Company Registration No. 03271345 (England and Wales)
BAMPTON HEALTH CARE LIMITED
Unaudited accounts
for the year ended 31 March 2024
BAMPTON HEALTH CARE LIMITED
Unaudited accounts
Contents
BAMPTON HEALTH CARE LIMITED
Company Information
for the year ended 31 March 2024
Directors
Shu Ong
Wing Foo Yap
Company Number
03271345 (England and Wales)
Registered Office
19 HAVELOCK ROAD
SOUTHSEA
PO5 1RU
UNITED KINGDOM
Accountants
K3 Accountants Limited
Barnwood
Trampers Lane
North Boarhunt
Hampshire
PO17 6DG
BAMPTON HEALTH CARE LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
4,170
5,031
Cash at bank and in hand
203,265
157,770
Creditors: amounts falling due within one year
(304,338)
(197,876)
Net current assets
535,063
329,177
Total assets less current liabilities
539,233
334,208
Creditors: amounts falling due after more than one year
-
(60,000)
Provisions for liabilities
Deferred tax
(1,388)
(1,388)
Net assets
537,845
272,820
Called up share capital
400
400
Profit and loss account
537,445
272,420
Shareholders' funds
537,845
272,820
For the year ending 31 March 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 22 December 2024 and were signed on its behalf by
Shu Ong
Director
Company Registration No. 03271345
BAMPTON HEALTH CARE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
BAMPTON HEALTH CARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03271345. The registered office is 19 HAVELOCK ROAD, SOUTHSEA, PO5 1RU, UNITED KINGDOM.
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.
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.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.
The accounting reference date is 28 March 2023. As permitted under the Companies Act 2006, the directors have made up the accounts to 31 March 2023.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.
Plant & machinery
10% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
25% straight line
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts. Income received through the till is recognised when it is received. Income received from the prescription pricing authority is recognised during the month that the drugs are dispensed.
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Comprehensive Income.
BAMPTON HEALTH CARE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
• The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
• Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined
using tax rates and laws that have been enacted or substantively enacted by the reporting date.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
16,583
20,614
37,197
At 31 March 2024
16,583
20,614
37,197
At 1 April 2023
14,600
17,566
32,166
Charge for the year
556
305
861
At 31 March 2024
15,156
17,871
33,027
At 31 March 2024
1,427
2,743
4,170
At 31 March 2023
1,983
3,048
5,031
Amounts falling due within one year
Trade debtors
212,538
210,177
Amounts due from group undertakings etc.
205,355
52,208
Accrued income and prepayments
2,221
1,222
Amounts falling due after more than one year
BAMPTON HEALTH CARE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
137,294
132,123
Taxes and social security
101,346
20,718
Loans from directors
(9,000)
-
Deferred income
(21,502)
(20,504)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 10).