Company Registration No. 11923061 (England and Wales)
LAETARE CARDIOLOGY LTD.
Unaudited accounts
for the year ended 30 April 2024
LAETARE CARDIOLOGY LTD.
Unaudited accounts
Contents
LAETARE CARDIOLOGY LTD.
Company Information
for the year ended 30 April 2024
Company Number
11923061 (England and Wales)
Registered Office
SWANLAND LODGE WEST END
SWANLAND
NORTH FERRIBY
HU14 3PE
ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
LAETARE CARDIOLOGY LTD.
Statement of financial position
as at 30 April 2024
Tangible assets
6,012
8,077
Investment property
623,089
374,703
Cash at bank and in hand
76,926
94,851
Creditors: amounts falling due within one year
(284,839)
(109,218)
Net current (liabilities)/assets
(69,489)
55,019
Total assets less current liabilities
559,612
437,799
Creditors: amounts falling due after more than one year
(70,426)
(76,501)
Net assets
489,186
361,298
Profit and loss account
488,186
360,298
Shareholders' funds
489,186
361,298
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 6 December 2024 and were signed on its behalf by
Dr J John
Director
Company Registration No. 11923061
LAETARE CARDIOLOGY LTD.
Notes to the Accounts
for the year ended 30 April 2024
LAETARE CARDIOLOGY LTD. is a private company, limited by shares, registered in England and Wales, registration number 11923061. The registered office is SWANLAND LODGE WEST END, SWANLAND, NORTH FERRIBY, HU14 3PE, 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.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% on a reducing balance
Computer equipment
30% on a reducing balance
LAETARE CARDIOLOGY LTD.
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
10,750
1,150
11,900
At 30 April 2024
10,750
1,150
11,900
At 1 May 2023
3,593
230
3,823
Charge for the year
1,789
276
2,065
At 30 April 2024
5,382
506
5,888
At 30 April 2024
5,368
644
6,012
At 30 April 2023
7,157
920
8,077
Fair value at 1 May 2023
374,703
The property is valued at the cost to the company during the current financial year. The director believes that the market value is not significantly different to the recorded figure above.
Amounts falling due within one year
Other debtors
138,424
69,386
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,600
5,600
Taxes and social security
38,231
28,833
Loans from directors
238,361
73,154
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
63,505
63,505
LAETARE CARDIOLOGY LTD.
Notes to the Accounts
for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).