| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended |
| 31 December 2024 |
| for |
| Medicus Health Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended |
| 31 December 2024 |
| for |
| Medicus Health Limited |
| Medicus Health Limited (Registered number: 12302265) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Balance Sheet | 1 |
| Medicus Health Limited (Registered number: 12302265) |
| Balance Sheet |
| 31 December 2024 |
| 31.12.24 | 31.12.23 |
| £ | £ | £ | £ |
| FIXED ASSETS |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES | ( |
) | ( |
) |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | STATUTORY INFORMATION |
| Medicus Health Limited is a |
| Registered number: |
| Registered office: |
| 2. | RELATED PARTY TRANSACTIONS |
| Included in other creditors is an unsecured loan of £4,000,000 (2023: £3,700,000) from Axe Ventures Ltd, a company in which a director has a controlling interest. From 1 January 2024 interest is payable on the loan at 1% above base rate. Prior to that date, the loan was interest free. |
| 3. | AVERAGE NUMBER OF EMPLOYEES |
| The average number of employees during the year was |
| Medicus Health Limited (Registered number: 12302265) |
| Balance Sheet - continued |
| 31 December 2024 |
| 4. | GOING CONCERN |
| As referred to in note 2 above, the company relies on the continuing support of its loan creditor which has agreed to support the company for the foreseeable future as necessary. |
| 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 were approved by the Board of Directors and authorised for issue on |