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REGISTERED NUMBER: 04772193 (England and Wales)





















Financial Statements For The Year Ended 31 May 2024

for

Rowlandcourt Healthcare Limited

Rowlandcourt Healthcare Limited (Registered number: 04772193)






Contents of the Financial Statements
For The Year Ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Rowlandcourt Healthcare Limited

Company Information
For The Year Ended 31 May 2024







DIRECTORS: M Allana
J Nathu



SECRETARY: J Nathu



REGISTERED OFFICE: Woodberry Lane
Rowlands Castle
Hampshire
PO9 6DP



REGISTERED NUMBER: 04772193 (England and Wales)



SENIOR STATUTORY AUDITOR: Sibtain Versi



AUDITORS: Citi Partners Consultants LLP
Chartered Accountants & Statutory Auditors
Gatcombe House
Copnor
Portsmouth
Hampshire
PO3 5EJ

Rowlandcourt Healthcare Limited (Registered number: 04772193)

Abridged Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 7,031 9,375
Tangible assets 5 859,002 856,228
Investments 6 3,100 3,100
869,133 868,703

CURRENT ASSETS
Stocks 2,300 2,300
Debtors 89,073 244,340
Cash at bank and in hand 2,840,206 2,546,090
2,931,579 2,792,730
CREDITORS
Amounts falling due within one year (452,776 ) (413,748 )
NET CURRENT ASSETS 2,478,803 2,378,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,347,936

3,247,685

PROVISIONS FOR LIABILITIES (10,478 ) (3,630 )
NET ASSETS 3,337,458 3,244,055

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 3,287,458 3,194,055
3,337,458 3,244,055

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:





J Nathu - Director


Rowlandcourt Healthcare Limited (Registered number: 04772193)

Notes to the Financial Statements
For The Year Ended 31 May 2024

1. STATUTORY INFORMATION

Rowlandcourt Healthcare Limited 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.

Cash and cash equivalents
Cash and cash equivalents include cash in hand.

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 is being amortised over its estimated useful life of 10 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets, including trade and other receivables, cash and bank balances and investments, are initially recognised at transaction price.

Other financial assets, including investments in equity instruments which are not subsidiaries,associates or joint ventures, are initially measured at the transaction price.

Basic financial liabilities, including trade and other payables and bank loans, are initially recognised at transaction price.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price


Rowlandcourt Healthcare Limited (Registered number: 04772193)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2023 - 51 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 75,001
AMORTISATION
At 1 June 2023 65,626
Amortisation for year 2,344
At 31 May 2024 67,970
NET BOOK VALUE

At 31 May 2024 7,031
At 31 May 2023 9,375

Rowlandcourt Healthcare Limited (Registered number: 04772193)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 1,675,075
Additions 47,796
At 31 May 2024 1,722,871
DEPRECIATION
At 1 June 2023 818,847
Charge for year 45,022
At 31 May 2024 863,869
NET BOOK VALUE
At 31 May 2024 859,002
At 31 May 2023 856,228

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Totals
£   
COST
At 1 June 2023
and 31 May 2024 8,570
DEPRECIATION
At 1 June 2023 10,237
Charge for year (1,666 )
At 31 May 2024 8,571
NET BOOK VALUE
At 31 May 2024 (1 )
At 31 May 2023 (1,667 )

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 June 2023
and 31 May 2024 3,100
NET BOOK VALUE
At 31 May 2024 3,100
At 31 May 2023 3,100

Rowlandcourt Healthcare Limited (Registered number: 04772193)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 8,361 -
Between one and five years 15,328 -
23,689 -

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sibtain Versi (Senior Statutory Auditor)
for and on behalf of Citi Partners Consultants LLP

9. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.