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Company Registration No. 09659994 (England and Wales)
FORMULA1HEALTHCARE LIMITED Final accounts for the year ended 31 March 2024
FORMULA1HEALTHCARE LIMITED Final accounts Contents
Page
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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
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FORMULA1HEALTHCARE LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,834 
3,667 
Current assets
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)
Net assets
867 
875 
Capital and reserves
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
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FORMULA1HEALTHCARE LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
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 
Depreciation
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 
Net book value
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)
Accruals
1,920 
1,200 
1,838 
4,116 
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FORMULA1HEALTHCARE LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Share capital
2024 
2023 
£ 
£ 
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).
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