IRIS Accounts Production v25.1.4.42 07570087 director 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075700872024-03-31075700872025-03-31075700872024-04-012025-03-31075700872023-03-31075700872023-04-012024-03-31075700872024-03-3107570087ns15:EnglandWales2024-04-012025-03-3107570087ns14:PoundSterling2024-04-012025-03-3107570087ns10:Director12024-04-012025-03-3107570087ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107570087ns10:SmallEntities2024-04-012025-03-3107570087ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3107570087ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107570087ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107570087ns10:FullAccounts2024-04-012025-03-310757008712024-04-012025-03-3107570087ns10:OrdinaryShareClass12024-04-012025-03-3107570087ns10:OrdinaryShareClass22024-04-012025-03-3107570087ns10:OrdinaryShareClass32024-04-012025-03-3107570087ns10:RegisteredOffice2024-04-012025-03-3107570087ns5:CurrentFinancialInstruments2025-03-3107570087ns5:CurrentFinancialInstruments2024-03-3107570087ns5:Non-currentFinancialInstruments2025-03-3107570087ns5:Non-currentFinancialInstruments2024-03-3107570087ns5:ShareCapital2025-03-3107570087ns5:ShareCapital2024-03-3107570087ns5:RetainedEarningsAccumulatedLosses2025-03-3107570087ns5:RetainedEarningsAccumulatedLosses2024-03-3107570087ns5:NetGoodwill2024-04-012025-03-3107570087ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3107570087ns5:FurnitureFittings2024-04-012025-03-3107570087ns5:MotorVehicles2024-04-012025-03-3107570087ns5:NetGoodwill2024-03-3107570087ns5:NetGoodwill2025-03-3107570087ns5:NetGoodwill2024-03-3107570087ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3107570087ns5:FurnitureFittings2024-03-3107570087ns5:MotorVehicles2024-03-3107570087ns5:LandBuildingsns5:ShortLeaseholdAssets2024-04-012025-03-3107570087ns5:LandBuildingsns5:ShortLeaseholdAssets2025-03-3107570087ns5:FurnitureFittings2025-03-3107570087ns5:MotorVehicles2025-03-3107570087ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3107570087ns5:FurnitureFittings2024-03-3107570087ns5:MotorVehicles2024-03-3107570087ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3107570087ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107570087ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2025-03-3107570087ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3107570087ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2025-03-3107570087ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3107570087ns5:DeferredTaxation2024-03-3107570087ns5:DeferredTaxation2024-04-012025-03-3107570087ns5:DeferredTaxation2025-03-3107570087ns10:OrdinaryShareClass12025-03-3107570087ns10:OrdinaryShareClass22025-03-3107570087ns10:OrdinaryShareClass32025-03-3107570087ns5:RetainedEarningsAccumulatedLosses2024-03-3107570087ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 07570087 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

VICTORIA HEALTHCARE LIMITED

VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


VICTORIA HEALTHCARE LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Nazam Ali Din





REGISTERED OFFICE: 5A Suffrage Street
Smethwick
Birmingham
West Midlands
B66 3PZ





REGISTERED NUMBER: 07570087 (England and Wales)





ACCOUNTANTS: Brindleys Limited
2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 863,570 960,968
Tangible assets 5 47,110 38,899
910,680 999,867

CURRENT ASSETS
Stocks 6 101,904 127,812
Debtors 7 1,179,600 1,160,902
Cash at bank and in hand 85,816 109,998
1,367,320 1,398,712
CREDITORS
Amounts falling due within one year 8 456,024 519,207
NET CURRENT ASSETS 911,296 879,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,821,976

1,879,372

CREDITORS
Amounts falling due after more than one year 9 (824,434 ) (895,183 )

PROVISIONS FOR LIABILITIES 11 (7,883 ) (4,974 )
NET ASSETS 989,659 979,215

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 13 989,559 979,115
SHAREHOLDERS' FUNDS 989,659 979,215

VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Statement of Financial Position - continued
31 March 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 24 July 2025 and were signed by:





Nazam Ali Din - Director


VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Victoria 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.

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 2011, is being amortised evenly over its estimated useful life of twenty years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, 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 and fittings - 15% on reducing balance
Motor vehicles - 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 statement of financial position date.


VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Holiday pay
Holiday pay is recognised as an expense in the in which the service is received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 1,947,957
AMORTISATION
At 1 April 2024 986,989
Amortisation for year 97,398
At 31 March 2025 1,084,387
NET BOOK VALUE
At 31 March 2025 863,570
At 31 March 2024 960,968

VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor
leasehold fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 2 72,561 15,100 87,663
Additions - 17,006 - 17,006
At 31 March 2025 2 89,567 15,100 104,669
DEPRECIATION
At 1 April 2024 - 37,761 11,003 48,764
Charge for year - 7,771 1,024 8,795
At 31 March 2025 - 45,532 12,027 57,559
NET BOOK VALUE
At 31 March 2025 2 44,035 3,073 47,110
At 31 March 2024 2 34,800 4,097 38,899

6. STOCKS
2025 2024
£    £   
Stocks 101,904 127,812

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 239,765 212,483
Other debtors 861,180 908,941
VAT 59,310 30,837
Prepayments 19,345 8,641
1,179,600 1,160,902

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 10) 66,083 62,320
Trade creditors 238,632 223,120
Corporation Tax 44,038 33,783
Social security and other taxes 6,499 2,441
Other creditors 25,928 19,894
Directors' current accounts 57,901 143,319
Accrued expenses 16,943 34,330
456,024 519,207

VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans (see note 10) 824,434 895,183

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 560,102 645,903

10. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 66,083 62,320

Amounts falling due between one and two years:
Bank loans - 1-2 years 66,083 62,320

Amounts falling due between two and five years:
Bank loans - 2-5 years 198,249 186,960

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 560,102 645,903

11. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 7,883 4,974

Deferred
tax
£   
Balance at 1 April 2024 4,974
Provided during year 2,909
Balance at 31 March 2025 7,883

VICTORIA HEALTHCARE LIMITED (REGISTERED NUMBER: 07570087)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
69 Ordinary A 1 69 69
30 Ordinary B 1 30 30
1 Ordinary C 1 1 1
100 100

Each Ordinary A, B & C Share has one voting right and equal rights to dividends and distribution.

13. RESERVES
Retained
earnings
£   

At 1 April 2024 979,115
Profit for the year 43,444
Dividends (33,000 )
At 31 March 2025 989,559