Company Registration No. 09659994 (England and Wales)
FORMULA1HEALTHCARE LIMITED
Final accounts
for the year ended 31 March 2024
FORMULA1HEALTHCARE LIMITED
Final accounts
Contents
FORMULA1HEALTHCARE LIMITED
Company Information
for the year ended 31 March 2024
Director
NANA AGYEIWAA AMOAKO
Company Number
09659994 (England and Wales)
Registered Office
11 Wickham Road
Church Crookham
GU52 6NT
Fleet, England
Accountants
DKA Accounting Ltd.
East Wing, Castle House
Dawson Road
Milton Keynes
Buckinghamshire
MK1 1QT
FORMULA1HEALTHCARE LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
1,834
3,667
Cash at bank and in hand
871
1,324
Creditors: amounts falling due within one year
(1,838)
(4,116)
Net current liabilities
(967)
(2,792)
Called up share capital
100
100
Profit and loss account
767
775
Shareholders' funds
867
875
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 August 2024 and were signed on its behalf by
NANA AGYEIWAA AMOAKO
Director
Company Registration No. 09659994
FORMULA1HEALTHCARE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
FORMULA1HEALTHCARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09659994. The registered office is 11 Wickham Road, Church Crookham, GU52 6NT, Fleet, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
3,000
3,063
6,063
At 31 March 2024
3,000
3,063
6,063
At 1 April 2023
1,000
1,396
2,396
Charge for the year
1,000
833
1,833
At 31 March 2024
2,000
2,229
4,229
At 31 March 2024
1,000
834
1,834
At 31 March 2023
2,000
1,667
3,667
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,412
11,276
Loans from directors
(11,494)
(8,360)
FORMULA1HEALTHCARE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).