Registered number
04331447
Private Healthcare (Holdings) UK Limited
Report and Accounts
29 May 2024
Accountancy 4 Wealth Limited
Accountants and Business Advisors
33 Wolverhampton Road
Cannock
Staffordshire
WS11 1AP
Private Healthcare (Holdings) UK Limited
Registered number: 04331447
Balance Sheet
as at 29 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,652 6,650
Investments 4 2,505 2,507
8,157 9,157
Current assets
Debtors 5 3,407,733 3,081,112
Creditors: amounts falling due within one year 6 (3,708,193) (3,496,342)
Net current liabilities (300,460) (415,230)
Total assets less current liabilities (292,303) (406,073)
Creditors: amounts falling due after more than one year 7 - (25,000)
Net liabilities (292,303) (431,073)
Capital and reserves
Called up share capital 1 1
Profit and loss account (292,304) (431,074)
Shareholders' funds (292,303) (431,073)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M D Ellis
Director
Approved by the board on 27 September 2024
Private Healthcare (Holdings) UK Limited
Notes to the Accounts
for the year ended 29 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 25% reducing balance
Fixtures, fittings, tools and equipment 15% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 30 May 2023 64,770 112,839 177,609
At 29 May 2024 64,770 112,839 177,609
Depreciation
At 30 May 2023 58,120 112,839 170,959
Charge for the year 998 - 998
At 29 May 2024 59,118 112,839 171,957
Net book value
At 29 May 2024 5,652 - 5,652
At 29 May 2023 6,650 - 6,650
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 30 May 2023 2,507
Additions 1
Disposals (3)
At 29 May 2024 2,505
At the year end the company directly or indirectly owned 100% of the following companies:
Hendon Universal Property Company Limited
Lincolnshire Property Investment Fund Limited
Lincolnshire Licences Limited
Renovated and New Homes Partnership Limited
South Stafford UK Consultancy Services Limited
Westminster Enterprise Holdings Limited
Quality Street Properties Limited
Hindley Ashwood Court Limited
Brexit Healthcare Invest UK Limited
Hawkesyard Care Centre Limited
Lancashire PIF 2 Limited
Healthcare Portfolio Ltd
5 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 2,132,043 2,521,838
Other debtors 1,275,690 559,274
3,407,733 3,081,112
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 10,000
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,290,803 856,695
Corporation tax 38,660 4,776
Other creditors 2,378,730 2,624,871
3,708,193 3,496,342
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 25,000
8 Related party transactions
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.
9 Controlling party
The company is controlled by Ana Reddington-Hughes and her associates.
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