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REGISTERED NUMBER: 12555515 (England and Wales)










SAINI HEALTHCARE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






SAINI HEALTHCARE LIMITED (REGISTERED NUMBER: 12555515)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

SAINI HEALTHCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr N Kumar





SECRETARY:





REGISTERED OFFICE: 38 East Meadway
Birmingham
B33 0AP





REGISTERED NUMBER: 12555515 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

SAINI HEALTHCARE LIMITED (REGISTERED NUMBER: 12555515)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 330,132 105,000
Tangible assets 5 19,188 5,856
349,320 110,856

CURRENT ASSETS
Stocks 40,816 40,155
Debtors 6 131,101 50,356
Cash at bank and in hand 16,922 55,815
188,839 146,326
CREDITORS
Amounts falling due within one year 7 (151,720 ) (114,673 )
NET CURRENT ASSETS 37,119 31,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

386,439

142,509

CREDITORS
Amounts falling due after more than one
year

8

(334,899

)

(90,509

)
NET ASSETS 51,540 52,000

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 51,539 51,999
SHAREHOLDERS' FUNDS 51,540 52,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SAINI HEALTHCARE LIMITED (REGISTERED NUMBER: 12555515)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





Mr N Kumar - Director


SAINI HEALTHCARE LIMITED (REGISTERED NUMBER: 12555515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Saini Healthcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of twenty four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SAINI HEALTHCARE LIMITED (REGISTERED NUMBER: 12555515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023 120,000
Additions 240,132
At 30 April 2024 360,132
AMORTISATION
At 1 May 2023 15,000
Charge for year 15,000
At 30 April 2024 30,000
NET BOOK VALUE
At 30 April 2024 330,132
At 30 April 2023 105,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 11,144
Additions 18,128
At 30 April 2024 29,272
DEPRECIATION
At 1 May 2023 5,288
Charge for year 4,796
At 30 April 2024 10,084
NET BOOK VALUE
At 30 April 2024 19,188
At 30 April 2023 5,856

6. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors 87,198 32,951
Other debtors 36,628 17,405
123,826 50,356

SAINI HEALTHCARE LIMITED (REGISTERED NUMBER: 12555515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. DEBTORS - continued
30.4.24 30.4.23
£    £   
Amounts falling due after more than one year:
Other debtors 7,275 -

Aggregate amounts 131,101 50,356

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 30 30
Trade creditors 111,276 57,506
Taxation and social security 13,766 13,728
Other creditors 26,648 43,409
151,720 114,673

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 334,899 90,509

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 334,899 -

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director loaned the company monies amounting to £22,967 (2023 - £41,592). This amount is non-interest bearing and has no fixed date of repayment.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N Kumar.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SAINI HEALTHCARE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Saini Healthcare Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Saini Healthcare Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Saini Healthcare Limited and state those matters that we have agreed to state to the director of Saini Healthcare Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Saini Healthcare Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Saini Healthcare Limited. You consider that Saini Healthcare Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Saini Healthcare Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB


Date: .............................................