Company Registration No. 14163497 (England and Wales)
Fairview Medicare Ltd
Unaudited accounts
for the year ended 30 June 2024
Fairview Medicare Ltd
Unaudited accounts
Contents
Fairview Medicare Ltd
Company Information
for the year ended 30 June 2024
Company Number
14163497 (England and Wales)
Registered Office
26 Shaftesbury Drive
Fairfield
Hitchin
SG5 4FS
United Kingdom
Accountants
SEC Accounting Services Ltd
15 St Curthberts Street
Bedford
MK40 3JG
Fairview Medicare Ltd
Statement of financial position
as at 30 June 2024
Intangible assets
2,400
2,700
Cash at bank and in hand
4,150
13,384
Creditors: amounts falling due within one year
(3,217)
(9,138)
Net current assets
933
4,246
Called up share capital
1
1
Profit and loss account
7,685
6,945
Shareholders' funds
7,686
6,946
For the year ending 30 June 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 her 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 25 March 2025 and were signed on its behalf by
Kathryn Reaney
Director
Company Registration No. 14163497
Fairview Medicare Ltd
Notes to the Accounts
for the year ended 30 June 2024
Fairview Medicare Ltd is a private company, limited by shares, registered in England and Wales, registration number 14163497. The registered office is 26 Shaftesbury Drive, Fairfield, Hitchin, SG5 4FS, 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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of
net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less
accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful
life and is amortised on a systematic basis over its expected life, which is 10 years.
For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit
from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at
least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable
amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is
allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets
of the unit pro-rata on the basis of the carrying amount of each asset in the unit
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:
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities
are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost
determined using the effective interest method.
The accounts are presented in £ sterling.
Fairview Medicare Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
3,517
1,039
4,556
At 30 June 2024
3,517
1,039
4,556
Charge for the year
59
144
203
At 30 June 2024
59
144
203
At 30 June 2024
3,458
895
4,353
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,672
7,094
Loans from directors
-
499
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).