46 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 690,639 690,639 xbrli:pure xbrli:shares iso4217:GBP 08936260 2024-04-01 2025-03-31 08936260 2025-03-31 08936260 2024-03-31 08936260 2023-04-01 2024-03-31 08936260 2024-03-31 08936260 2023-03-31 08936260 core:PlantMachinery 2024-04-01 2025-03-31 08936260 core:FurnitureFittings 2024-04-01 2025-03-31 08936260 bus:Director1 2024-04-01 2025-03-31 08936260 core:NetGoodwill 2025-03-31 08936260 core:LandBuildings 2024-03-31 08936260 core:PlantMachinery 2024-03-31 08936260 core:FurnitureFittings 2024-03-31 08936260 core:LandBuildings 2025-03-31 08936260 core:PlantMachinery 2025-03-31 08936260 core:FurnitureFittings 2025-03-31 08936260 core:LandBuildings 2024-04-01 2025-03-31 08936260 core:WithinOneYear 2025-03-31 08936260 core:WithinOneYear 2024-03-31 08936260 core:ShareCapital 2025-03-31 08936260 core:ShareCapital 2024-03-31 08936260 core:RetainedEarningsAccumulatedLosses 2025-03-31 08936260 core:RetainedEarningsAccumulatedLosses 2024-03-31 08936260 core:LandBuildings 2024-03-31 08936260 core:PlantMachinery 2024-03-31 08936260 core:FurnitureFittings 2024-03-31 08936260 bus:SmallEntities 2024-04-01 2025-03-31 08936260 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08936260 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08936260 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08936260 bus:FullAccounts 2024-04-01 2025-03-31 08936260 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 08936260 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 08936260 core:OtherPropertyPlantEquipment 2024-03-31 08936260 core:OtherPropertyPlantEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 08936260
Newmarket House Healthcare Limited
Unaudited financial statements
31 March 2025
Newmarket House Healthcare Limited
Statement of financial position
31 March 2025
2025
2024
Note
£
£
£
£
Fixed assets
Tangible assets
6
49,343
54,528
Current assets
Debtors
7
177,237
168,588
Cash at bank and in hand
756,840
674,632
---------
---------
934,077
843,220
Creditors: Amounts falling due within one year
8
( 132,487)
( 131,851)
---------
---------
Net current assets
801,590
711,369
---------
---------
Total assets less current liabilities
850,933
765,897
Provisions
Taxation including deferred tax
( 7,862)
( 8,575)
---------
---------
Net assets
843,071
757,322
---------
---------
Capital and reserves
Called up share capital
1
1
Profit and loss account
843,070
757,321
---------
---------
Shareholders funds
843,071
757,322
---------
---------
These 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 statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Newmarket House Healthcare Limited
Statement of financial position (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 5 June 2025 , and are signed on behalf of the board by:
Mrs P.M. Baily
Director
Company registration number: 08936260
Newmarket House Healthcare Limited
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Newmarket House, 153 Newmarket Road, Norwich, Norfolk, NR4 6SY.
2. Statement of compliance
These 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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
The income shown in the profit and loss account represents the amount of services provided during the period.
Income tax
Provision is made, under the liability method, to take account of timing differences between the treatment of certain times for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
straight line over 10 years
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Property improvements
-
10% straight line
Plant and machinery
-
25% reducing balance
Fixtures and fittings
-
25% reducing balance
Computer equipment
-
25% straight line
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
4. Employee numbers
The average number of employees during the year was 46 (2024: 47 ).
5. Intangible assets
Goodwill
£
Cost
At 1 April 2024 and 31 March 2025
690,639
---------
Amortisation
At 1 April 2024 and 31 March 2025
690,639
---------
Carrying amount
At 31 March 2025
---------
At 31 March 2024
---------
6. Tangible assets
Property Improvement
Plant and machinery
Fixtures and fittings
Equipment
Total
£
£
£
£
£
Cost
At 1 April 2024
102,280
24,067
64,136
11,523
202,006
Additions
10,456
1,998
12,454
---------
-------
-------
-------
---------
At 31 March 2025
102,280
24,067
74,592
13,521
214,460
---------
-------
-------
-------
---------
Depreciation
At 1 April 2024
63,124
18,896
56,005
9,453
147,478
Charge for the year
10,206
1,294
4,647
1,492
17,639
---------
-------
-------
-------
---------
At 31 March 2025
73,330
20,190
60,652
10,945
165,117
---------
-------
-------
-------
---------
Carrying amount
At 31 March 2025
28,950
3,877
13,940
2,576
49,343
---------
-------
-------
-------
---------
At 31 March 2024
39,156
5,171
8,131
2,070
54,528
---------
-------
-------
-------
---------
7. Debtors
2025
2024
£
£
Trade debtors
157,952
152,047
Other debtors
19,285
16,541
---------
---------
177,237
168,588
---------
---------
8. Creditors: Amounts falling due within one year
2025
2024
£
£
Trade creditors
30,586
39,976
Social security and other taxes
76,872
78,735
Pension fund
3,584
3,477
Other creditors
21,445
9,663
---------
---------
132,487
131,851
---------
---------
9. Directors' advances, credits and guarantees
At the end of the year a Director owed the Company £2,462 which was also the maximum balance owed during the year.
No interest is due on any overdrawn balance.