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Company Registration No. 14161309 (England and Wales)
CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Unaudited accounts for the year ended 30 June 2024
CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Unaudited accounts Contents
Page
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CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Company Information for the year ended 30 June 2024
Director
A M Fairburn
Company Number
14161309 (England and Wales)
Registered Office
72A Canterbury Street Cambridge CB4 3QF
Accountants
Accountancy Plus & Payroll People Ltd 9 Langley Street Langley Norwich Norfolk NR14 6DE
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CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,452 
- 
Investment property
1,610,000 
- 
1,612,452 
- 
Current assets
Debtors
8,720 
- 
Cash at bank and in hand
111 
1 
8,831 
1 
Creditors: amounts falling due within one year
(4,876)
- 
Net current assets
3,955 
1 
Total assets less current liabilities
1,616,407 
1 
Creditors: amounts falling due after more than one year
(1,624,538)
- 
Net (liabilities)/assets
(8,131)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,132)
- 
Shareholders' funds
(8,131)
1 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 31 October 2024 and were signed on its behalf by
A M Fairburn Director Company Registration No. 14161309
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CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD is a private company, limited by shares, registered in England and Wales, registration number 14161309. The registered office is 72A Canterbury Street, Cambridge, CB4 3QF.
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.
Going concern
The Directors have considered the Company's position at the time of signing of the financial statements, and based on this, the Directors have concluded that they have a reasonable expectation the Company will have adequate resources to continue in operation existence for the foreseeable future and there therefore continue to adopt the going concern basis of the accounting in preparing thee financial statements.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loan to related parties and investments in ordinary shares.
Investment property
Investment property is included at market fair value determined annually by the directors. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Plant & machinery
not depreciated in year of transfer
Fixtures & fittings
not depreciated in year of transfer
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash & cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable within penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible know amounts of cash with insignificant risk of change in value.
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CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Notes to the Accounts for the year ended 30 June 2024
Creditors
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transactions costs, and are measure subsequently at amortised cost using the effective interest method.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
- 
- 
- 
Additions
1,099 
1,353 
2,452 
At 30 June 2024
1,099 
1,353 
2,452 
Depreciation
At 30 June 2024
- 
- 
- 
Net book value
At 30 June 2024
1,099 
1,353 
2,452 
5
Investment property
2024 
£ 
Additions
1,610,000 
At 30 June 2024
1,610,000 
The properties were acquired from a group member company. The valuations used were determined by professional valuers, Fenn Wright in December 2023.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
4,744 
- 
Other debtors
3,976 
- 
8,720 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
3,976 
- 
Accruals
900 
- 
4,876 
- 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,624,538 
- 
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CARDINAL HEALTHCARE PROPERTIES (EAST ANGLIA) LTD Notes to the Accounts for the year ended 30 June 2024
9
Transactions with related parties
The company has taken advantage of the exemption in Section 33 of Financial Reporting Standard 102 from the requirement to disclose transactions with wholly owned companies within the group.
10
Controlling party
The ultimate parent company is Cardinal Healthcare Group Ltd (15570716). The registered office is 72a Canterbury Street, Cambridge, England, CB4 3QF.
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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