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REGISTERED NUMBER: 13045320 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 May 2023

for

VK Healthcare Ltd

VK Healthcare Ltd (Registered number: 13045320)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


VK Healthcare Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: V Khanna





REGISTERED OFFICE: 50 Oak Hill
Wolverhampton
WV3 9AA





REGISTERED NUMBER: 13045320 (England and Wales)





ACCOUNTANTS: Appleby Mall Limited
Chartered Accountants
86 Tettenhall Road
Wolverhampton
West Midlands
WV1 4TF

VK Healthcare Ltd (Registered number: 13045320)

Abridged Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 997,013 997,013

CURRENT ASSETS
Debtors 93,173 8,809
Cash at bank 5,878 4,891
99,051 13,700
CREDITORS
Amounts falling due within one year 404,877 314,494
NET CURRENT LIABILITIES (305,826 ) (300,794 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

691,187

696,219

CREDITORS
Amounts falling due after more than one year 5 429,446 573,682
NET ASSETS 261,741 122,537

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 261,740 122,536
SHAREHOLDERS' FUNDS 261,741 122,537

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.

VK Healthcare Ltd (Registered number: 13045320)

Abridged Balance Sheet - continued
31 May 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 February 2024 and were signed by:





V Khanna - Director


VK Healthcare Ltd (Registered number: 13045320)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

VK Healthcare Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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).

VK Healthcare Ltd (Registered number: 13045320)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 June 2022
and 31 May 2023 997,013
NET BOOK VALUE
At 31 May 2023 997,013
At 31 May 2022 997,013

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 274,471 358,275

6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 510,227 606,382

The bank loan is secured on the company's leasehold property.

7. CALLED UP SHARE CAPITAL

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

8. ULTIMATE CONTROLLING PARTY

The controlling party is V Khanna.