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REGISTERED NUMBER: 09899610 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SEND HEALTHCARE LIMITED

SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEND HEALTHCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: H Patel



REGISTERED OFFICE: 2 Cedargrove
Hagley
Stourbridge
West Midlands
DY9 0DR



REGISTERED NUMBER: 09899610 (England and Wales)



ACCOUNTANTS: Ashcrofts Accountants Limited
2 Cedargrove
Hagley
Stourbridge
West Midlands
DY9 0DR



BANKERS: Lloyds Bank plc
7 High Street
Leicester
LE1 9FS

SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 - 620,180

CURRENT ASSETS
Debtors 5 213 1,657
Cash at bank 578,451 10,901
578,664 12,558
CREDITORS
Amounts falling due within one year 6 (11,126 ) (232,566 )
NET CURRENT ASSETS/(LIABILITIES) 567,538 (220,008 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

567,538

400,172

CREDITORS
Amounts falling due after more than one
year

7

-

(345,706

)
NET ASSETS 567,538 54,466

CAPITAL AND RESERVES
Called up share capital 11 80 80
Retained earnings 12 567,458 54,386
SHAREHOLDERS' FUNDS 567,538 54,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 24 November 2023 and were signed by:





H Patel - Director


SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Send Healthcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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).

SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022 620,180
Disposals (620,180 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 620,180

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Hamilton Health Limited
Registered office:
Nature of business: Retail pharmacy
%
Class of shares: holding
Ordinary shares 100.00
15.7.22 2022
£    £   
Aggregate capital and reserves 236,451 229,788
Profit for the year 17,163 112,388

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 1,657
Deferred tax asset 213 -
213 1,657

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) - 34,421
Amounts owed to group undertakings - 196,209
Corporation tax - 1,323
Other creditors 10,513 -
Accruals and deferred income 613 613
11,126 232,566

SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) - 345,706

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 207,185

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans - 34,421

Amounts falling due between one and two years:
Bank loans - 1-2 years - 34,540

Amounts falling due between two and five years:
Bank loans - 2-5 years - 103,981

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 207,185

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 380,127

10. DEFERRED TAX
£   
Credited during the year (213 )
Balance at 28 February 2023 (213 )

SEND HEALTHCARE LIMITED (REGISTERED NUMBER: 09899610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
80 Ordinary £1 80 80

12. RESERVES
Retained
earnings
£   

At 1 March 2022 54,386
Profit for the year 738,072
Dividends (225,000 )
At 28 February 2023 567,458

13. RELATED PARTY DISCLOSURES

At 28 February 2023 there was a loan due to Hamilton Health Limited of £Nil (2022: £196,209), a company in which Mr H Patel was a director. The company was the parent undertaking of Hamilton Health Limited until it was sold on 15 July 2022. This unsecured loan was interest free and repayable on demand.

14. DISPOSAL OF INVESTMENT IN SUBSIDIARY UNDERTAKING

On 15 July 2022 the company company sold its 100% shareholding in its trading subsidiary, Hamilton Health Limited.