| Registered Number:05927824 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
Shifa Healthcare Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Shifa Healthcare Limited
Statement of Financial Position
2023
2024
140,000
140,000
2
| Property, plant and equipment |
8,725
10,531
3
148,725
150,531
105,233
90,563
4
| Trade and other receivables |
1,421,718
1,110,571
5
197,267
| Cash and cash equivalents |
595,529
1,796,663
1,724,218
| Trade and other payables: amounts falling due within one |
| year |
(391,383)
(885,234)
6
1,332,835
911,429
Net current assets
| Total assets less current liabilities |
1,060,154
1,483,366
| Trade and other payables: amounts falling due after more |
| than one year |
(449,786)
-
7
1,054
1,555
| Provisions for liabilities |
1,061,208
Net assets
1,035,135
4,800
4,800
1,056,408
1,030,335
1,061,208
1,035,135
Shareholders' funds
| For the year ended 30 September 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 30 September 2024
Shifa Healthcare Limited
Statement of Financial Position Continued
| Sajid Ahmed Musa Director |
| These financial statements were approved and authorised for issue by the Board on 21 April 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 September 2024
Shifa Healthcare Limited
Notes to the Financial Statements
Statutory Information
| Shifa Healthcare Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05927824. |
6 Preston Old Road
Blackburn
Lancashire
BB2 2SS
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Office equipment
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 30 September 2024
Shifa Healthcare Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
140,000
155,000
15,000
155,000
140,000
15,000
15,000
-
15,000
15,000
-
15,000
140,000
140,000
-
140,000
-
140,000
| 3. Property, plant and equipment |
Motor vehicles
159,098
41,632
17,646
10,025
89,795
5,666
1,916
150
-
3,600
10,025
17,796
43,548
164,764
93,395
| Provision for depreciation and impairment |
148,567
39,281
17,554
5,613
86,119
Charge for year
7,472
2,360
61
1,706
3,345
156,039
41,641
17,615
7,319
89,464
3,931
2,706
181
1,907
8,725
3,676
4,412
92
2,351
10,531
2023
2024
90,563
105,233
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For the year ended 30 September 2024
Shifa Healthcare Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2023
2024
836
3,322
1,109,735
1,418,396
1,421,718
1,110,571
| The debtors above include the following amounts falling due after more than one year: |
348,033
140,000
| 6. Trade and other payables: amounts falling due within one year |
2023
2024
295,217
242,376
| Taxation and social security |
91,981
76,305
498,036
72,702
885,234
391,383
| 7. Trade and other payables: amounts falling due after more than one year |
2023
2024
-
449,786
| 8. Average number of persons employed |
During the year the average number of employees was 29 (2023 : 24)
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