1 July 2023 false No description of principal activity Taxfiler 2024.6 14163497business:PrivateLimitedCompanyLtd2023-07-012024-06-30 141634972023-06-30 141634972023-07-012024-06-30 14163497business:AuditExemptWithAccountantsReport2023-07-012024-06-30 14163497business:FilletedAccounts2023-07-012024-06-30 141634972024-06-30 14163497business:Director12023-07-012024-06-30 14163497business:CompanySecretary12023-07-012024-06-30 14163497business:RegisteredOffice2023-07-012024-06-30 141634972023-06-30 14163497core:WithinOneYear2024-06-30 14163497core:WithinOneYear2023-06-30 14163497core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 14163497core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 14163497core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 14163497core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 14163497core:PreviouslyStatedAmount2024-06-30 14163497core:PreviouslyStatedAmount2023-06-30 14163497business:SmallEntities2023-07-012024-06-30 14163497countries:EnglandWales2023-07-012024-06-30 14163497core:FurnitureFittings2023-07-012024-06-30 14163497core:ComputerEquipment2023-07-012024-06-30 14163497core:Goodwill2023-06-30 14163497core:Goodwill2024-06-30 14163497core:Goodwill2023-07-012024-06-30 14163497core:FurnitureFittings2023-06-30 14163497core:ComputerEquipment2023-06-30 14163497core:FurnitureFittings2024-06-30 14163497core:ComputerEquipment2024-06-30 141634972022-07-012023-06-30 iso4217:GBP xbrli:pure
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
Page
- 2 -
Fairview Medicare Ltd Company Information for the year ended 30 June 2024
Director
Kathryn Reaney
Secretary
Caitlin Reaney
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
- 3 -
Fairview Medicare Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,400 
2,700 
Tangible assets
4,353 
- 
6,753 
2,700 
Current assets
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 
Net assets
7,686 
6,946 
Capital and reserves
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
- 4 -
Fairview Medicare Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
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.
Intangible 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:
Fixtures & fittings
20%
Computer equipment
33.33%
Creditors
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.
Presentation currency
The accounts are presented in £ sterling.
- 5 -
Fairview Medicare Ltd Notes to the Accounts for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
3,000 
At 30 June 2024
3,000 
Amortisation
At 1 July 2023
300 
Charge for the year
300 
At 30 June 2024
600 
Net book value
At 30 June 2024
2,400 
At 30 June 2023
2,700 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
- 
- 
- 
Additions
3,517 
1,039 
4,556 
At 30 June 2024
3,517 
1,039 
4,556 
Depreciation
Charge for the year
59 
144 
203 
At 30 June 2024
59 
144 
203 
Net book value
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 
Accruals
1,545 
1,545 
3,217 
9,138 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -