2023-01-01 02 August 2024 Mr Noel Hugh Conn Noel Conn and Company 12509288 2023-12-31 12509288 2023-01-01 2023-12-31 12509288 2022-12-31 12509288 2022-01-01 2022-12-31 12509288 uk-core:WithinOneYear 2022-12-31 12509288 uk-core:WithinOneYear 2023-12-31 12509288 uk-core:AfterOneYear 2022-12-31 12509288 uk-core:AfterOneYear 2023-12-31 12509288 uk-core:ShareCapital 2023-12-31 12509288 uk-core:ShareCapital 2022-12-31 12509288 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 12509288 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 12509288 uk-bus:Director1 2023-01-01 2023-12-31 12509288 uk-core:PlantMachinery 2023-01-01 2023-12-31 12509288 uk-core:ComputerEquipment 2023-01-01 2023-12-31 12509288 uk-core:FurnitureFittings 2023-01-01 2023-12-31 12509288 uk-core:ComputerEquipment 2022-12-31 12509288 uk-core:FurnitureFittings 2022-12-31 12509288 uk-core:PlantMachinery 2022-12-31 12509288 uk-core:PlantMachinery 2023-12-31 12509288 uk-core:FurnitureFittings 2023-12-31 12509288 uk-core:ComputerEquipment 2023-12-31 12509288 uk-core:CostValuation 2022-12-31 12509288 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-12-31 12509288 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-12-31 12509288 uk-core:CostValuation 2023-12-31 12509288 uk-core:Non-currentFinancialInstruments 2023-12-31 12509288 uk-core:Non-currentFinancialInstruments 2022-12-31 iso4217:GBP xbrli:pure 12509288 uk-bus:Audited 2023-01-01 2023-12-31 12509288 uk-bus:FRS102 2023-01-01 2023-12-31 12509288 uk-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12509288 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 12509288 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Electus Healthcare 1 Limited
Registered Number:12509288
For the year ended 31 December 2023
England and Wales
Audited Financial Statements
2
For the year ended 31 December 2023
Electus Healthcare 1 Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
12509288
As at 31 December 2023
Electus Healthcare 1 Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
53,372
61,689
2
Financial assets
203
203
3
53,575
61,892
Current assets
Trade and other receivables
560,000
1,391,000
4
159,251
Cash and cash equivalents
166,682
1,557,682
719,251
Trade and other payables: amounts falling due within one
year
(422,429)
(1,253,201)
5
296,822
304,481
Net current assets
Total assets less current liabilities
358,056
358,714
Trade and other payables: amounts falling due after more
than one year
(343,500)
(343,500)
6
(11,828)
-
Provisions for liabilities
2,728
Net assets
15,214
Capital and reserves
Called up share capital
100
100
Retained earnings
2,628
15,114
2,728
15,214
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 Joseph 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 1 Limited
Notes to the Financial Statements
Statutory Information
Electus Healthcare 1 Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12509288.
Registered address:
Floor 8
71 Queen Victoria Street
London
EC4V 4AY
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.
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:
Plant and Machinery
10% Reducing balance
15% Reducing balance
Computer Equipment
10% 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
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 January 2023
80,297
57,597
2,700
20,000
(6,444)
(6,444)
-
-
Additions
At 31 December 2023
20,000
2,700
51,153
73,853
Provision for depreciation and impairment
At 01 January 2023
18,608
14,639
969
3,000
Charge for year
1,873
-
173
1,700
At 31 December 2023
20,481
14,639
1,142
4,700
At 31 December 2023
Net book value
15,300
1,558
36,514
53,372
At 31 December 2022
17,000
1,731
42,958
61,689
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5
For the year ended 31 December 2023
Electus Healthcare 1 Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
At 01 January 2023
203
203
Cost
£
£
At 31 December 2023
203
203
At 31 December 2023
Net book value
203
203
At 01 January 2023
203
203
4. Trade and other receivables
2022
2023
£
£
Other debtors
1,391,000
560,000
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
1,253,201
422,429
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
343,500
343,500
7. Average number of persons employed
During the year the average number of employees was 0
8. 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.
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6
For the year ended 31 December 2023
Electus Healthcare 1 Limited
Notes to the Financial Statements Continued
9. 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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