07517224falseto build and run a care home2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2022-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2022-02-28http://www.companieshouse.gov.uk/cd:Director12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2023-02-28http://www.companieshouse.gov.uk/pt:SharePremium2022-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director22022-03-012023-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-02-28http://www.companieshouse.gov.uk/pt:SharePremium2023-02-28http://www.companieshouse.gov.uk/cd:Director32022-03-012023-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-02-28http://www.companieshouse.gov.uk/cd:Director42022-03-012023-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-03-012023-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director52022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director62022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director72022-03-012023-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director82022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-02-28http://www.companieshouse.gov.uk/2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/cd:FRS1022022-03-012023-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2022-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2023-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07517224

Vivo Medical Care Limited

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Vivo Medical Care Limited

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
DIRECTORS
Dr HWK Wijeratne
Dr JJ Wijeratne
Mr M Ekneligoda
Mr K Purandare
Dr O Ratnayake
Dr S Wijendra
Mr HRS Wijeratne
Mr A Kumaradas
REGISTERED OFFICE
10 Bourne End Road
Northwood
HA6 3BS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07517224
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Vivo Medical Care Limited

ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Vivo Medical Care Limited

BALANCE SHEET AT 28 February 2023
20232022
Notes££
FIXED ASSETS
Tangible assets26,939,1636,856,341
CURRENT ASSETS
Debtors392,70919,640
Cash at bank and in hand492,329179,827
585,038199,467
CREDITORS: Amounts falling due within one year41,724,4051,683,048
NET CURRENT LIABILITIES(1,139,367)(1,483,581)
TOTAL ASSETS LESS CURRENT LIABILITIES5,799,7965,372,760
CREDITORS: Amounts falling due after more than one year56,250,0006,250,000
NET LIABILITIES(450,204)(877,240)
CAPITAL AND RESERVES
Called up share capital8200200
Share premium account933,30033,300
Profit and loss account(483,704)(910,740)
SHAREHOLDERS' FUNDS(450,204)(877,240)
For the year ending 28 February 2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 7 June 2023 and signed on their behalf by
.............................
Mr A Kumaradas
Director

Vivo Medical Care Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
At the balance sheet date, the company had net current liabilities of £1,139,367 (2022: £1,483,581) and net liabilities of £450,204 (2022: £877,240). However, included in long term creditors was £3,250,000 (2022: £3,250,000) owed to the directors of which £3,000,000 was subordinated loans. Also included in creditors due within one year was £1,628,357 (2022: £1,628,357) owed to the directors. With the continued support of the directors, the directors believe the company to be a going concern.
1c. Depreciation
Fixed assests are shown at historical cost.
Depreciation is not yet being charged, as the assets are not currently available for use. Depreciation will commence at the date that the assets are in the location and condition necessary for them to be capable of operating in the manner intended by management.
Land And Buildingsstraight line2%
Plant And Machineryreducing balance25%
Fixtures And Fittingsreducing balance25%
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Turnover
Turnover represents medical care services supplied by the company.
1f. Statutory Information
Vivo Medical Care Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 07517224 and registered office address is 10 Bourne End Road, Northwood, England, HA6 3BS.
1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.

Vivo Medical Care Limited

2. TANGIBLE FIXED ASSETS
Land AndPlant andFixtures
BuildingsMachineryand FittingsTotal
££££
Cost
At 1 March 20227,166,541199,2075,1547,370,902
Additions200,000--200,000
At 28 February 20237,366,541199,2075,1547,570,902
Depreciation
At 1 March 2022384,773127,7322,056514,561
For the year98,53517,869774117,178
At 28 February 2023483,308145,6012,830631,739
Net Book Amounts
At 28 February 20236,883,23353,6062,3246,939,163
At 28 February 20226,781,76871,4753,0986,856,341
3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors73,069-
Other debtors19,64019,640
92,70919,640
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security19,40723,160
Salaries and wages control541-
Directors current account1,628,3571,628,357
Trade creditors70,11926,191
Pension schemes4,0613,420
Accruals1,9201,920
1,724,4051,683,048

Vivo Medical Care Limited

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans secured3,000,0003,000,000
Directors Loans 3,250,0003,250,000
6,250,0006,250,000
Of the directors loans of £4,878,357, £3,000,000 are subordinated.
6. SECURED CREDITORS
20232022
££
Amount of bank loans and overdrafts which are secured3,000,0003,000,000
The bank loans are secured over the freehold property and are charged interest at 6.0%.
7. EMPLOYEES
20232022
No.No.
Average number of employees4444
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
200 Ordinary shares of £1 each200200
200200
9. SHARE PREMIUM ACCOUNT 20232022
££
Share premium account33,30033,300