IRIS Accounts Production v25.1.4.42 01291950 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012919502023-06-30012919502024-06-30012919502023-07-012024-06-30012919502022-06-30012919502022-07-012023-06-30012919502023-06-3001291950ns15:EnglandWales2023-07-012024-06-3001291950ns14:PoundSterling2023-07-012024-06-3001291950ns10:Director12023-07-012024-06-3001291950ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3001291950ns10:SmallEntities2023-07-012024-06-3001291950ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3001291950ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3001291950ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3001291950ns10:AbridgedAccounts2023-07-012024-06-3001291950ns10:Director22023-07-012024-06-3001291950ns10:RegisteredOffice2023-07-012024-06-3001291950ns5:CurrentFinancialInstruments2024-06-3001291950ns5:CurrentFinancialInstruments2023-06-3001291950ns5:Non-currentFinancialInstruments2024-06-3001291950ns5:Non-currentFinancialInstruments2023-06-3001291950ns5:ShareCapital2024-06-3001291950ns5:ShareCapital2023-06-3001291950ns5:RetainedEarningsAccumulatedLosses2024-06-3001291950ns5:RetainedEarningsAccumulatedLosses2023-06-3001291950ns5:WithinOneYear2024-06-3001291950ns5:WithinOneYear2023-06-3001291950ns5:BetweenOneFiveYears2024-06-3001291950ns5:BetweenOneFiveYears2023-06-3001291950ns5:MoreThanFiveYears2024-06-3001291950ns5:MoreThanFiveYears2023-06-3001291950ns5:AllPeriods2024-06-3001291950ns5:AllPeriods2023-06-30
REGISTERED NUMBER: 01291950 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Fleetwood Health Centre Limited

Fleetwood Health Centre Limited (Registered number: 01291950)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Fleetwood Health Centre Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A A W O'Brien
G F O'Brien





REGISTERED OFFICE: 42 Kelso Avenue
Cleveleys
Lancashire
FY5 3JG





REGISTERED NUMBER: 01291950 (England and Wales)





ACCOUNTANTS: Ashworth Treasure Limited
Chartered Accountants
17-19 Park Street
Lytham
Lancashire
FY8 5LU

Fleetwood Health Centre Limited (Registered number: 01291950)

Abridged Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,437 27,803

CURRENT ASSETS
Stocks 38,579 33,066
Debtors 1,216,826 1,098,532
Cash at bank 3,446 75,304
1,258,851 1,206,902
CREDITORS
Amounts falling due within one year 743,836 903,045
NET CURRENT ASSETS 515,015 303,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

538,452

331,660

CREDITORS
Amounts falling due after more than one
year

(219,401

)

(229,401

)

PROVISIONS FOR LIABILITIES (6,951 ) (6,951 )
NET ASSETS 312,100 95,308

CAPITAL AND RESERVES
Called up share capital 202,100 2,100
Retained earnings 110,000 93,208
SHAREHOLDERS' FUNDS 312,100 95,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 30 June 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 5 June 2025 and were signed on its behalf by:



A A W O'Brien - Director


Fleetwood Health Centre Limited (Registered number: 01291950)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Fleetwood Health Centre 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance

Plant and machinery -25% 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.

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.

Tangible fixed assets operated under the terms of finance leases are capitalised at a value equal to the cost incurred by the lessor in acquiring the relevant assets and depreciated in the same manner as owned assets. Leases are regarded as finance leases where their terms transfer to the lessee substantially all the benefits and burdens of ownership other than the right to title. The capital element of future lease payments is included in creditors. In the case of other leases, the annual rentals are charged to trading profit on a straight line basis over the lease terms.

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.

Fleetwood Health Centre Limited (Registered number: 01291950)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 232,947
Additions 1,258
At 30 June 2024 234,205
DEPRECIATION
At 1 July 2023 205,144
Charge for year 5,624
At 30 June 2024 210,768
NET BOOK VALUE
At 30 June 2024 23,437
At 30 June 2023 27,803

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 46,000 46,000
Between one and five years 230,000 230,000
In more than five years 782,000 828,000
1,058,000 1,104,000

6. CONTINGENT LIABILITIES

The company has entered into a cross guarantee arrangement with its bankers with other group companies. The amount of indebtedness of other group companies at the balance sheet date was £1,331,666 (2023: £1,388,333).

7. RELATED PARTY DISCLOSURES

Included in creditors due in more than one year were amounts owing of £207,734 (2023: £207,734) to companies external to the group related by common influence.
Included in debtors are interest free loans of £625,656 (2023: £635,963) owed by companies external to the group related by common influence.
During the year a loan from the director of £200,000 was converted to 200,000 preference shares of £1 each.

8. PARENT COMPANY

G F O'Brien (NI) Limited, a company registered in Northern Ireland is regarded by the directors as being the company's parent company.

9. PREFERENCE SHARES

The company issued 200,000 non-cumulative, non-redeemable, non-convertible preference shares of £1 each during the year. The shares are classified as equity in accordance with FRS 102, as the company has no contractual obligation to repay the principal or dividends.