Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11475379 2022-04-01 2023-03-31 11475379 2021-04-01 2022-03-31 11475379 2023-03-31 11475379 2022-03-31 11475379 c:Director3 2022-04-01 2023-03-31 11475379 d:CurrentFinancialInstruments 2023-03-31 11475379 d:CurrentFinancialInstruments 2022-03-31 11475379 d:Non-currentFinancialInstruments 2023-03-31 11475379 d:Non-currentFinancialInstruments 2022-03-31 11475379 d:Non-currentFinancialInstruments 1 2023-03-31 11475379 d:Non-currentFinancialInstruments 1 2022-03-31 11475379 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11475379 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11475379 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11475379 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 11475379 d:ShareCapital 2023-03-31 11475379 d:ShareCapital 2022-03-31 11475379 d:CapitalRedemptionReserve 2023-03-31 11475379 d:CapitalRedemptionReserve 2022-03-31 11475379 d:RetainedEarningsAccumulatedLosses 2023-03-31 11475379 d:RetainedEarningsAccumulatedLosses 2022-03-31 11475379 c:OrdinaryShareClass1 2022-04-01 2023-03-31 11475379 c:OrdinaryShareClass1 2023-03-31 11475379 c:OrdinaryShareClass1 2022-03-31 11475379 c:OrdinaryShareClass2 2022-04-01 2023-03-31 11475379 c:OrdinaryShareClass2 2023-03-31 11475379 c:OrdinaryShareClass2 2022-03-31 11475379 c:PreferenceShareClass1 2022-04-01 2023-03-31 11475379 c:PreferenceShareClass1 2023-03-31 11475379 c:PreferenceShareClass1 2022-03-31 11475379 c:FRS102 2022-04-01 2023-03-31 11475379 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11475379 c:FullAccounts 2022-04-01 2023-03-31 11475379 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11475379 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11475379










SOUTH YORKSHIRE OSTOMY SUPPLIES (HOLDINGS) LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
SOUTH YORKSHIRE OSTOMY SUPPLIES (HOLDINGS) LTD
REGISTERED NUMBER: 11475379

BALANCE SHEET
AS AT 31 MARCH 2023

2023
As restated
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,408,994
1,408,994

  
1,408,994
1,408,994

Current assets
  

Debtors: amounts falling due within one year
 5 
13,656
50,241

Cash at bank and in hand
  
96,829
45,742

  
110,485
95,983

Creditors: amounts falling due within one year
 6 
(798,850)
(791,139)

Net current liabilities
  
 
 
(688,365)
 
 
(695,156)

Total assets less current liabilities
  
720,629
713,838

Creditors: amounts falling due after more than one year
 7 
(400,000)
(550,000)

  

Net assets
  
320,629
163,838


Capital and reserves
  

Called up share capital 
  
100
100

Capital redemption reserve
  
300,000
150,000

Profit and loss account
  
20,529
13,738

  
320,629
163,838


Page 1

 
SOUTH YORKSHIRE OSTOMY SUPPLIES (HOLDINGS) LTD
REGISTERED NUMBER: 11475379
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 October 2023.




P M Jeffcock
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SOUTH YORKSHIRE OSTOMY SUPPLIES (HOLDINGS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

South Yorkshire Ostomy Supplies (Holdings) Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 11475379). Its registered office is Unit A9 Meadowbank Industrial Estate, Harrison Street, Rotherham, South Yorkshire, S61 1EE. The principal activity of the Company throughout the year continued to be that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 3

 
SOUTH YORKSHIRE OSTOMY SUPPLIES (HOLDINGS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
1,408,994



At 31 March 2023
1,408,994





5.


Debtors

2023
2022
£
£


Other debtors
13,656
50,241

13,656
50,241



6.


Creditors: Amounts falling due within one year

2023
As restated
2022
£
£

Amounts owed to group undertakings
797,821
789,423

Corporation tax
-
266

Other taxation and social security
-
430

Accruals and deferred income
1,029
1,020

798,850
791,139


Page 4

 
SOUTH YORKSHIRE OSTOMY SUPPLIES (HOLDINGS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due after more than one year

2023
As restated
2022
£
£

Share capital treated as debt
400,000
550,000

400,000
550,000



8.


Share capital

2023
2022
£
£
Shares classified as equity

Allotted, called up and fully paid



900 (2022 - 900) A Ordinary shares of £0.10 each
90
90
100 (2022 - 100) B Ordinary shares of £0.10 each
10
10

100

100

2023
2022
£
£
Shares classified as debt

Allotted, called up and fully paid



400,000 (2022 - 550,000) Redeemable Preference Shares shares of £1.00 each
400,000
550,000


During the year, 150,000 redeemable preference shares were redeemed.


9.


Prior year adjustment

During the preparation of the accounts, a fundamental error in the prior year's accounts was identified. This related to the obmission of dividends. A prior year adjustment has been made in these accounts to recognise these extra dividends which resulted in additional interest posted to the profit and loss account.

 
Page 5