Woodbridge Road Healthcare Ltd 07081405 pharmacy false 1 January 2023 07081405 2023-01-01 2023-12-31 07081405 2022-12-31 07081405 2023-12-31 07081405 2022-01-01 2022-12-31 07081405 2021-12-31 07081405 2022-12-31 07081405 frs102-bus:FRS102 2023-01-01 2023-12-31 07081405 frs102-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07081405 frs102-bus:FullAccounts 2023-01-01 2023-12-31 07081405 frs102-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07081405 frs102-core:CurrentFinancialInstruments 2023-12-31 07081405 frs102-core:CurrentFinancialInstruments 2022-12-31 07081405 frs102-core:Non-currentFinancialInstruments 2023-12-31 07081405 frs102-core:Non-currentFinancialInstruments 2022-12-31 07081405 frs102-core:ShareCapital 2023-12-31 07081405 frs102-core:ShareCapital 2022-12-31 07081405 frs102-core:RetainedEarningsAccumulatedLosses 2023-12-31 07081405 frs102-core:RetainedEarningsAccumulatedLosses 2022-12-31 07081405 frs102-bus:Director1 2023-01-01 2023-12-31 07081405 frs102-core:NetGoodwill 2022-12-31 07081405 frs102-core:NetGoodwill 2023-12-31 07081405 frs102-core:NetGoodwill 2023-01-01 2023-12-31 07081405 frs102-core:NetGoodwill 2022-12-31 07081405 frs102-bus:OrdinaryShareClass1 2023-12-31 07081405 frs102-bus:OrdinaryShareClass1 2022-12-31 07081405 frs102-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
07081405
Woodbridge Road Healthcare Ltd
Unaudited Accounts
for the year ended
31 December 2023
Woodbridge Road Healthcare Ltd
Balance Sheet
as at 31 December 2023
Notes
2023
£
2022
£
Fixed assets
Intangible assets 3 240,000 280,000
240,000 280,000
Current assets
Stocks 30,000 30,000
Debtors 4 54,641 51,157
Cash at bank and in hand 47,829 26,861
132,470 108,018
Creditors: amounts falling due within one year 5 (529,524) (488,063)
Net current assets / (liabilities) (397,054) (380,045)
Total assets less current liabilities (157,054) (100,045)
Creditors: amounts falling due after more than one year 6 (15,000) (25,000)
Provisions for liabilities (0) (0)
Accruals and deferred income (800) (800)
Total net assets (liabilities) (172,854) (125,845)
Capital and reserves
Called up share capital 7 1 1
Profit and loss account (172,855) (125,846)
Shareholders' funds (172,854) (125,845)

Woodbridge Road Healthcare Ltd
Balance Sheet
as at 31 December 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 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.

Signed on behalf of the board of directors

...............................

R Thind

Director


Approved by the board on 11 March 2024

Company Number: 07081405 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

21 Walden Road
Hornchurch
Essex
RM11 2JT

Woodbridge Road Healthcare Ltd
Notes to the Accounts
for the year ended 31 December 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The company is funded by a loan from the director. The director has considered the next 12 months and due to the director's continued support by way of the loan, the director has considered it appropriate to prepare the financial statements on the going concern basis.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2023 2022
Average number of employees during the period 3 3

3. Intangible fixed assets
Goodwill Total
Cost £ £
At 1 January 2023 800,000 800,000
At 31 December 2023 800,000 800,000
Amortisation
At 1 January 2023 520,000 520,000
Provided during the period 40,000 40,000
At 31 December 2023 560,000 560,000
Net book value
At 31 December 2023 240,000 240,000
At 31 December 2022 280,000 280,000

4. Debtors
2023 2022
£ £
Trade debtors 35,000 34,869
Other debtors 19,641 16,288
54,641 51,157

5. Creditors: amounts falling due within one year
2023 2022
£ £
Bank Loans & Overdrafts 10,000 10,000
Trade creditors 36,000 35,800
Other creditors 483,524 442,263
529,524 488,063

6. Creditors: amounts falling due after one year
2023 2022
£ £
Bank Loans & overdrafts 15,000 25,000
15,000 25,000

7. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
1 (2022: 1) Ordinary shares of £1.00 each 1 1
1 1