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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
Page
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LAETARE CARDIOLOGY LTD. Company Information for the year ended 30 April 2024
Director
Dr J John
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
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LAETARE CARDIOLOGY LTD. Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,012 
8,077 
Investment property
623,089 
374,703 
629,101 
382,780 
Current assets
Debtors
138,424 
69,386 
Cash at bank and in hand
76,926 
94,851 
215,350 
164,237 
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 
Capital and reserves
Share premium
1,000 
1,000 
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
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LAETARE CARDIOLOGY LTD. Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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:
Motor vehicles
25% on a reducing balance
Computer equipment
30% on a reducing balance
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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 
Depreciation
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 
Net book value
At 30 April 2024
5,368 
644 
6,012 
At 30 April 2023
7,157 
920 
8,077 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
374,703 
Additions
248,386 
At 30 April 2024
623,089 
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.
6
Debtors
2024 
2023 
£ 
£ 
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 
Trade creditors
787 
159 
Taxes and social security
38,231 
28,833 
Other creditors
- 
22 
Loans from directors
238,361 
73,154 
Accruals
1,860 
1,450 
284,839 
109,218 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,921 
12,996 
Other creditors
63,505 
63,505 
70,426 
76,501 
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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).
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