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REGISTERED NUMBER: 09621654 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30th June 2024

for

RES Healthcare Ltd

RES Healthcare Ltd (Registered number: 09621654)

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


RES Healthcare Ltd

Company Information
for the Year Ended 30th June 2024







Director: R Bhatia





Registered office: 10 Park Place
Manchester
M4 4EY





Registered number: 09621654 (England and Wales)





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

RES Healthcare Ltd (Registered number: 09621654)

Balance Sheet
30th June 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 5,130 8,696

Current assets
Stocks 32,214 28,578
Debtors 5 818,918 768,001
Cash at bank and in hand 29,009 23,972
880,141 820,551
Creditors
Amounts falling due within one year 6 270,946 227,361
Net current assets 609,195 593,190
Total assets less current liabilities 614,325 601,886

Creditors
Amounts falling due after more than one
year

7

18,786

28,946
Net assets 595,539 572,940

Capital and reserves
Called up share capital 8 100 100
Retained earnings 595,439 572,840
Shareholders' funds 595,539 572,940

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.

RES Healthcare Ltd (Registered number: 09621654)

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


RES Healthcare Ltd (Registered number: 09621654)

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


1. Statutory information

RES 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

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.

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.

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.

RES Healthcare Ltd (Registered number: 09621654)

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


3. Employees and directors

The average number of employees during the year was 9 (2023 - 9 ) .

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1st July 2023
and 30th June 2024 17,826
Depreciation
At 1st July 2023 9,130
Charge for year 3,566
At 30th June 2024 12,696
Net book value
At 30th June 2024 5,130
At 30th June 2023 8,696

5. Debtors
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 93,758 89,963
Other debtors 193,160 192,736
286,918 282,699

Amounts falling due after more than one year:
Trade debtors 532,000 485,302

Aggregate amounts 818,918 768,001

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 136,750 102,509
Taxation and social security 21,177 28,602
Other creditors 113,019 96,250
270,946 227,361

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 18,786 28,946

RES Healthcare Ltd (Registered number: 09621654)

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


7. 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 - 28,946

8. Called up share capital

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

9. Related party disclosures

At the year end loans made to a related parties amounted to £604,186 (2023: £568,177).