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REGISTERED NUMBER: 11748034 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ADDS HEALTHCARE LIMITED

ADDS HEALTHCARE LIMITED (REGISTERED NUMBER: 11748034)

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


ADDS HEALTHCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr A Shah





SECRETARY: Mrs A Shah





REGISTERED OFFICE: 29 Curzon Avenue
Stanmore
Middlesex
HA7 2AH





REGISTERED NUMBER: 11748034 (England and Wales)





ACCOUNTANTS: AKS Advisers
Fourth & Fifth Floors
14-15 Lower Grosvenor Place
London
SW1W 0EX

ADDS HEALTHCARE LIMITED (REGISTERED NUMBER: 11748034)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109 376
Investments 5 130,000 10,408
130,109 10,784

CURRENT ASSETS
Debtors 6 7,636 2,099
Cash at bank and in hand 5,330 5,598
12,966 7,697
CREDITORS
Amounts falling due within one year 7 12,649 17,601
NET CURRENT ASSETS/(LIABILITIES) 317 (9,904 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,426

880

CREDITORS
Amounts falling due after more than one
year

8

130,000

-
NET ASSETS 426 880

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 326 780
426 880

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.

ADDS HEALTHCARE LIMITED (REGISTERED NUMBER: 11748034)

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 31 October 2024 and were signed by:





Mr A Shah - Director


ADDS HEALTHCARE LIMITED (REGISTERED NUMBER: 11748034)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Adds 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

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.

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.

ADDS HEALTHCARE LIMITED (REGISTERED NUMBER: 11748034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued

Going concern:
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Based on the assessment, they consider that the company will have sufficient funds to meet its cash
requirements and its liabilities as they fall due for the next twelve months from the approval of these
financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 1,070
DEPRECIATION
At 1 February 2023 694
Charge for year 267
At 31 January 2024 961
NET BOOK VALUE
At 31 January 2024 109
At 31 January 2023 376

5. FIXED ASSET INVESTMENTS

31.1.24 31.1.23
£    £   
Participating interests 130,000 -
Other loans - 10,408
130,000 10,408

ADDS HEALTHCARE LIMITED (REGISTERED NUMBER: 11748034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


5. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Interest
in
associate
£   
COST
Additions - Cross Chemist 130,000
At 31 January 2024 130,000
NET BOOK VALUE
At 31 January 2024 130,000
Other
loans
£   
At 1 February 2023 10,408
Repayment in year (12,688 )
Other movement 2,280
At 31 January 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 4,247 1,960
Other debtors 3,389 139
7,636 2,099

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 3,150 741
Other creditors 9,499 16,860
12,649 17,601

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other creditors 130,000 -

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Shah.