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REGISTERED NUMBER: 03690523 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

EVERYOU HEALTHCARE LIMITED

EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EVERYOU HEALTHCARE LIMITED

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTOR: T S Dosanj





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 03690523 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 401,322 518,530
Tangible assets 5 31,890 29,087
Investments 6 99 99
433,311 547,716

CURRENT ASSETS
Stocks 7 117,857 100,919
Debtors 8 979,092 1,084,261
Cash at bank 145,674 257,954
1,242,623 1,443,134
CREDITORS
Amounts falling due within one year 9 603,411 707,891
NET CURRENT ASSETS 639,212 735,243
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,072,523

1,282,959

CREDITORS
Amounts falling due after more than one
year

10

(1,064,018

)

(1,052,339

)

PROVISIONS FOR LIABILITIES (7,819 ) (5,384 )
NET ASSETS 686 225,236

CAPITAL AND RESERVES
Called up share capital 11 100 100
Capital redemption reserve 12 50 -
Retained earnings 12 536 225,136
SHAREHOLDERS' FUNDS 686 225,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

BALANCE SHEET - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2024 and were signed by:





T S Dosanj - Director


EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Everyou Healthcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill includes £212,386 paid in connection with the acquisition of business in 1998. This was being amortised over estimated useful life of twenty years.

In the year 2015, goodwill of £567,649 accounted for amount paid for acquisition of Sanpharm Limited on 24 Jul 15.This was updated to £611,234 in YE 31 Jan 19. This has been amortised over estimated useful life of ten years.

In the year ended 31 Jan 2020 goodwill of £276,689 was accounted for amount paid for acquisition of Brodwell Limited on 07 Jun 19.This has been updated to £560,843 in the current year.This has been amortised over estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Over 5 years
Fixtures and fittings - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 1,384,462
AMORTISATION
At 1 February 2023 865,932
Amortisation for year 117,208
At 31 January 2024 983,140
NET BOOK VALUE
At 31 January 2024 401,322
At 31 January 2023 518,530

EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 February 2023 15,663 113,460 129,123
Additions - 8,676 8,676
At 31 January 2024 15,663 122,136 137,799
DEPRECIATION
At 1 February 2023 15,085 84,951 100,036
Charge for year 290 5,583 5,873
At 31 January 2024 15,375 90,534 105,909
NET BOOK VALUE
At 31 January 2024 288 31,602 31,890
At 31 January 2023 578 28,509 29,087

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 99
NET BOOK VALUE
At 31 January 2024 99
At 31 January 2023 99

7. STOCKS
2024 2023
£    £   
Stocks 117,857 100,919

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 236,095 282,566
Other debtors - VAT 41,582 36,919
Other debtors - Loan 681,143 663,390
Directors' current accounts 9,749 63,412
Prepayments 10,523 37,974
979,092 1,084,261

EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 77,279 91,889
Hire purchase contracts - 3,369
Trade creditors 381,502 487,992
Amounts owed to group undertakings 101 101
Tax 19,193 8,264
Social security and other taxes 5,629 (2,000 )
Net wages control 24,042 -
Pension control 1,390 743
Other creditors 37,122 72,929
Accrued expenses 57,153 44,604
603,411 707,891

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2 - 5 years 248,532 275,668
Bank loans more than 5 years 815,486 748,993
Hire purchase contracts - 27,678
1,064,018 1,052,339

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 815,486 748,993

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 February 2023 225,136 - 225,136
Deficit for the year (50,600 ) (50,600 )
Dividends (24,000 ) (24,000 )
Purchase of own shares (150,000 ) 50 (149,950 )
At 31 January 2024 536 50 586

EVERYOU HEALTHCARE LIMITED (REGISTERED NUMBER: 03690523)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
T S Dosanj
Balance outstanding at start of year 63,412 44,055
Amounts advanced 65,741 23,187
Amounts repaid (119,404 ) (3,830 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,749 63,412

14. ULTIMATE CONTROLLING PARTY

The controlling party is T S Dosanj.