2022-10-01 05927824 2023-09-30 05927824 2022-10-01 2023-09-30 05927824 2022-09-30 05927824 2021-10-01 2022-09-30 05927824 uk-core:WithinOneYear 2022-09-30 05927824 uk-core:WithinOneYear 2023-09-30 05927824 uk-core:AfterOneYear 2022-09-30 05927824 uk-core:AfterOneYear 2023-09-30 05927824 uk-core:ShareCapital 2023-09-30 05927824 uk-core:ShareCapital 2022-09-30 05927824 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 05927824 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 05927824 uk-bus:Director1 2022-10-01 2023-09-30 05927824 uk-core:PlantMachinery 2022-10-01 2023-09-30 05927824 uk-core:ToolsEquipment 2022-10-01 2023-09-30 05927824 uk-core:MotorVehicles 2022-10-01 2023-09-30 05927824 uk-core:OfficeEquipment 2022-10-01 2023-09-30 05927824 uk-core:Goodwill 2022-09-30 05927824 uk-core:IntangibleAssetsOtherThanGoodwill 2022-09-30 05927824 uk-core:Goodwill 2022-10-01 2023-09-30 05927824 uk-core:IntangibleAssetsOtherThanGoodwill 2022-10-01 2023-09-30 05927824 uk-core:Goodwill 2023-09-30 05927824 uk-core:IntangibleAssetsOtherThanGoodwill 2023-09-30 05927824 uk-core:ToolsEquipment 2022-09-30 05927824 uk-core:OfficeEquipment 2022-09-30 05927824 uk-core:MotorVehicles 2022-09-30 05927824 uk-core:PlantMachinery 2022-09-30 05927824 uk-core:MotorVehicles 2023-09-30 05927824 uk-core:OfficeEquipment 2023-09-30 05927824 uk-core:ToolsEquipment 2023-09-30 05927824 uk-core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure 05927824 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 05927824 uk-bus:FRS102 2022-10-01 2023-09-30 05927824 uk-bus:FilletedAccounts 2022-10-01 2023-09-30 05927824 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Shifa Healthcare Limited
Registered Number:05927824
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2023
Shifa Healthcare Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05927824
As at 30 September 2023
Shifa Healthcare Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
140,000
-
2
Property, plant and equipment
10,531
15,982
3
150,531
15,982
Current assets
Inventories
72,596
105,233
4
Trade and other receivables
1,262,125
1,421,718
5
267,973
Cash and cash equivalents
197,267
1,724,218
1,602,694
Trade and other payables: amounts falling due within one
year
(368,146)
(391,383)
6
1,234,548
1,332,835
Net current assets
Total assets less current liabilities
1,483,366
1,250,530
Trade and other payables: amounts falling due after more
than one year
(60,208)
(449,786)
7
1,555
519
Provisions for liabilities
1,035,135
Net assets
1,190,841
Capital and reserves
Called up share capital
4,800
4,800
Retained earnings
1,030,335
1,186,041
1,035,135
1,190,841
Shareholders' funds
For the year ended 30 September 2023 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
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.
1 of 5
4
Registered Number :
05927824
For the year ended 30 September 2023
Shifa Healthcare Limited
Statement of Financial Position Continued
Sajid Ahmed Musa Director
These financial statements were approved and authorised for issue by the Board on 24 October 2024 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 30 September 2023
Shifa Healthcare Limited
Notes to the Financial Statements
Statutory Information
Shifa Healthcare Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05927824.
Registered address:
6 Preston Old Road
Blackburn
Lancashire
BB2 2SS
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, 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
20 Straight line
33 Straight line
Computer equipment
33 Straight line
Motor vehicles
25 Straight line
Office equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
6
For the year ended 30 September 2023
Shifa Healthcare Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other
Intangible
Assets
Total
Goodwill
Cost or valuation
£
£
£
-
At 01 October 2022
15,000
15,000
140,000
140,000
Additions
-
155,000
140,000
At 30 September 2023
15,000
Amortisation
15,000
-
At 01 October 2022
15,000
15,000
At 30 September 2023
-
15,000
140,000
Net book value
140,000
At 30 September 2023
-
At 30 September 2022
-
-
-
3. Property, plant and equipment
Total
Computer
equipment
Office
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 October 2022
155,907
39,741
17,646
8,725
89,795
5,891
1,891
-
4,000
-
Additions
-
-
(2,700)
-
Disposals
(2,700)
At 30 September 2023
10,025
17,646
41,632
159,098
89,795
Provision for depreciation and impairment
At 01 October 2022
139,925
34,478
17,487
5,131
82,829
Charge for year
10,666
4,803
67
2,506
3,290
(2,024)
-
-
(2,024)
-
On disposal
At 30 September 2023
148,567
39,281
17,554
5,613
86,119
At 30 September 2023
Net book value
3,676
4,412
92
2,351
10,531
At 30 September 2022
6,966
3,594
159
5,263
15,982
4. Inventories
2022
2023
£
£
Stocks
105,233
72,596
4 of 5
7
For the year ended 30 September 2023
Shifa Healthcare Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2022
2023
£
£
Trade debtors
3,322
2,477
Other debtors
1,418,396
1,259,648
1,262,125
1,421,718
The debtors above include the following amounts falling due after more than one year:
Other debtors
140,000
-
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
242,376
166,042
Taxation and social security
76,305
66,535
Other creditors
72,702
135,569
391,383
368,146
7. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
449,786
60,208
8. Average number of persons employed
During the year the average number of employees was 24 (2022 : 22)
5 of 5