2023-01-01 02 August 2024 Mr Noel Hugh Conn Noel Conn and Company NI683167 2023-12-31 NI683167 2023-01-01 2023-12-31 NI683167 2022-12-31 NI683167 2022-01-01 2022-12-31 NI683167 uk-core:WithinOneYear 2022-12-31 NI683167 uk-core:WithinOneYear 2023-12-31 NI683167 uk-core:ShareCapital 2023-12-31 NI683167 uk-core:ShareCapital 2022-12-31 NI683167 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI683167 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI683167 uk-bus:Director1 2023-01-01 2023-12-31 NI683167 uk-core:Land 2023-01-01 2023-12-31 NI683167 uk-core:FurnitureFittings 2023-01-01 2023-12-31 NI683167 uk-core:FurnitureFittings 2022-12-31 NI683167 uk-core:Land 2022-12-31 NI683167 uk-core:Land 2023-12-31 NI683167 uk-core:FurnitureFittings 2023-12-31 iso4217:GBP xbrli:pure NI683167 uk-bus:Audited 2023-01-01 2023-12-31 NI683167 uk-bus:FRS102 2023-01-01 2023-12-31 NI683167 uk-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI683167 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 NI683167 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Electus Healthcare (Abingdon) Ltd
Registered Number:NI683167
For the year ended 31 December 2023
Northern Ireland
Audited Financial Statements
2
For the year ended 31 December 2023
Electus Healthcare (Abingdon) Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Registered Number :
NI683167
As at 31 December 2023
Electus Healthcare (Abingdon) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
95,322
100,248
2
95,322
100,248
Current assets
Inventories
2,459
2,914
3
Trade and other receivables
82,323
18,703
4
223,484
Cash and cash equivalents
349,551
371,168
308,266
Trade and other payables: amounts falling due within one
year
(401,313)
(455,593)
5
(93,047)
(84,425)
Net current liabilities
Total assets less current liabilities
10,897
7,201
(890)
-
Provisions for liabilities
10,007
Net assets
7,201
Capital and reserves
Called up share capital
100
100
Retained earnings
9,907
7,101
10,007
7,201
Shareholders' funds
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Edmund Coyle Director
These financial statements were approved and authorised for issue by the Board on 02 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Electus Healthcare (Abingdon) Ltd
Notes to the Financial Statements
Statutory Information
Electus Healthcare (Abingdon) Ltd is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI683167.
Registered address:
38a Mallusk Road
Newtownabbey
BT36 4PP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
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:
Land and Buildings
4% Straight line
20% Reducing balance
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Total
Furniture and
Fittings
Land and
Buildings
£
£
£
Cost or
valuation
At 01 January 2023
105,410
5,910
99,500
At 31 December 2023
99,500
5,910
105,410
Provision for depreciation and impairment
At 01 January 2023
5,162
1,182
3,980
Charge for year
4,926
946
3,980
At 31 December 2023
10,088
2,128
7,960
At 31 December 2023
Net book value
91,540
3,782
95,322
At 31 December 2022
95,520
4,728
100,248
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5
For the year ended 31 December 2023
Electus Healthcare (Abingdon) Ltd
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
2,914
2,459
4. Trade and other receivables
2022
2023
£
£
Trade debtors
3,825
29,105
Other debtors
14,878
53,218
82,323
18,703
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
83,492
169,140
Taxation and social security
23,521
417
Other creditors
348,580
231,756
455,593
401,313
6. Average number of persons employed
During the year the average number of employees was 112 (2022 : 40)
7. Parent-subsidiary relationship
7.1 The ultimate parent undertaking is EJC Propco 1A Ltd. The ultimate controlling party is Mr Edmund Coyle by virtue of his shareholding in the parent company.
8. Disclosure under section 444(5B) of the Companies Act 2006
The Report of the Independent Auditor is unqualified.
Mr Noel Hugh Conn (Senior Statutory Auditor)
Noel Conn and Company
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