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Company Registration No. 07464490 (England and Wales)
Aarjay Healthcare Limited Unaudited accounts for the year ended 29 February 2024
Aarjay Healthcare Limited Unaudited accounts Contents
Page
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Aarjay Healthcare Limited Company Information for the year ended 29 February 2024
Directors
Jayantkumar Vinodlal Doshi Rashila Jayantkumar Doshi Avinash Jayant Doshi
Company Number
07464490 (England and Wales)
Registered Office
Unit 4 Shenley Road Woodhall Farm Estate Hemel Hempstead HP2 7QH England
Accountants
BPACL Accountancy Services Limited 83 Cowley Hill Borehamwood Hertfordshire WD6 5NA
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Aarjay Healthcare Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
105,747 
211,495 
Tangible assets
78,205 
34,731 
183,952 
246,226 
Current assets
Inventories
136,284 
125,581 
Debtors
622,829 
626,547 
Cash at bank and in hand
21,334 
9,761 
780,447 
761,889 
Creditors: amounts falling due within one year
(483,714)
(467,916)
Net current assets
296,733 
293,973 
Total assets less current liabilities
480,685 
540,199 
Creditors: amounts falling due after more than one year
(305,716)
(308,055)
Net assets
174,969 
232,144 
Capital and reserves
Called up share capital
476,023 
476,023 
Profit and loss account
(301,054)
(243,879)
Shareholders' funds
174,969 
232,144 
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Jayantkumar Vinodlal Doshi Director Company Registration No. 07464490
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Aarjay Healthcare Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Aarjay Healthcare Limited is a private company, limited by shares, registered in England and Wales, registration number 07464490. The registered office is Unit 4, Shenley Road, Woodhall Farm Estate, Hemel Hempstead, HP2 7QH, 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 as modified by the revaluation of certain fixed assets.
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:
Land & buildings
Over the life of the lease
Motor vehicles
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
961,340 
At 29 February 2024
961,340 
Amortisation
At 1 March 2023
749,845 
Charge for the year
105,748 
At 29 February 2024
855,593 
Net book value
At 29 February 2024
105,747 
At 28 February 2023
211,495 
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Aarjay Healthcare Limited Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
12,835 
- 
146,188 
159,023 
Additions
- 
53,219 
3,591 
56,810 
At 29 February 2024
12,835 
53,219 
149,779 
215,833 
Depreciation
At 1 March 2023
7,227 
- 
117,065 
124,292 
Charge for the year
473 
7,956 
4,907 
13,336 
At 29 February 2024
7,700 
7,956 
121,972 
137,628 
Net book value
At 29 February 2024
5,135 
45,263 
27,807 
78,205 
At 28 February 2023
5,608 
- 
29,123 
34,731 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
45,263 
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
22,858 
42,376 
Trade debtors
169,431 
130,103 
Accrued income and prepayments
10,626 
15,809 
Other debtors
419,914 
438,259 
622,829 
626,547 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
47,250 
36,630 
Obligations under finance leases and hire purchase contracts
10,111 
- 
Trade creditors
351,376 
287,113 
Taxes and social security
32,109 
17,191 
Other creditors
- 
126,982 
Loans from directors
19,468 
- 
Accruals
23,400 
- 
483,714 
467,916 
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Aarjay Healthcare Limited Notes to the Accounts for the year ended 29 February 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
272,675 
279,012 
Obligations under finance leases and hire purchase contracts
33,041 
- 
Other creditors
- 
29,043 
305,716 
308,055 
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 29 February 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
31,500 
30,840 
Later than one year and not later than five years
126,000 
103,800 
Later than five years
31,500 
55,533 
189,000 
190,173 
10
Guarantees provided on behalf of directors
1. Persons entitled: Hsbc UK Bank PLC Brief description: 2 henry wells square. Grovehill. Hemel hempstead. Contains fixed charge. Contains negative pledge. 2. Persons entitled: Hsbc Bank PLC Brief description: N/A. notification of addition to or amendment of charge. 3. Persons entitled: Hsbc Bank PLC Brief description: Notification of addition to or amendment of charge. Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. 4. Persons entitled: Hsbc Bank PLC Brief description: L/H property k/a unit 6 woodhall farm estate redbourn road hemel hempstead t/no.HD519614. Notification of addition to or amendment of charge.
11
Transactions with related parties
Other debtors includes amounts owed by a connected company of £446,098 (2023 : £438,259). This loan is unsecured and interest brearing @ 3.5% per annum. During the year, consultancy fees amounting to £18,000 (2023: £31,500) were pai to the connected company.
12
Average number of employees
During the year the average number of employees was 14 (2023: 13).
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