Company Registration No. 09769735 (England and Wales)
ASHTONS HEALTHCARE SOLUTIONS LTD
Unaudited accounts
for the year ended 31 May 2023
ASHTONS HEALTHCARE SOLUTIONS LTD
Unaudited accounts
Contents
ASHTONS HEALTHCARE SOLUTIONS LTD
Company Information
for the year ended 31 May 2023
Company Number
09769735 (England and Wales)
Registered Office
Speaks Pharmacy Church Street
Blackrod
Bolton
England
BL6 5EE
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
ASHTONS HEALTHCARE SOLUTIONS LTD
Statement of financial position
as at 31 May 2023
Tangible assets
267,903
252,946
Cash at bank and in hand
110,548
164,215
Creditors: amounts falling due within one year
(5,747)
(27,745)
Net current assets
351,077
334,052
Total assets less current liabilities
618,980
586,998
Creditors: amounts falling due after more than one year
(458,390)
(449,083)
Net assets
160,590
137,915
Called up share capital
3
3
Profit and loss account
160,587
137,912
Shareholders' funds
160,590
137,915
For the year ending 31 May 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 her 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 22 February 2024 and were signed on its behalf by
Fareen Mahmood
Director
Company Registration No. 09769735
ASHTONS HEALTHCARE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
ASHTONS HEALTHCARE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 09769735. The registered office is Speaks Pharmacy Church Street, Blackrod, Bolton, England, BL6 5EE.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
20% Straight line
Expenditure on research and development is written off in the year in which it is incurred.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
ASHTONS HEALTHCARE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
252,946
2,057
12,000
9,084
276,087
Additions
-
999
17,698
-
18,697
At 31 May 2023
252,946
3,056
29,698
9,084
294,784
At 1 June 2022
-
2,057
12,000
9,084
23,141
Charge for the year
-
200
3,540
-
3,740
At 31 May 2023
-
2,257
15,540
9,084
26,881
At 31 May 2023
252,946
799
14,158
-
267,903
At 31 May 2022
252,946
-
-
-
252,946
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
153,000
186,769
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,967
27,045
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
218,390
209,083
Loans from directors
240,000
240,000
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
ASHTONS HEALTHCARE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Amount owed to director
240,000
-
-
240,000
A total sum of £240,000 was owed to the director as at the year end. This relates to fund used in acquiring the property during 2016/17 financial year.
10
Transactions with related parties
A total loan of £153,000 (Previous Year: £186,769) was due from SWM PHARMA SOLUTIONS LIMITED. This amount is shown in Notes to the accounts as "Other debtors" under "Debtors: amounts falling due after more than one year".
11
Average number of employees
During the year the average number of employees was 15 (2022: 21).