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COMPANY REGISTRATION NUMBER: 06550742
Liberty Healthcare Solutions Limited
Filleted Abridged Financial Statements
30 June 2024
Liberty Healthcare Solutions Limited
Abridged Financial Statements
Year Ended 30 June 2024
Contents
Pages
Abridged statement of financial position
1
Notes to the abridged financial statements
2 to 3
Liberty Healthcare Solutions Limited
Abridged Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
Current Assets
Cash at bank and in hand
345,655
311,528
Creditors: amounts falling due within one year
345,541
311,414
---------
---------
Net Current Assets
114
114
----
----
Total Assets Less Current Liabilities
114
114
----
----
Net Assets
114
114
----
----
Capital and Reserves
Called up share capital
6
1,000
1,000
Profit and loss account
( 886)
( 886)
-------
-------
Shareholders Funds
114
114
-------
-------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 27 March 2025 , and are signed on behalf of the board by:
Mr C Haines
Director
Company registration number: 06550742
Liberty Healthcare Solutions Limited
Notes to the Abridged Financial Statements
Year Ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Park Farm Lodge Nursing Home, Park Farm Road, Kettlebrook, Tamworth, B77 1DX.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The turnover shown in the income statement represents consultancy services.
Financial instruments
Debtors and creditors with no stated interest rate, and repayable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.
Irrecoverable VAT
The company is a member of a VAT group. Irrecoverable VAT is calculated using the partial exemption method and is charged to the statement of comprehensive income.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Security and contingencies
The company has entered into an unlimited guarantee for bank loans made available to group companies. It is not anticipated that any material liabilities will arise from the contingent liabilities other than those provided for in these financial statements.
There is a legal charge, incorporating a fixed and floating charge, over the assets owned by the company.
6. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary A shares shares of £ 1 each
200
200
200
200
Ordinary B shares shares of £ 1 each
800
800
800
800
-------
-------
-------
-------
1,000
1,000
1,000
1,000
-------
-------
-------
-------
7. Summary audit opinion
The auditor's report dated 27 March 2025 was unqualified .
The senior statutory auditor was Tony Hornsby BA(Hons) BFP FCA , for and on behalf of MCABA Limited t/a Mitchells .
8. Related party transactions
The company has taken advantage of exemption conferred by FRS 102 S33.1A, removing the requirement to disclose transactions between group members. During the year the company provided loans to related parties. At the balance sheet date the company owed £341,131 (2023: £307,190) to an entity holding a controlling interest. The outstanding balance is unsecured, interest free and repayable on demand.
9. Controlling party
The company is a wholly owned subsidiary of Assured Healthcare Solutions Ltd , a company incorporated in England and Wales. The directors consider the ultimate parent undertaking to be Assured Healthcare Solutions Holdings Ltd , a company registered in England and Wales. Consolidated financial statements can be obtained from the company's registered address; Dunnington Heath Farm, Dunnington, Alcester B49 5PD.