Priority Health Ltd 09770217 true 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is providing healthcare services. Digita Accounts Production Advanced 6.30.9574.0 true true 09770217 2023-03-01 2024-02-29 09770217 2024-02-29 09770217 bus:OrdinaryShareClass1 2024-02-29 09770217 bus:OrdinaryShareClass2 2024-02-29 09770217 bus:OrdinaryShareClass3 2024-02-29 09770217 core:RetainedEarningsAccumulatedLosses 2024-02-29 09770217 core:ShareCapital 2024-02-29 09770217 core:CurrentFinancialInstruments 2024-02-29 09770217 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 09770217 bus:SmallEntities 2023-03-01 2024-02-29 09770217 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09770217 bus:FilletedAccounts 2023-03-01 2024-02-29 09770217 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09770217 bus:RegisteredOffice 2023-03-01 2024-02-29 09770217 bus:Director1 2023-03-01 2024-02-29 09770217 bus:Director3 2023-03-01 2024-02-29 09770217 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 09770217 bus:OrdinaryShareClass2 2023-03-01 2024-02-29 09770217 bus:OrdinaryShareClass3 2023-03-01 2024-02-29 09770217 bus:EntityNoLongerTradingButTradedInPast 2023-03-01 2024-02-29 09770217 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09770217 countries:EnglandWales 2023-03-01 2024-02-29 09770217 2022-03-01 2023-02-28 09770217 2023-02-28 09770217 bus:OrdinaryShareClass1 2023-02-28 09770217 bus:OrdinaryShareClass2 2023-02-28 09770217 bus:OrdinaryShareClass3 2023-02-28 09770217 core:RetainedEarningsAccumulatedLosses 2023-02-28 09770217 core:ShareCapital 2023-02-28 09770217 core:CurrentFinancialInstruments 2023-02-28 09770217 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09770217

Priority Health Ltd

Unaudited Financial Statements

for the Year Ended 29 February 2024

 

Priority Health Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Priority Health Ltd

Company Information

Directors

A Blount

Mrs VYA Blount

Registered office

34 Boulevard
Weston-super-Mare
North Somerset
BS23 1NF

Accountants

Four Fifty Partnership
Chartered Accountants
34 Boulevard
Weston-super-Mare
North Somerset
BS23 1NF

 

Priority Health Ltd

(Registration number: 09770217)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Creditors: Amounts falling due within one year

4

(31,956)

(31,763)

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

(32,056)

(31,863)

Shareholders' deficit

 

(31,956)

(31,763)

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 November 2024 and signed on its behalf by:
 

.........................................
A Blount
Director

 

Priority Health Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
34 Boulevard
Weston-super-Mare
North Somerset
BS23 1NF
United Kingdom

The principal place of business is:
Glebe Farm
Small Lane
Earlswood
West Midlands
B94 5EL
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£).

 

Priority Health Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

2

Accounting policies (continued)

Going concern

The financial statements have been prepared on a break up basis as the company ceased to trade in July 2017.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Priority Health Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

4,658

4,658

Trade creditors

 

1,994

1,801

Other creditors

 

25,304

25,304

 

31,956

31,763

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A shares of £1 each

30

30

30

30

Ordinary B shares of £1 each

30

30

30

30

Ordinary C shares of £1 each

40

40

40

40

100

100

100

100

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank overdrafts

4,658

4,658