IRIS Accounts Production v24.2.0.383 14010533 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh140105332023-03-31140105332024-03-31140105332023-04-012024-03-31140105332022-03-28140105332022-03-292023-03-31140105332023-03-3114010533ns15:EnglandWales2023-04-012024-03-3114010533ns14:PoundSterling2023-04-012024-03-3114010533ns10:Director12023-04-012024-03-3114010533ns10:Director22023-04-012024-03-3114010533ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3114010533ns10:SmallEntities2023-04-012024-03-3114010533ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3114010533ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3114010533ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3114010533ns10:FullAccounts2023-04-012024-03-3114010533ns10:RegisteredOffice2023-04-012024-03-3114010533ns5:CurrentFinancialInstruments2024-03-3114010533ns5:CurrentFinancialInstruments2023-03-3114010533ns5:ShareCapital2024-03-3114010533ns5:ShareCapital2023-03-3114010533ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3114010533ns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3114010533ns5:RetainedEarningsAccumulatedLosses2024-03-3114010533ns5:RetainedEarningsAccumulatedLosses2023-03-3114010533ns5:LandBuildings2023-04-012024-03-3114010533ns5:PlantMachinery2023-04-012024-03-3114010533ns5:LandBuildings2023-03-3114010533ns5:PlantMachinery2023-03-3114010533ns5:LandBuildings2024-03-3114010533ns5:PlantMachinery2024-03-3114010533ns5:LandBuildings2023-03-3114010533ns5:PlantMachinery2023-03-3114010533ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3114010533ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 14010533 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2024

for

Flint Healthcare Limited

Flint Healthcare Limited (Registered number: 14010533)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Flint Healthcare Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Dr T J Rank
R J Bowskill





REGISTERED OFFICE: 8 Hunns Mere Way
Brighton
East Sussex
BN2 6AH





REGISTERED NUMBER: 14010533 (England and Wales)





ACCOUNTANTS: Price Green & Co
Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF

Flint Healthcare Limited (Registered number: 14010533)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 705,901 630,722

CURRENT ASSETS
Debtors 5 7,180 625
Cash at bank 51,461 7,723
58,641 8,348
CREDITORS
Amounts falling due within one year 6 628,451 691,144
NET CURRENT LIABILITIES (569,810 ) (682,796 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,091

(52,074

)

PROVISIONS FOR LIABILITIES 35,744 -
NET ASSETS/(LIABILITIES) 100,347 (52,074 )

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 65,306 -
Retained earnings 34,941 (52,174 )
100,347 (52,074 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Flint Healthcare Limited (Registered number: 14010533)

Balance Sheet - continued
31 March 2024


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 12 July 2024 and were signed on its behalf by:




R J Bowskill - Director



Dr T J Rank - Director


Flint Healthcare Limited (Registered number: 14010533)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Flint Healthcare 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.

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 as modified by the revaluation of certain assets.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Flint Healthcare Limited (Registered number: 14010533)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 562,925 90,861 653,786
Additions - 7,126 7,126
Revaluations 87,075 - 87,075
At 31 March 2024 650,000 97,987 747,987
DEPRECIATION
At 1 April 2023 - 23,064 23,064
Charge for year - 19,022 19,022
At 31 March 2024 - 42,086 42,086
NET BOOK VALUE
At 31 March 2024 650,000 55,901 705,901
At 31 March 2023 562,925 67,797 630,722

Included in cost or valuation of land and buildings is freehold land of £ 650,000 (2023 - £ 562,925 ) which is not depreciated.

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 87,075 - 87,075
Cost 562,925 97,987 660,912
650,000 97,987 747,987

If freehold land and property had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 561,925 561,925
Aggregate depreciation 22,478 11,239

Value of land in freehold land and buildings 561,925 561,925

Freehold land and property were valued on an open market basis on 31 March 2024 by the director .

Flint Healthcare Limited (Registered number: 14010533)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 6,200 -
Other debtors 980 625
7,180 625

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 18,001 1,173
Other creditors 610,450 689,971
628,451 691,144

7. RELATED PARTY DISCLOSURES

Included in other creditors is an interest free loan of £304,120 (2023: £344,120) from R J Bowskill Limited and £304,000 (2023: £344,000) from Dr Tim Rank & Co Ltd to Flint Healthcare Limited.

Included in sundry receipts is £36,000 paid by R J Bowskill Limited and £36,000 paid by Dr Tim Rank & Co Ltd to Flint Healthcare Limited for secretarial services provided.