) (471,282 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,958

28,718

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,858 28,618
33,958 28,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2023 and were signed by:





R S A Rodrigues - Director


OLDPARK HEALTHCARE LTD (REGISTERED NUMBER: NI676335)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Oldpark Healthcare Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Oldpark Healthcare Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Critical accounting judgements and key sources of estimation uncertainty
In preparing these financial statements the directors have not had to make any significant judgements or estimates.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

OLDPARK HEALTHCARE LTD (REGISTERED NUMBER: NI676335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 June 2022
and 31 May 2023 500,000
NET BOOK VALUE
At 31 May 2023 500,000
At 31 May 2022 500,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 283,428 299,702
Amounts owed to group undertakings 93,681 58,781
Other creditors 89,262 113,062
466,371 471,545