2023-01-01 02 August 2024 Mr Noel Hugh Conn Noel Conn and Company NI674704 2023-12-31 NI674704 2023-01-01 2023-12-31 NI674704 2022-12-31 NI674704 2022-01-01 2022-12-31 NI674704 uk-core:WithinOneYear 2022-12-31 NI674704 uk-core:WithinOneYear 2023-12-31 NI674704 uk-core:ShareCapital 2023-12-31 NI674704 uk-core:ShareCapital 2022-12-31 NI674704 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI674704 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI674704 uk-bus:Director1 2023-01-01 2023-12-31 NI674704 uk-core:Buildings 2023-01-01 2023-12-31 NI674704 uk-core:ComputerEquipment 2023-01-01 2023-12-31 NI674704 uk-core:ComputerEquipment 2022-12-31 NI674704 uk-core:Buildings 2022-12-31 NI674704 uk-core:Buildings 2023-12-31 NI674704 uk-core:ComputerEquipment 2023-12-31 iso4217:GBP xbrli:pure NI674704 uk-bus:Audited 2023-01-01 2023-12-31 NI674704 uk-bus:FRS102 2023-01-01 2023-12-31 NI674704 uk-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI674704 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 NI674704 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
ELECTUS HEALTHCARE (EDGEWATER) LTD
Registered Number:NI674704
For the year ended 31 December 2023
Northern Ireland
Audited Financial Statements
2
For the year ended 31 December 2023
ELECTUS HEALTHCARE (EDGEWATER) LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI674704
As at 31 December 2023
ELECTUS HEALTHCARE (EDGEWATER) LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
36,318
38,108
2
36,318
38,108
Current assets
Inventories
4,216
2,960
3
Trade and other receivables
123,609
103,339
4
226,527
Cash and cash equivalents
485,962
592,261
354,352
Trade and other payables: amounts falling due within one
year
(318,848)
(542,807)
5
35,504
49,454
Net current assets
Total assets less current liabilities
85,772
73,612
(160)
-
Provisions for liabilities
85,612
Net assets
73,612
Capital and reserves
Called up share capital
1
1
Retained earnings
85,611
73,611
85,612
73,612
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 (EDGEWATER) LTD
Notes to the Financial Statements
Statutory Information
ELECTUS HEALTHCARE (EDGEWATER) LTD is a private limited company, limited by shares, domiciled in Northern
Ireland, registration number NI674704.
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
20% Reducing balance
Computer Equipment
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
Computer
Equipment
Leasehold
Property
£
£
£
Cost or
valuation
At 01 January 2023
41,561
1,063
40,498
At 31 December 2023
40,498
1,063
41,561
Provision for depreciation and impairment
At 01 January 2023
3,453
213
3,240
Charge for year
1,790
170
1,620
At 31 December 2023
5,243
383
4,860
At 31 December 2023
Net book value
35,638
680
36,318
At 31 December 2022
37,258
850
38,108
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5
For the year ended 31 December 2023
ELECTUS HEALTHCARE (EDGEWATER) LTD
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
2,960
4,216
4. Trade and other receivables
2022
2023
£
£
Trade debtors
60,274
47,404
Other debtors
43,065
76,205
123,609
103,339
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
44,089
80,288
Taxation and social security
78,100
17,769
Other creditors
420,618
220,791
542,807
318,848
6. Average number of persons employed
During the year the average number of employees was 93 (2022 : 80)
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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