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REGISTERED NUMBER: 12201750 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

AESCULAPIAN GROUP LIMITED

AESCULAPIAN GROUP LIMITED (REGISTERED NUMBER: 12201750)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AESCULAPIAN GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr S A Bruce
Mr P Convey
Dr B E Holdsworth





REGISTERED OFFICE: Devon House
171-177 Great Portland Street
London
W1W 5PQ





REGISTERED NUMBER: 12201750 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

AESCULAPIAN GROUP LIMITED (REGISTERED NUMBER: 12201750)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,886,600 4,104,712
Investments 5 4,020,020 4,020,000
7,906,620 8,124,712

CURRENT ASSETS
Debtors 6 - 100,000
Cash at bank and in hand 41,854 41,608
41,854 141,608
CREDITORS
Amounts falling due within one year 7 459,716 809,490
NET CURRENT LIABILITIES (417,862 ) (667,882 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,488,758

7,456,830

CREDITORS
Amounts falling due after more than one year 8 - 449,974
NET ASSETS 7,488,758 7,006,856

CAPITAL AND RESERVES
Called up share capital 1,582,112 1,582,112
Share premium 4,636,986 4,636,986
Retained earnings 1,269,660 787,758
7,488,758 7,006,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by:





Mr S A Bruce - Director


AESCULAPIAN GROUP LIMITED (REGISTERED NUMBER: 12201750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Aesculapian Group Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of twenty years.

The accounting policy regarding goodwill amortisation has been reviewed by the directors and a period of 20 years has been deemed a reasonable estimate of the useful life of the goodwill acquired in 2022.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 4,362,240
AMORTISATION
At 1 January 2023 257,528
Charge for year 218,112
At 31 December 2023 475,640
NET BOOK VALUE
At 31 December 2023 3,886,600
At 31 December 2022 4,104,712

AESCULAPIAN GROUP LIMITED (REGISTERED NUMBER: 12201750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2023 4,020,000 - 4,020,000
Additions - 20 20
At 31 December 2023 4,020,000 20 4,020,020
NET BOOK VALUE
At 31 December 2023 4,020,000 20 4,020,020
At 31 December 2022 4,020,000 - 4,020,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 100,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings - 322,039
Other creditors 459,716 487,451
459,716 809,490

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors - 449,974

9. RELATED PARTY DISCLOSURES

At the balance sheet date the amount owed to directors was £NIL (2022: £24,300).