WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Company Registration Number:
08927228 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Dr A R T Thompson
Dr I G Owen
Dr D A Humphreys
Mrs T Cooper
Mrs S Holland
Mrs K Blundell
Secretary: Ms A Grundy
Registered office: 2nd Floor Ashland House
Dobson Park Way
Manchester Rd
Ince
Greater Manchester
WN2 2DX
Company Registration Number: 08927228 (England and Wales)

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company is that of providing a vehicle for Wigan practices to deliver primary care at scale in order to respond to the changing landscape in health and social care as it impacts General Practice in Wigan.

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Dr A R T Thompson
Dr I G Owen
Dr D A Humphreys
Mrs T Cooper

The director(s) shown below were appointed to the company during the period
Mrs K Blundell
08 March 2024

The director(s) shown below resigned during the period
Mrs S Holland
30 November 2023

Secretary
Ms A Grundy

This report was approved by the board of directors on 1 May 2024
And Signed On Behalf Of The Board By:

Name: Dr I G Owen
Status: Director

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 134,030 122,944
Administrative Expenses ( 131,444 ) ( 106,450 )
Operating Profit or (Loss) 2,586 16,494
Interest Payable and Similar Charges ( 97 ) ( 4,529 )
Profit or (Loss) Before Tax 2,489 11,965
Tax on Profit ( 473 ) ( 2,000 )
Profit or (Loss) for Period 2,016 9,965

The notes form part of these financial statements

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1 1
Total fixed assets: 1 1
Current assets
Debtors: 711,032 862,516
Cash at bank and in hand: 458,389 938,976
Total current assets: 1,169,421 1,801,492
Prepayments and accrued income: 60,000 15,000
Creditors: amounts falling due within one year: ( 981,883 ) ( 533,258 )
Net current assets (liabilities): 247,538 1,283,234
Total assets less current liabilities: 247,539 1,283,235
Creditors: amounts falling due after more than one year: ( 0 ) ( 29,671 )
Accruals and deferred income: ( 197,535 ) ( 1,205,576 )
Total net assets (liabilities): 50,004 47,988

The notes form part of these financial statements

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,332 1,332
Profit and loss account: 48,672 46,656
Shareholders funds: 50,004 47,988

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 May 2024
And Signed On Behalf Of The Board By:

Name: Dr I G Owen
Status: Director

The notes form part of these financial statements

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable for services net of VAT and trade discounts. Income is recognised when the service is provided.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation.

    Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value, over their expected useful lives, on the following bases:

    Computer Equipment - 20% Straight Line Basis

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 13 8

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

WIGAN BOROUGH FEDERATED HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 1
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2024 1
Depreciation
At 01 April 2023 0
Charge for year -
On disposals -
Other adjustments -
At 31 March 2024 0
Net book value
At 31 March 2024 1
At 31 March 2023 1

The current £1 relates to Investment in associates.