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REGISTERED NUMBER: 07274424 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30th June 2024

for

Bounce Healthcare Ltd

Bounce Healthcare Ltd (Registered number: 07274424)

Contents of the Financial Statements
for the Year Ended 30th June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bounce Healthcare Ltd

Company Information
for the Year Ended 30th June 2024







Director: R Bhatia





Registered office: 10 Park Place
Manchester
M4 4EY





Registered number: 07274424 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

Bounce Healthcare Ltd (Registered number: 07274424)

Balance Sheet
30th June 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 276,641 498,318
Tangible assets 5 10,412 75,252
287,053 573,570

Current assets
Stocks 108,559 98,541
Debtors 6 2,103,493 1,836,636
Cash in hand 10,713 7,920
2,222,765 1,943,097
Creditors
Amounts falling due within one year 7 823,346 662,861
Net current assets 1,399,419 1,280,236
Total assets less current liabilities 1,686,472 1,853,806

Creditors
Amounts falling due after more than one
year

8

1,815,932

2,024,839
Net liabilities (129,460 ) (171,033 )

Capital and reserves
Called up share capital 9 100 100
Retained earnings (129,560 ) (171,133 )
Shareholders' funds (129,460 ) (171,033 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

Bounce Healthcare Ltd (Registered number: 07274424)

Balance Sheet - continued
30th June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th March 2025 and were signed by:





R Bhatia - Director


Bounce Healthcare Ltd (Registered number: 07274424)

Notes to the Financial Statements
for the Year Ended 30th June 2024


1. Statutory information

Bounce Healthcare Ltd 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 2013, is being amortised evenly over its estimated useful life of ten 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 - 25% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 10% on cost
Equipment - 10% 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 Statement of Income and Retained Earnings, 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.


Bounce Healthcare Ltd (Registered number: 07274424)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024


2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 22 (2023 - 20 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1st July 2023
and 30th June 2024 2,216,770
Amortisation
At 1st July 2023 1,718,452
Charge for year 221,677
At 30th June 2024 1,940,129
Net book value
At 30th June 2024 276,641
At 30th June 2023 498,318

Bounce Healthcare Ltd (Registered number: 07274424)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024


5. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Equipment Totals
£    £    £    £    £   
Cost
At 1st July 2023 - 31,014 81,485 12,060 124,559
Additions 20,824 - - - 20,824
Disposals - - (81,485 ) - (81,485 )
At 30th June 2024 20,824 31,014 - 12,060 63,898
Depreciation
At 1st July 2023 - 31,014 6,752 11,541 49,307
Charge for year 10,412 - 6,790 519 17,721
Eliminated on disposal - - (13,542 ) - (13,542 )
At 30th June 2024 10,412 31,014 - 12,060 53,486
Net book value
At 30th June 2024 10,412 - - - 10,412
At 30th June 2023 - - 74,733 519 75,252

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 411,413 390,760
Other debtors 1,692,080 1,445,876
2,103,493 1,836,636

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 128,882 50,220
Trade creditors 570,714 490,884
Tax 72,943 50,071
Social security and other taxes 45,107 11,908
Directors' current accounts - 25,578
Accrued expenses 5,700 34,200
823,346 662,861

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans more 5 yr by instal 1,803,691 1,951,168
Hire purchase contracts 12,241 73,671
1,815,932 2,024,839

Bounce Healthcare Ltd (Registered number: 07274424)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024


8. Creditors: amounts falling due after more than one year - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,803,691 1,951,168
Hire purchase - 73,671
1,803,691 2,024,839

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. Related party disclosures

At the year end loan made to a related parties amounted to £1,638,011 (2023: £1,401,417).