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REGISTERED NUMBER: 13561236 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

K&H HEALTHCARE LTD

K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K&H HEALTHCARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: H Adamjee





REGISTERED OFFICE: Hollingswood Pharmacy
Unit 4
Downemead
Telford
Shropshire
TF3 2EW





REGISTERED NUMBER: 13561236 (England and Wales)





ACCOUNTANTS: Ashcrofts Accountants Limited
2 Cedargrove
Hagley
Stourbridge
West Midlands
DY9 0DR

K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 239,310 252,483
Tangible assets 5 33,623 36,395
272,933 288,878

CURRENT ASSETS
Stocks 6 30,856 26,636
Debtors 7 82,803 100,503
Cash at bank and in hand 112,285 58,811
225,944 185,950
CREDITORS
Amounts falling due within one year 8 (402,918 ) (518,962 )
NET CURRENT LIABILITIES (176,974 ) (333,012 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,959

(44,134

)

PROVISIONS FOR LIABILITIES 10 (8,406 ) -
NET ASSETS/(LIABILITIES) 87,553 (44,134 )

CAPITAL AND RESERVES
Called up share capital 11 1 1
Retained earnings 12 87,552 (44,135 )
SHAREHOLDERS' FUNDS 87,553 (44,134 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

BALANCE SHEET - continued
31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2025 and were signed by:





H Adamjee - Director


K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

K&H 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 2022, is being amortised evenly over its estimated useful life of twenty 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.
Fixtures, fittings & equipment - 20% 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 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.

K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 263,461
AMORTISATION
At 1 September 2023 10,978
Amortisation for year 13,173
At 31 August 2024 24,151
NET BOOK VALUE
At 31 August 2024 239,310
At 31 August 2023 252,483

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 September 2023 43,674
Additions 5,200
At 31 August 2024 48,874
DEPRECIATION
At 1 September 2023 7,279
Charge for year 7,972
At 31 August 2024 15,251
NET BOOK VALUE
At 31 August 2024 33,623
At 31 August 2023 36,395

K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


6. STOCKS
2024 2023
£    £   
Stocks 30,856 26,636

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 61,245 58,777
Other debtors 1,750 1,750
VAT 18,848 30,713
Deferred tax asset - 8,373
Prepayments and accrued income 960 890
82,803 100,503

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 116,502 116,352
Corporation tax 28,748 -
Social security and other taxes 777 322
Other creditors 211 165
Directors' loan accounts 254,853 400,317
Accruals and deferred income 1,827 1,806
402,918 518,962

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Between one and five years - 228
In more than five years 6,500 6,500
6,500 6,728

10. PROVISIONS FOR LIABILITIES
2024
£   
Deferred tax 8,406

Deferred
tax
£   
Balance at 1 September 2023 (8,373 )
Charged during the year 16,779
Balance at 31 August 2024 8,406

K&H HEALTHCARE LTD (REGISTERED NUMBER: 13561236)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


11. CALLED UP SHARE CAPITAL

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

12. RESERVES
Retained
earnings
£   

At 1 September 2023 (44,135 )
Profit for the year 131,687
At 31 August 2024 87,552

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 August 2024, there was a loan from Mr H Adamjee of £254,853 (2023: £400,317). This unsecured loan is interest free and repayable on demand.