2023-01-01 02 August 2024 Mr Noel Hugh Conn Noel Conn and Company NI674703 2023-12-31 NI674703 2023-01-01 2023-12-31 NI674703 2022-12-31 NI674703 2022-01-01 2022-12-31 NI674703 uk-core:WithinOneYear 2022-12-31 NI674703 uk-core:WithinOneYear 2023-12-31 NI674703 uk-core:ShareCapital 2023-12-31 NI674703 uk-core:ShareCapital 2022-12-31 NI674703 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI674703 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI674703 uk-bus:Director1 2023-01-01 2023-12-31 NI674703 uk-core:Buildings 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure NI674703 uk-bus:Audited 2023-01-01 2023-12-31 NI674703 uk-bus:FRS102 2023-01-01 2023-12-31 NI674703 uk-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI674703 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 NI674703 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
ELECTUS HEALTHCARE (CEDARHURST) LTD
Registered Number:NI674703
For the year ended 31 December 2023
Northern Ireland
Audited Financial Statements
2
For the year ended 31 December 2023
ELECTUS HEALTHCARE (CEDARHURST) LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
NI674703
As at 31 December 2023
ELECTUS HEALTHCARE (CEDARHURST) LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
98,996
103,496
2
98,996
103,496
Current assets
Inventories
2,908
3,810
3
Trade and other receivables
101,827
266,112
4
769,400
Cash and cash equivalents
952,906
1,222,828
874,135
Trade and other payables: amounts falling due within one
year
(804,908)
(1,027,809)
5
69,227
195,019
Net current assets
Total assets less current liabilities
294,015
172,723
294,015
Net assets
172,723
Capital and reserves
Called up share capital
1
1
Retained earnings
294,014
172,722
294,015
172,723
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
1 of 4
4
For the year ended 31 December 2023
ELECTUS HEALTHCARE (CEDARHURST) LTD
Notes to the Financial Statements
Statutory Information
ELECTUS HEALTHCARE (CEDARHURST) LTD is a private limited company, limited by shares, domiciled in Northern
Ireland, registration number NI674703.
Registered address:
38a Mallusk Road
Newtownabbey
Belfast
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:
Leasehold Property
4% Straight line
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 of 4
5
For the year ended 31 December 2023
ELECTUS HEALTHCARE (CEDARHURST) LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Leasehold
Property
£
Cost or
valuation
At 01 January 2023
112,496
At 31 December 2023
112,496
Provision for depreciation and impairment
At 01 January 2023
9,000
Charge for year
4,500
At 31 December 2023
13,500
At 31 December 2023
Net book value
98,996
At 31 December 2022
103,496
3. Inventories
2022
2023
£
£
Stocks
3,810
2,908
4. Trade and other receivables
2022
2023
£
£
Trade debtors
59,507
27,005
Other debtors
206,605
74,822
101,827
266,112
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
64,301
120,988
Taxation and social security
80,345
90,406
Other creditors
883,163
593,514
1,027,809
804,908
3 of 4
6
For the year ended 31 December 2023
ELECTUS HEALTHCARE (CEDARHURST) LTD
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 73 (2022 : 82)
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
4 of 4