Company Registration No. 03365478 (England and Wales)
SEDGLEY HEALTHCARE LIMITED
Unaudited accounts
for the year ended 30 June 2023
SEDGLEY HEALTHCARE LIMITED
Unaudited accounts
Contents
SEDGLEY HEALTHCARE LIMITED
Company Information
for the year ended 30 June 2023
Directors
G S Nagra
Mrs J E Nagra
Mrs M K Nagra
Dr S S Nagra
Company Number
03365478 (England and Wales)
Registered Office
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
Accountants
Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
SEDGLEY HEALTHCARE LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
342,208
346,946
Cash at bank and in hand
7,976
18,206
Creditors: amounts falling due within one year
(289,487)
(299,487)
Net current liabilities
(281,511)
(281,281)
Called up share capital
100
100
Profit and loss account
60,597
65,565
Shareholders' funds
60,697
65,665
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by
Dr S S Nagra
Director
Company Registration No. 03365478
SEDGLEY HEALTHCARE LIMITED
Notes to the Accounts
for the year ended 30 June 2023
SEDGLEY HEALTHCARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03365478. The registered office is 7 High Street, Chapel-en-le-Frith, High Peak, SK23 0HD.
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:
Land & buildings
1% straight line
Fixtures & fittings
15% reducing balance
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.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2022
461,505
61,428
522,933
At 30 June 2023
461,505
61,428
522,933
At 1 July 2022
115,376
60,611
175,987
Charge for the year
4,615
123
4,738
At 30 June 2023
119,991
60,734
180,725
At 30 June 2023
341,514
694
342,208
At 30 June 2022
346,129
817
346,946
SEDGLEY HEALTHCARE LIMITED
Notes to the Accounts
for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
277,413
287,413
Loans from directors
12,074
12,074
6
Average number of employees
During the year the average number of employees was 4 (2022: 4).