G & G HEALTHCARE LIMITED

Company Registration Number:
12093494 (England and Wales)

Unaudited abridged accounts for the year ended 30 July 2023

Period of accounts

Start date: 31 July 2022

End date: 30 July 2023

G & G HEALTHCARE LIMITED

Contents of the Financial Statements

for the Period Ended 30 July 2023

Balance sheet
Notes

G & G HEALTHCARE LIMITED

Balance sheet

As at 30 July 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 462,167 521,167
Tangible assets: 4 148,120 97,379
Investments:   0 0
Total fixed assets: 610,287 618,546
Current assets
Stocks: 0 0
Debtors:   4,028 411
Cash at bank and in hand: 183,957 131,789
Investments:   0 0
Total current assets: 187,985 132,200
Creditors: amounts falling due within one year: 5 (84,542) (99,083)
Net current assets (liabilities): 103,443 33,117
Total assets less current liabilities: 713,730 651,663
Creditors: amounts falling due after more than one year: 6 (540,484) (554,597)
Provision for liabilities: 0 0
Total net assets (liabilities): 173,246 97,066
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 173,146 96,966
Shareholders funds: 173,246 97,066

The notes form part of these financial statements

G & G HEALTHCARE LIMITED

Balance sheet statements

For the year ending 30 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 April 2024
and signed on behalf of the board by:

Name: Dr Gurpreet Singh Tiwana
Status: Director

The notes form part of these financial statements

G & G HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant and Machinery 25% Straight lineComputer Equipment 25% Straight lineFurniture and Fittings 25% Straight line

Intangible fixed assets and amortisation policy

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of 10 years.

G & G HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

2. Employees

2023 2022
Average number of employees during the period 11 9

G & G HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

3. Intangible Assets

Total
Cost £
At 31 July 2022 590,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 July 2023 590,000
Amortisation
At 31 July 2022 68,833
Charge for year 59,000
On disposals 0
Other adjustments 0
At 30 July 2023 127,833
Net book value
At 30 July 2023 462,167
At 30 July 2022 521,167

G & G HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

4. Tangible Assets

Total
Cost £
At 31 July 2022 112,345
Additions 77,289
Disposals 0
Revaluations 0
Transfers 0
At 30 July 2023 189,634
Depreciation
At 31 July 2022 14,966
Charge for year 26,548
On disposals 0
Other adjustments 0
At 30 July 2023 41,514
Net book value
At 30 July 2023 148,120
At 30 July 2022 97,379

G & G HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

5. Creditors: amounts falling due within one year note

2023Bank loan and overdraft (secured): £18,000Trade creditors: £18,437Taxation and social security: £32,371Other creditors: £15,7342022Bank loan and overdraft (secured): £23,000Trade creditors: £42,110Taxation and social security: £22,790Other creditors: £11,183

G & G HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

6. Creditors: amounts falling due after more than one year note

2023Bank loan and overdraft (secured): £356,991Other creditors: £183,4932022Bank loan and overdraft (secured): £371,104Other creditors: £183,493