Company Registration No. 11923061 (England and Wales)
LAETARE CARDIOLOGY LTD.
Unaudited accounts
for the year ended 30 April 2023
LAETARE CARDIOLOGY LTD.
Unaudited accounts
Contents
LAETARE CARDIOLOGY LTD.
Company Information
for the year ended 30 April 2023
Company Number
11923061 (England and Wales)
Registered Office
SWANLAND LODGE WEST END
SWANLAND
NORTH FERRIBY
HU14 3PE
ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
LAETARE CARDIOLOGY LTD.
Statement of financial position
as at 30 April 2023
Tangible assets
8,077
9,543
Investment property
374,703
-
Cash at bank and in hand
94,851
385,204
Creditors: amounts falling due within one year
(109,218)
(93,716)
Net current assets
55,019
305,874
Total assets less current liabilities
437,799
315,417
Creditors: amounts falling due after more than one year
(76,501)
(81,925)
Net assets
361,298
233,492
Profit and loss account
360,298
232,492
Shareholders' funds
361,298
233,492
For the year ending 30 April 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 January 2024 and were signed on its behalf by
Dr J John
Director
Company Registration No. 11923061
LAETARE CARDIOLOGY LTD.
Notes to the Accounts
for the year ended 30 April 2023
LAETARE CARDIOLOGY LTD. is a private company, limited by shares, registered in England and Wales, registration number 11923061. The registered office is SWANLAND LODGE WEST END, SWANLAND, NORTH FERRIBY, HU14 3PE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on a reducing balance
Computer equipment
30% on a reducing balance
LAETARE CARDIOLOGY LTD.
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2022
10,750
-
10,750
At 30 April 2023
10,750
1,150
11,900
At 1 May 2022
1,207
-
1,207
Charge for the year
2,386
230
2,616
At 30 April 2023
3,593
230
3,823
At 30 April 2023
7,157
920
8,077
At 30 April 2022
9,543
-
9,543
The property is valued at the cost to the company during the current financial year. The director believes that the market value is not significantly different to the recorded figure above.
Amounts falling due within one year
Other debtors
69,386
14,386
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,600
5,600
Taxes and social security
28,833
28,864
Loans from directors
73,154
57,040
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
63,505
63,505
LAETARE CARDIOLOGY LTD.
Notes to the Accounts
for the year ended 30 April 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 22).